Survival Analysis in Estimation of Attrition Rates among Policyholders in Jubilee and UAP Insurance Companies

Authors

  • Jeffar J. Oburu
  • Richard Simwa
  • N.B Okelo

DOI:

https://doi.org/10.65000/aweg1c14

Keywords:

Survival analysis; Attrition; Policy; Insurance

Abstract

The present work has used survival models to estimate attrition rates, probabilities, and predictions as well as identify which covariates influence attrition. The study adopts a retrospective explanatory research design. A sample of 149 in-force policies within 1st January 2018 to 30th June 2019 have been used in the analysis. Kaplan Meir curves have been used to show the distribution of survival/retention times. 

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Published

13-06-2020

Issue

Vol. 3 No. 5 & 6 (2020)

Section

Articles

License

Copyright (c) 2020 Jeffar J. Oburu, Richard Simwa, N.B Okelo

Creative Commons License

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

How to Cite

Oburu, J. J., Simwa, R., & Okelo, N. (2020). Survival Analysis in Estimation of Attrition Rates among Policyholders in Jubilee and UAP Insurance Companies. International Journal of Modern Computation, Information and Communication Technology, 3(5 & 6), 48-55. https://doi.org/10.65000/aweg1c14