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• W2003168676 abstract "We present a new model of loss processes in insurance. The process is a couple (N,L) where N is a univariate Markov-modulated Poisson process (MMPP) and L is a multivariate loss process whose behavior is driven by N. We prove the strong consistency of the maximum likelihood estimator of the parameters of this model and present an EM algorithm to compute it in practice. The method is illustrated with simulations and real sets of insurance data." @default.
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• W2003168676 date "2013-09-01" @default.
• W2003168676 modified "2023-09-25" @default.
• W2003168676 title "Estimation of the parameters of a Markov-modulated loss process in insurance" @default.
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• W2003168676 doi "https://doi.org/10.1016/j.insmatheco.2013.07.003" @default.
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