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43 results for “Insurance”
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Research ArticleOpen accessIn the abstractFlow of Dividends under a Constant Force of InterestJuma Kasozi, Jostein PaulsenThis study addresses the issue of maximization of dividends of an insurer whose portfolio is exposed to insurance risk. The insurance risk arises from the classical surplus process commonly known as the Cramér-Lundberg model in the insurance literature. To enhance his financial base, the insurer invests in a risk free asset whose price dynamics are governed by a constant force … …American Journal of Applied Sciences, Vol. 2, Issue 10 · 31 Oct 2005 · 7,386 accessesView PDFCite
Research ArticleOpen accessIn the abstractEstimating the Claim Severity Distribution using Variable Neighborhood SearchKunjira Kingphai, Samruam ChongcharoenIn this study, Variable Neighborhood Search (VNS) is utilized to estimate the parameters of actual motor insurance claims data set and compared them obtained by the Moment Estimation Methods (MOM) and Maximum likelihood Estimation Method (MLE) which are known as a conscientious method. Then, the Kolmogorov-Smirnov test (K-S) is used to show how well the selected distribution fits the actual … …American Journal of Applied Sciences, Vol. 13, Issue 12 · 19 Dec 2016 · 7,326 accessesView PDFCite
Research ArticleOpen accessIn the abstractPROBING NON-ADHERENCE TO PRESCRIBED MEDICINES? A BIVARIATE DISTRIBUTION WITH INFORMATION NUCLEUS CLARIFIESRamalingam ShanmugamNo illness gets cured without the patient’s adherence to the prescribed medicine (s). Reasons such as too many medicines, lack of health insurance coverage, high co-payment cost, loss of cognitive memory to take. are commonly noticed for non-adherence. In some illnesses, the patients who do not adhere to the prescribed medicines end up again in hospital. How should the pertinent … …Current Research in Medicine, Vol. 5, Issue 2 · 17 Jul 2014 · 7,223 accessesView PDFCite
Research ArticleOpen accessIn the abstractESTIMATING LOSS SEVERITY DISTRIBUTION: CONVOLUTION APPROACHRo J. PakFinancial loss can be classified into two types such as expected loss and unexpected loss. A current definition seeks to separate two losses from a total loss. In this article, however, we redefine a total loss as the sum of expected and unexpended losses; then the distribution of loss can be considered as the convolution of the distributions of both … …Journal of Mathematics and Statistics, Vol. 10, Issue 2 · 2 May 2014 · 6,896 accessesView PDFCite
Research ArticleOpen accessIn the abstractTRUSTED CLOUD COMPUTING FRAMEWORK FOR HEALTHCARE SECTORMervat Adib Bamiah, Sarfraz Nawaz Brohi, Suriayati Chuprat, Jamalul-lail Ab MananCloud computing is rapidly evolving due to its efficient characteristics such as cost-effectiveness, availability and elasticity. Healthcare organizations and consumers lose control when they outsource their sensitive data and computing resources to a third party Cloud Service Provider (CSP), which may raise security and privacy concerns related to data loss and misuse appealing threats. Lack of consumers’ knowledge about their … …Journal of Computer Science, Vol. 10, Issue 2 · 13 Nov 2013 · 7,687 accessesView PDFCite
Research ArticleOpen accessIn the abstractLand Degradation and Preventive Measures From the Perspective of the StakeholdersMosayeb Heshmati, Arifin Abdu, Nik Muhamad Majid, J. ShamshuddinLand degradation at the catchment scale in Iran is widespread, usually assumed to be accelerated by the activities of local inhabitants. Social issues such as low income, poverty and low level of welfare and education contribute to land degradation. A study was conducted to identify the causes of land degradation in Merek catchment, Iran and to propose appropriate measures to … …American Journal of Applied Sciences, Vol. 10, Issue 9 · 24 Aug 2013 · 8,367 accessesView PDFCite
Research ArticleOpen accessIn the abstractBooming Medical Tourism and Economic IndicesRamalingam ShanmugamGlobalization in this 21st century unifies nations. The globalization impacts positively to promote trade and services among the nations but it could also harm economic growth and technological innovations in nations as their capital are drained to elsewhere. On its own merits, the globalization is a true manifestation of an open economy. The medical profession is not immune to this … …International Journal of Research in Nursing, Vol. 3, Issue 2 · 30 Mar 2013 · 7,773 accessesView PDFCite
Research ArticleOpen accessIn the abstractPerformance of Multiple Linear Regression and Nonlinear Neural Networks and Fuzzy Logic Techniques in Modelling House PricesSiti Amri, Gurudeo Anand TularamHouse price prediction continues to be important for government agencies insurance companies and real estate industry. This study investigates the performance of house sales price models based on linear and non-linear approaches to study the effects of selected variables. Linear stepwise Multiple Regression (MR) and nonlinear models of Neural Network (NN) and Adaptive Neuro-Fuzzy (ANFIS) are developed and compared. The … …Journal of Mathematics and Statistics, Vol. 8, Issue 4 · 18 Dec 2012 · 8,430 accessesView PDFCite
Research ArticleOpen accessIn the abstractDividend Maximization in the Cramer-Lundberg Model using Homotopy Analysis MethodJuma Kasozi, Fred Mayambala, Charles Wilson MaheraProblem statement: We used the Homotopy Analysis Method (HAM) to numerically compute the value function of the dividend payment in the basic insurance process. Approach: The process is a constant income stream from premiums which is subtracted a claim process of the Poisson type. Further, an allowance for payment of dividends to share holders was incorporated. Results: The case when … …Journal of Mathematics and Statistics, Vol. 7, Issue 1 · 31 Jan 2011 · 7,018 accessesView PDFCite
Research ArticleOpen accessIn the abstractA Fragile Watermarking Scheme for Image Authentication with Tamper Localization Using Integer Wavelet TransformP. MeenakshiDevi, M. Venkatesan, K. DuraiswamyProblem statement: In recent years, as digital media are gaining wider popularity, their security related issues are becoming greater concern. Method for authenticating and assuring the integrity of the image is required. Image authentication is possible by embedding a layer of the authentication signature into the digital image using a digital watermark. In some applications tamper localization is also required. … …Journal of Computer Science, Vol. 5, Issue 11 · 30 Nov 2009 · 7,731 accessesView PDFCite