Optimal retention point estimation in high cost diseases reinsurance

In this Master’s degree project, is develops the actuarial valuation methodology of Stop-Loss reinsurance, in order to provide a solution to the problem of calculating the optimal retention point and reinsurance premium, which must have the prepaid medicine companies to cover those high cost procedures that affect their financial health. It should be noted that, for the application of this methodology, we only use the adjustment of the number and claims size, in consequence, no considerations are made about the solvency or probability of ruin of the health-services provider companies. Despite that reinsurance in prepaid medicine is contemplated in Law 100/93, there are relatively few studies that have been carried out on this subject, and even fewer, the studies carried out from the statistical point of view. For this reason, we implement the methodology Single Loss Approximation (SLA) to estimate the optimal retention point and reinsurance premium, for different levels of relative safety factor, seeking to incorporate recent developments and some alternatives in the adjustment processes.

• Autores: Pérez García, Jorge Iván
• Fecha de publicación: 2019
• Institución: Universidad Nacional de Colombia
• Repositorio: Universidad Nacional de Colombia
• Idioma: spa
• OAI Identifier: oai:repositorio.unal.edu.co:unal/76641
• Acceso en línea: https://repositorio.unal.edu.co/handle/unal/76641; http://bdigital.unal.edu.co/73248/
• Palabra clave: Heavy Tail Distributions; Poisson Mixtures; Spliced Distributions; GAMLSS Distributions; High Cost Diseases; Prepaid Medicine; Stop-Loss Reinsurance; Extreme Values; Optimal Retention Point; Distribuciones de Cola Pesada; Mezclas Poisson; Distribuciones Spliced; Distribuciones GAMLSS; Enfermedades de Alto Costo; Medicina Prepagada; Reaseguro de Excedente de Pérdida; Punto de Retención Óptimo
• Rights: openAccess
• License: Atribución-NoComercial 4.0 Internacional