Rybalchenko S. Subjective distribution function advantages for modeling heterogeneous insurance portfolio

It is considered and analysed sophisticated and special cases of insurance portfolio structure. Distribution functions which describe the actual values of insurance company performance and risk indicators most exactly are defined. Recommendations are developed for approximation of subjective distribution function. An analysis is conducted by using of the real performance of insurance company indicators.

Keywords: insurance portfolio, distribution function, probability, risk in insurance, mean, dispersion, asymmetry, excess.

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