Insolvency prediction model using artificial neural network for Malaysian general insurers

Ng Shu Chiet, Saiful Hafizah Jaaman @ Sharman, Noriszura Ismail, Siti Mariyam Shamsuddin

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Citations (Scopus)

Abstract

Insolvency of insurance companies has been a concern to the community due to the need to protect the general public from the aftermath of insurer insolvency and to try to minimize the costs associated to this difficulty such as the insurance guaranty funds. The artificial neural network is utilized in this study to create an insolvency predictive model that could predict any future failure of general insurance company in Malaysia. The neural networks results show high predictability, suggesting the usefulness of this method for predicting future insurer insolvency in Malaysia.

Original languageEnglish
Title of host publication2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Proceedings
Pages584-589
Number of pages6
DOIs
Publication statusPublished - 2009
Event2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Coimbatore
Duration: 9 Dec 200911 Dec 2009

Other

Other2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009
CityCoimbatore
Period9/12/0911/12/09

Fingerprint

Insurance
Neural networks
Industry
Costs

Keywords

  • Artificial neural networks
  • Component
  • Corporate failure
  • General insurance
  • Insolvency

ASJC Scopus subject areas

  • Artificial Intelligence
  • Computer Science Applications
  • Software

Cite this

Chiet, N. S., Jaaman @ Sharman, S. H., Ismail, N., & Shamsuddin, S. M. (2009). Insolvency prediction model using artificial neural network for Malaysian general insurers. In 2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Proceedings (pp. 584-589). [5393413] https://doi.org/10.1109/NABIC.2009.5393413

Insolvency prediction model using artificial neural network for Malaysian general insurers. / Chiet, Ng Shu; Jaaman @ Sharman, Saiful Hafizah; Ismail, Noriszura; Shamsuddin, Siti Mariyam.

2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Proceedings. 2009. p. 584-589 5393413.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Chiet, NS, Jaaman @ Sharman, SH, Ismail, N & Shamsuddin, SM 2009, Insolvency prediction model using artificial neural network for Malaysian general insurers. in 2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Proceedings., 5393413, pp. 584-589, 2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009, Coimbatore, 9/12/09. https://doi.org/10.1109/NABIC.2009.5393413
Chiet NS, Jaaman @ Sharman SH, Ismail N, Shamsuddin SM. Insolvency prediction model using artificial neural network for Malaysian general insurers. In 2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Proceedings. 2009. p. 584-589. 5393413 https://doi.org/10.1109/NABIC.2009.5393413
Chiet, Ng Shu ; Jaaman @ Sharman, Saiful Hafizah ; Ismail, Noriszura ; Shamsuddin, Siti Mariyam. / Insolvency prediction model using artificial neural network for Malaysian general insurers. 2009 World Congress on Nature and Biologically Inspired Computing, NABIC 2009 - Proceedings. 2009. pp. 584-589
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