top of page
Rechercher
Photo du rédacteurHélène Dufour

FIRE CLAIM SIZE ESTIMATION USING MATHEMATICAL METHODS: MONTE CARLO SIMULATION & SCENARIO ANALYSIS

This report uses UK fire statistics to model insurance claims for a company next year. It estimates the total sum of claims by modeling both the number and size of fires as random variables from statistical distributions. Monte Carlo simulations in R are used to predict the probability distribution of total claim costs.


2 vues0 commentaire

Posts récents

Voir tout

Comments


bottom of page