Results 21 to 30 of about 4,600 (197)

A new paradigm of governance for a carbon-pricing system [PDF]

open access: yes, 2016
Throughout its life, the United Nations has played a pioneering role in the world of ideas. COP21 – also known as Paris 2015 – shows the path for the United Nations to establish a new governance that will enforce the compliance of a new planetary carbon ...
Berezin, A.   +2 more
core   +1 more source

THE ADEQUACY OF THE RISK ASSESSMENT WHEN APPLYING BONUS-MALUS SYSTEM

open access: yesВісник Київського національного університету імені Тараса Шевченка. Серія Економіка, 2014
The adequacy of risk assessment within the application of the bonus – malus factor for compulsory insurance of civil liability of vehicle owners is investigated.
O. Masharo
doaj   +1 more source

Sistem Bonus Malus sebagai Model Rantai Markov

open access: yesKreano: Jurnal Matematika Kreatif-Inovatif, 2010
Sistem bonus-malus (BMS) yang dibangun mempunyai  tujuan untuk membuat premi yang dibayarkan oleh tertanggung sedekat mungkin dengan harapan terjadinya klaim setiap tahunnya.
- Supandi
doaj   +1 more source

Bonus-Malus Systems with Two Component Mixture Models Arising from Different Parametric Families [PDF]

open access: yes, 2018
Two component mixture distributions defined so that the component distributions do not necessarily arise from the same parametric family are employed for the construction of Optimal Bonus-malus Systems (BMS) with frequency and severity components.
Frangos, N, Tzougas, G, Vrontos, S
core   +1 more source

Discrete-Time Risk Models with Claim Correlated Premiums in a Markovian Environment

open access: yesRisks, 2021
In this paper we consider a discrete-time risk model, which allows the premium to be adjusted according to claims experience. This model is inspired by the well-known bonus-malus system in the non-life insurance industry.
Dhiti Osatakul, Xueyuan Wu
doaj   +1 more source

The Application of Bühlmann‑Straub Model with Data Correction for the Estimation of Net Premium Rates in Bonus‑Malus Systems of the Motor Third Liability Insurance

open access: yesActa Universitatis Lodziensis. Folia Oeconomica, 2018
One of the elements used in the process of tariff calculation of premiums in motor liability insurance is a bonus‑malus system. This systems takes into account the “claims ratio” by means of increases and discounts of the base premium called net premium ...
Anna Edyta Szymańska
doaj   +1 more source

Double-counting problem of the bonus–malus system [PDF]

open access: yesInsurance: 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
openaire   +3 more sources

Pricing automobile insurance using mixed Poisson distributions [PDF]

open access: yesIndustrija, 2018
Automobile insurance, particularly motor third liability insurance covers dominant share in the portfolio of non-life insurance in almost all countries of the world.
Simeunović Ivana   +2 more
doaj  

Multivariate Credibility in Bonus-Malus Systems Distinguishing between Different Types of Claims

open access: yesRisks, 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   +1 more
doaj   +1 more source

EM Estimation for the Poisson-Inverse Gamma Regression Model with Varying Dispersion: An Application to Insurance Ratemaking

open access: yesRisks, 2020
This article presents the Poisson-Inverse Gamma regression model with varying dispersion for approximating heavy-tailed and overdispersed claim counts. Our main contribution is that we develop an Expectation-Maximization (EM) type algorithm for maximum ...
George Tzougas
doaj   +1 more source

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