Barmalzan, Ghobad; Najafabadi, Amir T. Payandeh; … - In: Insurance: Mathematics and Economics 61 (2015) C, pp. 235-241
The aggregate claim amount in a particular time period is a quantity of fundamental importance for proper management of an insurance company and also for pricing of insurance coverages. In this paper, we show that the proportional hazard rates (PHR) model, which includes some well-known...