Results 1 to 10 of about 332 (159)
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 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
exaly +3 more sources
Fuzzy Markovian Bonus-Malus Systems in Non-Life Insurance
Mathematics, 2021 Markov chains (MCs) are widely used to model a great deal of financial and actuarial problems. Likewise, they are also used in many other fields ranging from economics, management, agricultural sciences, engineering or informatics to medicine. This paper
Jorge de Andrés-Sánchez +1 more
exaly +3 more sources
Multiple Bonus–Malus Scale Models for Insureds of Different Sizes
Risks, 2022 How to consider the a priori risks in experience-rating models has been questioned in the actuarial community for a long time. Classic past-claim-rating models, such as the Buhlmann–Straub credibility model, normalize the past experience of each insured ...
Jean-Philippe Boucher
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
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
A Survey of the Individual Claim Size and Other Risk Factors Using Credibility Bonus-Malus Premiums
Risks, 2020 In this paper, a flexible count regression model based on a bivariate compound Poisson distribution is introduced in order to distinguish between different types of claims according to the claim size. Furthermore, it allows us to analyse the factors that
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