This study proposes an efficacious approach to analyze the over-dispersed insurance frequency data as it is imperative for the insurers to have decisive informative insights for precisely underwriting and pricing insurance products, retaining existing customer base and gaining an edge in the...

This study proposes a new discrete distribution in the mixed Poisson paradigm to obtain a distribution that provides a better fit to skewed and dispersed count observation with excess zero. The cubic transmutation map is used to extend the exponential distribution, and the obtained continuous...

This study introduces a new family of distributions (FoD) called type I heavy-tailed odd Burr III-G (TI-HT-OBIII-G) distribution. Several statistical properties of the family are derived along with actuarial risk measures. The maximum likelihood estimation (MLE) approach is adopted in the...