RT Journal Article
SR Electronic
A1 Stehlík, Milan
A1 Střelec, Luboš
T1 On normality assumptions for claims in insurance
JF Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
YR 2014
VO 57
IS 3
SP 141
OP 146
DO 10.11118/actaun200957030141
UL https://acta.mendelu.cz/artkey/acu-200903-0015.php
AB The aim of this paper is to discuss effects of deviations from hypothetized normality. Two models are considered, one is the first pension pillar (and we consider here very small samples, which plays some role at start of some pension system or at early phases of it) and second one of modeling for IBNR (here we consider mid-samples). We will show that at early phases of 1<sup>st</sup> pension pillar in Slovakia the estimation of upper probability of oversizing of critical constant given by Potocký and Stehlík, 2005, fits well. For the case of IBNR reserves, the date given by Stelljes, 2006, are significantly more skewed and thus further research is needed for appropriate modelling of these reserves.