Results 1 to 10 of about 354 (179)
Performance Pay in Hospitals: An Experiment on Bonus–Malus Incentives [PDF]
International Journal of Environmental Research and Public Health, 2020 Recent policy reforms in Germany require the introduction of a performance pay component with bonus–malus incentives in the inpatient care sector. We conduct a controlled online experiment with real hospital physicians from public hospitals and medical students in Germany, in which we investigate the effects of introducing a performance pay component ...
Nadja Kairies-Schwarz
exaly +8 more sources
Bonus-Malus Systems With Varying Deductibles [PDF]
ASTIN Bulletin, 2005 Bonus-malus systems typically lead to high maluses when claims at fault are reported. Such penalties are often difficult to implement in practice. It is shown in this paper that this drawback may be avoided by combining a posteriori premium corrections with a deductible varying according to the level occupied in the scale.
Michel Denuit, Jean-François Walhin
exaly +6 more sources
The Practical Replacement of a Bonus-Malus System [PDF]
ASTIN Bulletin, 2001 AbstractIn this paper we will show how to set up a practical bonus-malus system with a finite number of classes. We will use the actual claim amount and claims frequency distributions in order to predict the future observed claims frequency when the new bonus-malus system will be in use. The future observed claims frequency is used to set up an optimal
Walhin, Jean-François, Paris, José
exaly +4 more sources
IMPROVING GLOBAL ELASTICITY OF BONUS-MALUS SYSTEM [PDF]
Quantitative Methods in Economics, 2017 We optimize transition rules of bonus-malus system to achieve possibly best premium elasticity as defined by Loimaranta [1972] and later generalized as global elasticity by De Pril [1978]. We use premium scale given by Norberg [1976]. This issue constitutes a nonlinear nonconvex discrete optimization problem.
Marcin Topolewski, Michał Bernardelli
doaj +2 more sources
Optimal Claiming Strategies in Bonus Malus Systems and Implied Markov Chains
Risks, 2017 In this paper, we investigate the impact of the accident reporting strategy of drivers, within a Bonus-Malus system. We exhibit the induced modification of the corresponding class level transition matrix and derive the optimal reporting strategy for ...
Arthur Charpentier
exaly +3 more sources
Multivariate Credibility in Bonus-Malus Systems Distinguishing Between Different Types of Claims
Risks, 2018 In the classical bonus-malus system the premium assigned to each policyholder is based only on the number of claims made without having into account the claims size. Thus, a policyholder who has declared a claim that results in a relatively small loss is
Enrique Calderin, Emilio Gómez-Déniz
exaly +3 more sources
AUTOMOBILE BONUS-MALUS SYSTEM MODELLING USING MACHINE LEARNING ALGORITHMS [PDF]
ICTACT Journal on Soft Computing, 2023 Third-party liability is the most important sub-category in automobile insurance, that is why actuaries seek always to design the ideal price list by classifying the insureds into homogeneous classes.
Kouach Yassine +2 more
doaj +1 more source
Developments in the Built Environment, 2023 In order to exploit the existing GHG emissions reduction potential of a building in the early design phase, approaches and incentives are needed to promote sustainable procurement already in the tendering and awarding phase.
Marco Scherz +2 more
doaj +1 more source
Measuring sensitivity in a bonus–malus system [PDF]
Insurance: Mathematics and Economics, 2002 113
Gómez, E. +3 more
openaire +2 more sources
Bonus-Malus Premiums Based on Claim Frequency and the Size of Claims
Risks, 2022 The bonus-malus system (BMS) is one of the most widely used tools in merit-rating automobile insurance, with the primary goal of ensuring that fair premiums are paid by all policyholders. The traditional BMS is dependent only on the claim frequency. Thus,
Adisak Moumeesri, Tippatai Pongsart
doaj +1 more source