Open AccessUsage of time series models in assessing the value of demand in the insurance market
Author(s) -
Nermin Fahmy,
Sharifah Alrajhi
Publication year - 2019
Publication title -
international journal of advanced statistics and probability
Language(s) - English
Resource type - Journals
ISSN - 2307-9045
DOI - 10.14419/ijasp.v7i1.28302
Subject(s) - reinsurance , actuarial science , investment (military) , time series , econometrics , value (mathematics) , series (stratigraphy) , economics , regression analysis , function (biology) , business , statistics , mathematics , paleontology , evolutionary biology , politics , political science , law , biology
Insurance can affect savings and investment as insurance and reinsurance companies are among the most important financial institutions in the country's economy. The researcher will analyze, based on the partial auto correlation function and experimenting with several models of auto regression and moving averages, and testing the most appropriate model to describe the quarterly data on the number of polices.