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
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Double-counting problem of the bonus–malus system [PDF]
Insurance: Mathematics and Economics, 2020 The bonus-malus system (BMS) is a widely used premium adjustment mechanism based on policyholder's claim history. Most auto insurance BMSs assume that policyholders in the same bonus-malus (BM) level share the same a posteriori risk adjustment. This system reflects the policyholder's claim history in a relatively simple manner.
Rosy Oh +3 more
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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.
Pitrebois, Sandra +2 more
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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, J. F., Paris, J.
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ON THE AGGREGATION OF EXPERTS' INFORMATION IN BONUS–MALUS SYSTEMS [PDF]
ASTIN Bulletin, 2017 AbstractIn this paper, we propose a new family of premium calculation principles based on the use of prior information from different sources. Under this framework and based on the use of Ordered Weighted Averaging operators, we provide alternative collective and Bayes premiums and describe some approaches to efficiently compute them.
Blanco, Víctor +1 more
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PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET [PDF]
Trakia Journal of Sciences, 2019 The aim of the report is to examine the current and important for the society issues concerning one of the most widespread insurance products - Motor Third Party Liability Insurance. The report examines the use of Motor Third Party Liability insurance on
T. Andreeva
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Bonus–malus systems with different claim types and varying deductibles
Modern Stochastics: Theory and Applications, 2017 The paper deals with bonus–malus systems with different claim types and varying deductibles. The premium relativities are softened for the policyholders who are in the malus zone and these policyholders are subject to per claim deductibles depending on ...
Olena Ragulina
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Asymmetric information, self-selection and pricing of insurance contracts: the simple no-claims case [PDF]
, 2014 This article presents an optional bonus-malus contract based on a priori risk classification of the underlying insurance contract. By inducing self-selection, the purchase of the bonus-malus contract can be used as a screening device.
Tanggaard, Carsten +7 more
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Generalized bonus-malus systems with a frequency and a severity component on an individual basis in automobile insurance [PDF]
Mahmoudvand , R., Hassani, Hossein
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Legitimacy of Group-Specific Support for College Access – Results of an Experimental Vignette Study
Swiss Journal of Sociology, 2022 In an experimental vignette study, the respondents were asked to decide whether college applicants should be credited with a bonus or malus on the admission grade, for example due to their migration background, social origin, or effort.
Hillmert Steffen +4 more
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