期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2013
卷号：13
期号：1
语种：English
出版社：Ovidius University Press
摘要：This paper intends to investigate determinants of demand for renewal or not renewal of CASCO insurance policies for a class of individuals. Using a logistic regression model,we estimated the probability a certain person will not buy a new voluntary insurance policy providing full protection against damages,with data from a non-life insurance from Romania. Also we analyzed the direction in which covariates like the age of the policy holder,the insured amount,gender,auto use age,engine capacity influence the probability of not renewing a CASCO insurance. Due to data availability and confidentiality specified by law,we analyzed separately the dependency between the amount of compensations and the gross written premiums and the number of claims.
