Open Access

ARTICLE

Modelling Insurance Losses with a New Family of Heavy-Tailed Distributions

Muhammad Arif¹, Dost Muhammad Khan¹, Saima Khan Khosa², Muhammad Aamir¹, Adnan Aslam³, Zubair Ahmad⁴, Wei Gao^5,*

1 Department of Statistics, Abdul Wali Khan University, Mardan, 23200, Pakistan
2 Department of Statistics, Bahauddin Zakariya University, Multan, 60800, Pakistan
3 Department of Natural Sciences and Humanities, University of Engineering and Technology, Lahore, 54000, Pakistan
4 Department of Statistics, Yazd University, Yazd, 89175-741, Iran
5 School of Information Science and Technology, Yunnan Normal University, Kunming, 650500, China

* Corresponding Author: Wei Gao. Email: