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
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Ruin Probabilities with Dependence on the Number of Claims within a Fixed Time Window [PDF]
Risks, 2016 We analyse the ruin probabilities for a renewal insurance risk process with inter-arrival times depending on the claims that arrive within a fixed (past) time window. This dependence could be explained through a regenerative structure.
Corina Constantinescu +3 more
doaj +5 more sources
OPTIMAL BONUS-MALUS SYSTEMS USING FINITE MIXTURE MODELS [PDF]
ASTIN Bulletin, 2014 This paper presents the design of optimal Bonus-Malus Systems using finite mixture models, extending the work of Lemaire (1995; Lemaire, J. (1995) Bonus-Malus Systems in Automobile Insurance. Norwell, MA: Kluwer) and Frangos and Vrontos (2001; Frangos, N.
Boucher +8 more
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SEBARAN STASIONER PADA SISTEM BONUS-MALUS SWISS SERTA MODIFIKASINYA (Stationary Distribution of Swiss Bonus-Malus System and its Modification) [PDF]
Jurnal Informatika, 2002 Bonus-Malus System is a system in actuary that introduce the premium class (state) partition, where the state is influenced by the number of annual claims reported by the policy holder.
Cherry Galatia Ballangan, Hadi Sumarno
doaj +2 more sources
THE BONUS-MALUS SYSTEM MODELLING USING THE TRANSITION MATRIX [PDF]
Challenges of the Knowledge Society, 2012 The motor insurance is an important branch of non-life insurance in many countries; in some of them, coming first in total premium income category (in Romania, for example).
SANDRA TEODORESCU
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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
Emilio Gómez-Déniz, Enrique Calderin
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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
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Performance Pay in Hospitals: An Experiment on Bonus–Malus Incentives [PDF]
International Journal of Environmental Research and Public Health, 2020 Nadja Kairies-Schwarz
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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
Kondisi Steady State Sistem Bonus Malus Swiss dengan Frekuensi Klaim Binomial Negatif-Lindley
Jurnal Matematika, 2021 Abstrak. Sistem pembayaran premi asuransi kendaraan terdiri dari beberapa state. Pembagian state ini didasari oleh banyaknya pemegang polis yang mengajukan klaim setiap tahunnya.
Endang Wahyu H, Marji Marji
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