The joint modelling of mortality rates for multiple populations has gained increasing popularity in areas such as government planning and insurance pricing. Sub-groups of a population often preserve similar mortality features with short-term deviations from the common trend. Recent studies...

We propose a Bayesian model to quantify the uncertainty associated with the payments per claim incurred (PPCI) algorithm. Founded on the PPCI algorithm, two sub-models are proposed for the number of reported claims run-off triangle and the PPCI run-off triangle. Then the model for the claims...