Results 11 to 20 of about 5,158 (183)
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
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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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Measuring sensitivity in a bonus–malus system [PDF]
Insurance: Mathematics and Economics, 2002 113
Gómez, E. +3 more
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Systematic review of the impact of restrictive wildlife trade measures on conservation of iconic species in southern Africa. [PDF]
Conserv BiolAbstract Trade restrictions are often advocated and implemented as measures to protect wild species threatened by overexploitation. However, in some instances, their efficacy has been questioned, notably by governments in the southern African (SADC) region, which tend to favor a sustainable use approach to wildlife management. We conducted a systematic
Hiller C, 't Sas-Rolfes M.
europepmc +2 more sources
OPTIMAL BONUS-MALUS SYSTEMS USING FINITE MIXTURE MODELS [PDF]
ASTIN Bulletin, 2014 AbstractThis paper presents the design of optimal Bonus-Malus Systems using finite mixture models, extending the work of Lemaire (1995; Lemaire, J. (1995) Bonus-Malus Systems in Automobile Insurance. Norwell, MA: Kluwer) and Frangos and Vrontos (2001; Frangos, N. and Vrontos, S.
Tzougas, George +2 more
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Asymmetric information, self-selection and pricing of insurance contracts: the simple no-claims case [PDF]
, 2013 This paper presents an optional bonus-malus contract based on a pri-ori 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.
Donnelly, Catherine +3 more
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A financially Balanced Bonus/Malus System [PDF]
ASTIN Bulletin, 1996 AbstractThe premiums for a bonus-malus system which stays in financial equilibrium over the years are calculated. This is done by minimizing a quadratic function of the difference between the premium for an optimal BMS with an infinite number of classes and the premium for a BMS with a finite number of classes, weighted by the stationary probability of
Geert Coene, Louis G. Doray
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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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THE ADEQUACY OF THE RISK ASSESSMENT WHEN APPLYING BONUS-MALUS SYSTEM
Вісник 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
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