Shumaila Burney

Data Analysis and Modelingof Claim Amounts of Car Insurance using Big Data: A Study for Pakistan

S. M. Aqil Burney, Laiq Muhammad Khan, Shumaila Burney & Muhammad Humayoun · Asian Journal of Probability and Statistics · 2022

Modelling of data of claim amount is of paramount importance to manage risk reserve for payment of claims. Actuaries model uncertainty using probability distributions. In this research paper claim amount distribution of the data of an insurance concern has been estimated and anal...