Results 1 to 10 of about 17,226,922 (183)
A Comparison of Several Bonus Malus Systems [PDF]
Procedia Economics and Finance, 2015 AbstractThe paper deals with the automobile third party liability insurance and several bonus malus system are compared in it on the basis of Loimaranta efficiency. Very important task for actuary is creating rating system that will fairly distributed the burden of claims among policyholders. For these purposes, most insurance companies use generalized
Kafkova, Silvie
exaly +3 more sources
MODELING OF BONUS-MALUS SYSTEM WITH FREQUENCY AND SEVERITY COMPONENTS.
Ìнформаційні технології в освіті, 2010 Bonus-Malus systems are widely used all over Europe and Asia. Each client of insurance company is determined to same class. According to this, insurance premium is defined.
O. Klesov
doaj +3 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 +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
Emilio Gómez-Déniz +1 more
doaj +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
Pablo J. Villacorta +2 more
doaj +3 more sources
Bonus–malus systems with different claim types and varying deductibles [PDF]
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
doaj +4 more sources
Optimal relativities and transition rules of a bonus–malus system [PDF]
Insurance: Mathematics and Economics, 2015 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jackie Li, Chong It Tan
exaly +4 more sources
Evaluating the influential priority of the factors on insurance loss of public transit. [PDF]
PLoS ONE, 2018 Understanding correlation between influential factors and insurance losses is beneficial for insurers to accurately price and modify the bonus-malus system. Although there have been a certain number of achievements in insurance losses and claims modeling,
Wenhui Zhang +3 more
doaj +2 more sources
Performance Pay in Hospitals: An Experiment on Bonus-Malus Incentives. [PDF]
Int J Environ Res Public Health, 2020 Kairies-Schwarz N, Souček C.
europepmc +2 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