Mohammed Gouda Khalil Hindawy
Lecturer
Short-Term Insurance Claims Payments Forecasting with Holt-Winter Filtering and Residual Analysis
Pakistan Journal of Statistics and Operation Research (PJSOR) • 2024
Publication Information
Authors
Not Available
Keywords
Exponential smoothing; Claims data; Cullen-Frey; Holt-Winters’ additive algorithm; Insurance data; Residuals analysis; Forecasting.
Journal
Pakistan Journal of Statistics and Operation Research (PJSOR)
Publisher
Not Available
Volume
19
Issue
1
Pages
167-186
publication.type
International
Paper Link
Not Available
Supplementary Materials
Not Available
Abstract
Time series are essential for anticipating various claims payment applications. For insurance firms to prevent significant losses brought on by potential future claims, the future values of predicted claims are crucial. Additionally, the ideal parameter is chosen artificially. By using a genuine application, the proposed model’s utility is demonstrated. Additionally, the ideal parameter is chosen artificially. By using a genuine application, the proposed model utility is demonstrated. Also, the single exponential smoothing model is used for prediction under the Holt-Winters’ additive algorithm.
