Benha University

Mohammed Gouda Khalil Hindawy

Lecturer

Faculty of Commerce Statistics,Math & Insurances

Short-Term Insurance Claims Payments Forecasting with Holt-Winter Filtering and Residual Analysis

Pakistan Journal of Statistics and Operation Research (PJSOR) • 2024
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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.
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