Reliability prediction using an unequal interval grey model

2010 Proceedings - Annual Reliability and Maintainability Symposium (RAMS) ◽

10.1109/rams.2010.5448063 ◽

2010 ◽

Cited By ~ 1

Author(s):

Yuhong Wang ◽

Edward A. Pohl ◽

Yaoguo Dang

Keyword(s):

Grey Model ◽

Reliability Prediction

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A ReliabA Reliability Prediction Method of Novel Grey Model and its Error Analysisility Prediction Method of Novel Grey Model and

International Journal of Performability Engineering ◽

10.23940/ijpe.19.09.p10.23732381 ◽

2019 ◽

Vol 15 (9) ◽

pp. 2373

Author(s):

Meng Wei ◽

Zeng Bo ◽

Li Shuliang ◽

Ali Shah Syed Ahsan

Keyword(s):

Prediction Method ◽

Grey Model ◽

Reliability Prediction

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Reliability Prediction Based on Field Failure Data of Guided Missile

Journal of Applied Reliability ◽

10.33162/jar.2018.09.18.3.250 ◽

2018 ◽

Vol 18 (3) ◽

pp. 250-259 ◽

Cited By ~ 1

Author(s):

Yangwoo Seo ◽

Kyeshin Lee ◽

Younho Lee ◽

Jeyong Kim

Keyword(s):

Reliability Prediction ◽

Failure Data ◽

Field Failure

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Prediction of Technical Reserves Based on Grey Model — GM(1,1): Evidence from Non-life Egyptian Insurance Market

Journal of Business and Economics ◽

10.15341/jbe(2155-7950)/09.10.2019/006 ◽

2019 ◽

Vol 10 (9) ◽

pp. 852-860

Author(s):

Mahmoud Elsayed ◽

◽

Amr Soliman ◽

Keyword(s):

System Theory ◽

Grey System Theory ◽

Insurance Market ◽

Grey Model ◽

Loss Ratio ◽

Grey System ◽

Mathematical Technique ◽

Supervisory Authority ◽

Error Ratio ◽

Using Data

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).

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