Hybrid grey model for Taiwan electronic product forecasting

2013 ◽  
pp. 313-316
Author(s):  
Hsien-Lun Wong ◽  
Wei-Hung Tang
2019 ◽  
Vol 10 (9) ◽  
pp. 852-860
Author(s):  
Mahmoud Elsayed ◽  
◽  
Amr Soliman ◽  

Grey system theory is a mathematical technique used to predict data with known and unknown characteristics. The aim of our research is to forecast the future amount of technical reserves (outstanding claims reserve, loss ratio fluctuations reserve and unearned premiums reserve) up to 2029/2030. This study applies the Grey Model GM(1,1) using data obtained from the Egyptian Financial Supervisory Authority (EFSA) over the period from 2005/2006 to 2015/2016 for non-life Egyptian insurance market. We found that the predicted amounts of outstanding claims reserve and loss ratio fluctuations reserve are highly significant than the unearned premiums reserve according to the value of Posterior Error Ratio (PER).


2011 ◽  
Vol 24 (12) ◽  
pp. 1126-1131 ◽  
Author(s):  
Haihong Huang ◽  
Renzeng Yang ◽  
Haixin Wang

Author(s):  
Wei Zhao ◽  
Zhizhong Li ◽  
Jiheng Xu ◽  
Haitao Zhang ◽  
Yuan Yuan

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