Modeling premium growth in the Malaysian Motor Insurance Industry

The motor insurance industry came into the limelight since the enforcement of mandatory motor insurance coverage in 1959 This paper uses a modeling technique to ascertain the various components and parameters that affect the change in premiums receIved by the entire industry, or a segment of it. Onc...

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Main Authors: Lee, Tak Chen, Hendon Redzuan, Rasidah Mohd Said, Arawati Agus
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 1994
Online Access:http://journalarticle.ukm.my/7955/1/780-1491-1-SM.pdf
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author Lee, Tak Chen
Hendon Redzuan,
Rasidah Mohd Said,
Arawati Agus,
author_facet Lee, Tak Chen
Hendon Redzuan,
Rasidah Mohd Said,
Arawati Agus,
author_sort Lee, Tak Chen
collection UKM
description The motor insurance industry came into the limelight since the enforcement of mandatory motor insurance coverage in 1959 This paper uses a modeling technique to ascertain the various components and parameters that affect the change in premiums receIved by the entire industry, or a segment of it. Once these components & parameters are identified, the actual growth of new premiums can be derived by extrapolating the components and parameters in one or more expressions (or commonly referred to as a formula). These expressions could be useful in forecasting the future market dynamics of the motor Insurance Industry.
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spelling ukm.eprints-79552016-12-14T06:45:45Z http://journalarticle.ukm.my/7955/ Modeling premium growth in the Malaysian Motor Insurance Industry Lee, Tak Chen Hendon Redzuan, Rasidah Mohd Said, Arawati Agus, The motor insurance industry came into the limelight since the enforcement of mandatory motor insurance coverage in 1959 This paper uses a modeling technique to ascertain the various components and parameters that affect the change in premiums receIved by the entire industry, or a segment of it. Once these components & parameters are identified, the actual growth of new premiums can be derived by extrapolating the components and parameters in one or more expressions (or commonly referred to as a formula). These expressions could be useful in forecasting the future market dynamics of the motor Insurance Industry. Penerbit Universiti Kebangsaan Malaysia 1994 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/7955/1/780-1491-1-SM.pdf Lee, Tak Chen and Hendon Redzuan, and Rasidah Mohd Said, and Arawati Agus, (1994) Modeling premium growth in the Malaysian Motor Insurance Industry. Jurnal Pengurusan, 13 . pp. 17-27. ISSN 0127-2713 http://ejournals.ukm.my/pengurusan/issue/view/202
spellingShingle Lee, Tak Chen
Hendon Redzuan,
Rasidah Mohd Said,
Arawati Agus,
Modeling premium growth in the Malaysian Motor Insurance Industry
title Modeling premium growth in the Malaysian Motor Insurance Industry
title_full Modeling premium growth in the Malaysian Motor Insurance Industry
title_fullStr Modeling premium growth in the Malaysian Motor Insurance Industry
title_full_unstemmed Modeling premium growth in the Malaysian Motor Insurance Industry
title_short Modeling premium growth in the Malaysian Motor Insurance Industry
title_sort modeling premium growth in the malaysian motor insurance industry
url http://journalarticle.ukm.my/7955/1/780-1491-1-SM.pdf
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AT rasidahmohdsaid modelingpremiumgrowthinthemalaysianmotorinsuranceindustry
AT arawatiagus modelingpremiumgrowthinthemalaysianmotorinsuranceindustry