Results 121 to 130 of about 291 (159)

Bonus-Malus Systems With Varying Deductibles [PDF]

open access: yesASTIN 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.
Michel Denuit, Jean-François Walhin
exaly   +5 more sources

The Practical Replacement of a Bonus-Malus System [PDF]

open access: yesASTIN 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.
exaly   +3 more sources
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A Bonus—Malus System in Automobile Insurance

Insurance: Mathematics and Economics, 1988
Abstract The Storebrand Insurance Company has introduced a new bonus—malus system for automobile insurance (passenger cars) into the Norwegian market. The new system differs from traditional bonus—malus systems mainly due to the fact that bonus reduction after a claim is expressed by a fixed monetary amount.
exaly   +2 more sources

Optimization of Bonus-Malus Systems

2022
Bonus-Malus System (BMS) is a risk managing method mostly used in liability insurances. The most general application of the BMS is in the Motor third-party liability insurance. In a BMS, there are finitely many classes, each having a different premium. At the start of the contract, each policyholder is assigned to the "initial class".
openaire   +2 more sources

Bonus-Malus-System

kma - Klinik Management aktuell, 2009
Gute Kliniken erhalten einen Bonus, nicht so gute einen Abschlag auf die Vergütung, und unterm Strich kostet es das System nicht mehr als bisher: Eine Projektgruppe unter Federführung der Barmer und verschiedener Kliniken hat ein pragmatisches Verfahren entwickelt, das den Erfolg bei der Rehabilitation von Schlaganfallpatienten messbar und eine ...
openaire   +1 more source

A Comparison of Several Bonus Malus Systems

open access: yesProcedia 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
exaly   +2 more sources

Optimal Relativities and Transition Rules of a Bonus–Malus System [PDF]

open access: yesInsurance: Mathematics and Economics, 2015
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jackie Li, Chong It Tan
exaly   +4 more sources

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