Ruin Probability Analysis in Automobile Insurance Using Gamma-Cubic Transmuted Exponential Distribution for Claim Severity
Insurance companies must confront and manage financial risks to ensure their survival. This article analyzes and manages risks by estimating ruin probability using the newly developed Gamma-Cubic Transmuted Exponential (GCTE) claim severity distribution. The GCTE distribution is obtained by mixing d...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Ram Arti Publishers
2025-04-01
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| Series: | International Journal of Mathematical, Engineering and Management Sciences |
| Subjects: | |
| Online Access: | https://www.ijmems.in/cms/storage/app/public/uploads/volumes/24-IJMEMS-24-0642-10-2-486-505-2025.pdf |
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