Ozkok, Erengul; Streftaris, George; Waters, Howard R.; … - In: Insurance: Mathematics and Economics 50 (2012) 2, pp. 266-279
We discuss Bayesian modelling of the delay between dates of diagnosis and settlement of claims in Critical Illness Insurance using a Burr distribution. The data are supplied by the UK Continuous Mortality Investigation and relate to claims settled in the years 1999–2005. There are non-recorded...