Results 151 to 160 of about 17,226,922 (183)

A ‘bonus/malus’ system with ‘conditioned’ bonus

Insurance: Mathematics and Economics, 1990
Abstract A modification to classic ‘bonus/malus’ system is proposed. Moving to a lower class is allowed only if a particular condition, related to claim frequency of every single class, is verified. The aim is to maintain financial balance and to maximize the efficiency of premium levels, according to the Buhlmann model results.
exaly   +2 more sources

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

The efficiency of the Swiss bonus-malus system

Insurance: Mathematics and Economics, 1995
The efficiency of the (new) Swiss bonus-malus system is analyzed according to three efficiency measures. In addition, the analytical form of the stationary distribution of the system, which is involved in two of the efficiency measures, is obtained as a ...
Dufresne, F.
core   +4 more sources

Introduction — Definition of a Bonus-Malus System

1995
Most developed countries use several classification variables to differentiate premiums among automobile third-party liability policyholders. Typical variables include age, sex, and occupation of the main driver, the town where he resides, and the type and use of his car.
openaire   +1 more source

Simulation of Automobile Insurance Bonus-Malus Systems

American Journal of Mathematical and Management Sciences, 1997
SYNOPTIC ABSTRACTTwo models of a portfolio of automobile insurance contracts are simulated. To analyze the most recent and previous bonus-malus systems (BMS) of Denmark, Germany, Italy, and Switzerland two models, a homogeneous and a heterogeneous, are used. The behavior of three indices of BMS over a course of 30 years is observed and compared for the
openaire   +1 more source

Efficiency Measures of a Bonus-Malus System

1985
Numerous bonus-malus systems exist all over the world, very different from each other, all of them far removed from the optimal bonus-malus system suggested in chapter 13. In order to compare these systems, we shall define two efficiency measures.
openaire   +1 more source

Construction of an Optimal Bonus-Malus System

1985
As is done everywhere in the world, we are going to build up a bonus-malus system exclusively based on the number of accidents reported to the company (and not on their amount). In line with this idea, the pure premium required from an insured can be equated with his claim frequency (by scaling so that the average cost of a claim is one monetary unit).
openaire   +1 more source

The biennial Bonus-Malus Systems

2008
Si propone di estendere il "periodo di osservazione" dal quale dipende l'evoluzione della posizione di un assicurato entro un sistema Bonus.-Malus da 1 a 2 anni. Il confronto tra tali sistemi biennali e quelli standard annuali era stato effettuato relativamente alla distribuzione asintotica.
openaire   +1 more source