Add to ORKGIn this paper, the classical Bonus-Malus Systems (BMS) under which a premium is set by taking into account only the number of accidents each policyholder has, is compared with an optimal BMS under which the premium is set by taking into account both the frequency and the severity of the claims of each policyholder. The number and size of the claims an insured person has are assumed to follow a Geometric distribution and a Pareto distribution, respectively
Two component mixture distributions defined so that the component distributions do not necessarily a...
Two component mixture distributions defined so that the component distributions do not necessarily a...
This chapter presents the design of an optimal Bonus-Malus System (BMS) using the Sichel distributio...
The majority of optimal Bonus-Malus Systems (BMS) presented up to now in the actuarial literature as...
The bonus malus system is one of the systems used to determine the premium amount for the next perio...
Frangos and Vrontos (2001) proposed an optimal bonus-malus systems with a frequency and a severity c...
In this paper we will show how to set up a practical bonus-malus system with a finite number of clas...
This work deals with bonus - malus systems for automobile insurance that distinguishtypes of claim. ...
Bonus-malus systems are used globally to determine insurance premiums of motor liability policy-hold...
Title: Modelling Bonus - Malus Systems Author: Marika Stroukalová Department: Department of Probabil...
The objective of this paper is to make allowance for cost of claims in experience ra-ting. We design...
Bonus-malus systems typically lead to high maluses when claims at fault are reported. Such penalties...
Accurately modeling claims data and determining appropriate insurance premiums are vital responsibil...
The paper analyses the questions: Should – or should not – an individual buy insurance? And if so, w...
International audienceThis paper provides bonus-malus systems which rest on different types of claim...
Two component mixture distributions defined so that the component distributions do not necessarily a...
Two component mixture distributions defined so that the component distributions do not necessarily a...
This chapter presents the design of an optimal Bonus-Malus System (BMS) using the Sichel distributio...
The majority of optimal Bonus-Malus Systems (BMS) presented up to now in the actuarial literature as...
The bonus malus system is one of the systems used to determine the premium amount for the next perio...
Frangos and Vrontos (2001) proposed an optimal bonus-malus systems with a frequency and a severity c...
In this paper we will show how to set up a practical bonus-malus system with a finite number of clas...
This work deals with bonus - malus systems for automobile insurance that distinguishtypes of claim. ...
Bonus-malus systems are used globally to determine insurance premiums of motor liability policy-hold...
Title: Modelling Bonus - Malus Systems Author: Marika Stroukalová Department: Department of Probabil...
The objective of this paper is to make allowance for cost of claims in experience ra-ting. We design...
Bonus-malus systems typically lead to high maluses when claims at fault are reported. Such penalties...
Accurately modeling claims data and determining appropriate insurance premiums are vital responsibil...
The paper analyses the questions: Should – or should not – an individual buy insurance? And if so, w...
International audienceThis paper provides bonus-malus systems which rest on different types of claim...
Two component mixture distributions defined so that the component distributions do not necessarily a...
Two component mixture distributions defined so that the component distributions do not necessarily a...
This chapter presents the design of an optimal Bonus-Malus System (BMS) using the Sichel distributio...