Description: This paper develops a parametric model for health care insurance claims using currently available software to fit parametric models to the data. Model selection is based on the Chi-squared goodness-of-fit test and a comparison of the empirical limited expected value function to parametric limited expected value functions. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This paper presents a model of oil tanker casualties which permits an expected casualty rate for each tanker to be calculated based on its age and casualty history. These expected rates are shown to be good predictors of both the actual casualty experience and the probability of total loss. From Actuarial Research Clearing House 1993, VOL. 3.