Assessing the Performance of the Discrete Generalised Pareto Distribution in Modelling Non-Life Insurance Claims

Table 5

Parameter estimates from the negative binomial.

Variable	Estimator	2012	2013	2014	2015	2016
Reported claims		0.4915	0.6874	1.0370	0.8603	0.4518
	s.e	(0.1234)	(0.1661)	(0.2605)	(0.2121)	(0.1052)
		296.8624	542.4572	327.0975	396.9273	783.7698
	s.e	(84.7788)	(130.9043)	(64.3623)	(85.7927)	(233.2420)
Settled claims		0.4225	0.6735	1.1312	0.7453	0.7815
	s.e	(0.1063)	(0.1764)	(0.3002)	(0.1878)	(0.1912)
		88.3519	51.5716	60.2751	71.7227	81.8596
	s.e	(26.7214)	(12.4032)	(11.2194)	(16.3761)	(18.2495)