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- W2149259910 abstract "Abstract A common characteristic for many insurance risks is the right-tail risk, representing low-frequency, large-loss events. In this paper I propose a measure of the right-tail risk by defining the right-tail deviation and the right-tail index. I explain how the right-tail deviation measures the right-tail risk and compare it to traditional measures such as standard deviation, the Gini mean, and the expected policyholder deficit. The right-tail index is applied to some common parametric families of loss distributions." @default.
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- W2149259910 date "1998-04-01" @default.
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- W2149259910 title "An Actuarial Index of the Right-Tail Risk" @default.
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- W2149259910 doi "https://doi.org/10.1080/10920277.1998.10595708" @default.
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