The Application of Interval Models Technique to the Safety Insurance Planning. F. M. Akhmedjanov, and I. Ya. Zinnatullin, Ufa State Aviation Technical University
Safety insurance in relation to probable industrial accidents becomes today a very effective economic mechanism which allows to regulate summarized risk level for any region. This fact is not caused only by the accumulated funds for the damage compensation. The insurance companies’ investments into the provision of hazardous objects normal functioning are able to influence both the probabilities of emergencies to be expected and the scale of correspondent consequences.
At the same time each insurance company has a desire to realize a balance between the risk index value (the index mentioned can be computed as the expectation of consequences measure) and the profit amount. So a necessity appears to organize the insurance activity planning with respect to interconnections of the risk levels, the required investments and the profit acceptable limitations.
The authors’ proposal concerns the constructing of generic model which gives a possibility to formulate the problem of insurance premiums optimization.
The specific totality of inequalities reflecting the limitations for insurance characteristics values has been formed. Because of the fact that some parameters of the model remain uncertain it is proposed to apply here interval calculation technique in order to operate with the bounds of the intervals where the uncertain variables are changing.
The report will outline the experience in the field of safety insurance planning in the Republic of Bashkortostan (Russian Federation).
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