Utilization of Regression and Correlation Analysis for Optimal Composition of Factors Affecting Premium Rates of Compulsory Contractual Insurance

DOI

10.2991/esm-16.2016.39How to use a DOI?

Keywords

Insurance, compulsory contractual insurance, motor third party liability insurance, regression analysis, correlation analysis

Abstract

The paper is dedicated to the proposal of optimal composition of factors to determine the premium rates of the compulsory contractual motor third party liability insurance in the selected insurance companies. The main aim of this paper is to find dependence of the premium rates on each factor by usage of regression and correlation analysis. The results of analysis show the optimal factors for selected companies.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Alena Kostalova
AU  - Michal Pavlicko
PY  - 2016/08
DA  - 2016/08
TI  - Utilization of Regression and Correlation Analysis for Optimal Composition of Factors Affecting Premium Rates of Compulsory Contractual Insurance
BT  - Proceedings of the 2016 International Conference on Engineering Science and Management
PB  - Atlantis Press
SP  - 170
EP  - 173
SN  - 2352-5401
UR  - https://doi.org/10.2991/esm-16.2016.39
DO  - 10.2991/esm-16.2016.39
ID  - Kostalova2016/08
ER  -