Abstract
This paper combines a simple experience rating example with a set of graphs in order to illustrate key credibility concepts as they relate to experience rating. As part of this graphical approach, credibility will be related to linear aggression.
Volume
LXXXV
Page
654
Year
1998
Categories
Actuarial Applications and Methodologies
Ratemaking
Experience Rating
Financial and Statistical Methods
Credibility
Business Areas
Workers Compensation
Publications
Proceedings of the Casualty Actuarial Society