Results 11 to 20 of about 291 (159)
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
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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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Measuring sensitivity in a bonus–malus system [PDF]
Insurance: Mathematics and Economics, 2002 113
Gómez, E. +3 more
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ON THE AGGREGATION OF EXPERTS' INFORMATION IN BONUS–MALUS SYSTEMS [PDF]
ASTIN Bulletin, 2017 AbstractIn this paper, we propose a new family of premium calculation principles based on the use of prior information from different sources. Under this framework and based on the use of Ordered Weighted Averaging operators, we provide alternative collective and Bayes premiums and describe some approaches to efficiently compute them.
Blanco, Víctor +1 more
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Allowance for the Age of Claims in Bonus-Malus Systems [PDF]
ASTIN Bulletin, 2001 AbstractThe purpose of the paper is to use the age of claims in the prediction of risks. A dynamic random effects model on longitudinal count data is presented, and estimated on the portfolio of a major Spanish insurance company. The estimated autocorrelation coefficients of stationary random effects are decreasing. A consequence is that the predictive
Pinquet, Jean +2 more
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The Development of an Optimal Bonus-Malus System in a Competitive Market [PDF]
ASTIN Bulletin, 2002 AbstractBMS in force show a progressive reduction of the observed average premium, which causes a financial imbalance in the system (see Lemaire (1995)). As a onsequence, frequent premium adjustments become necessary and result in discrepancy between the reduction defined in the policy contract and the ffective discount applied to the driver.
BAIONE F +2 more
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Multiple Bonus–Malus Scale Models for Insureds of Different Sizes
Risks, 2022 How to consider the a priori risks in experience-rating models has been questioned in the actuarial community for a long time. Classic past-claim-rating models, such as the Buhlmann–Straub credibility model, normalize the past experience of each insured ...
Jean-Philippe Boucher
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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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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
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