Revistas de investigación UNMSM

Application of a credit evaluation model in order to reduce the risk of the clients’ portfolio of insurance company

Authors

  • Eduardo Arce Chíncaro Pontificia Universidad Católica del Perú
  • Miguel Mejía Puente Pontificia Universidad Católica del Perú

DOI:

https://doi.org/10.15381/idata.v14i2.6224

Keywords:

insurance, credit risk, policy

Abstract

This research analyzes a company that belongs to the institutional life subsector of the insurance sector that wants to reduce its credit risks. To do this, the number of policies cancelled after their emission should be minimized. A credit evaluation model has been developed in order to describe and predict accurately the probability that an emission of a policy is profitable for the insurance company. A policy portfolio valued in US$ 10 million with 68,2% of policies retention was used. Using the model an increase of 4,7% in the portfolio value and an increase of 2,9% in the policy retention were gained.

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Author Biographies

  • Eduardo Arce Chíncaro, Pontificia Universidad Católica del Perú

    Ingeniero Industrial - PUCP.

  • Miguel Mejía Puente, Pontificia Universidad Católica del Perú

    Doctor en Ingeniería Industrial - UNMSM. Profesor del Departamento de Ingeniería -PUCP.

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Published

2011-12-30

Issue

Vol. 14 No. 2 (2011)

Section

Producción y Gestión

License

Copyright (c) 2011 Eduardo Arce Chíncaro, Miguel Mejía Puente

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

AUTHORS RETAIN THEIR RIGHTS:

a. Authors retain their trade mark rights and patent, and also on any process or procedure described in the article.

b. Authors retain their right to share, copy, distribute, perform and publicly communicate their article (eg, to place their article in an institutional repository or publish it in a book), with an acknowledgment of its initial publication in the INDUSTRIAL DATA.

c. Authors retain theirs right to make a subsequent publication of their work, to use the article or any part thereof (eg a compilation of his papers, lecture notes, thesis, or a book), always indicating the source of publication (the originator of the work, journal, volume, number and date).

How to Cite

Application of a credit evaluation model in order to reduce the risk of the clients’ portfolio of insurance company. (2011). Industrial Data, 14(2), 059-066. https://doi.org/10.15381/idata.v14i2.6224