Research Article
Extension and Application of Credibility Models in Predicting Claim Frequency
| Model comparison | AIC | BIC | Predicted mean squared error (PMSE) |
| Extended credibility model in Poisson distribution | 1948 | 1961 | 0.0253 | Extended credibility model in negative binomial distribution | 1948 | 1961 | 0.0351 | Linear mixed model (Fress, 1998) | 2490 | 2504 | 0.0316 | Finite mixture models in Poisson distribution [5] | 1967 | 1984 | 0.0265 | Finite mixture models in negative binominal distribution [5] | 1967 | 1955 | 0.0331 |
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