Results 21 to 30 of about 5,219 (196)

A financially Balanced Bonus/Malus System [PDF]

open access: yesASTIN 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
openaire   +1 more source

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.
openaire   +2 more sources

THE ADEQUACY OF THE RISK ASSESSMENT WHEN APPLYING BONUS-MALUS SYSTEM

open access: yesВісник 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
doaj   +1 more source

A study on how efficient measures for secondary district heating system performance can be encouraged by motivational tariffs

open access: yesEnergy, Sustainability and Society, 2023
Background District Heating (DH) is a technology that provides heating and domestic hot water to buildings and is an important technology for supporting the European energy transition.
Kristina Lygnerud   +6 more
doaj   +1 more source

The Application of Bühlmann‑Straub Model with Data Correction for the Estimation of Net Premium Rates in Bonus‑Malus Systems of the Motor Third Liability Insurance

open access: yesActa Universitatis Lodziensis. Folia Oeconomica, 2018
One of the elements used in the process of tariff calculation of premiums in motor liability insurance is a bonus‑malus system. This systems takes into account the “claims ratio” by means of increases and discounts of the base premium called net premium ...
Anna Edyta Szymańska
doaj   +1 more source

A new paradigm of governance for a carbon-pricing system [PDF]

open access: yes, 2016
Throughout its life, the United Nations has played a pioneering role in the world of ideas. COP21 – also known as Paris 2015 – shows the path for the United Nations to establish a new governance that will enforce the compliance of a new planetary carbon ...
Berezin, A.   +2 more
core   +1 more source

Ruin probabilities with dependence on the number of claims within a fixed time window [PDF]

open access: yes, 2016
We analyse the ruin probabilities for a renewal insurance risk process with inter-arrival time distributions depending on the claims that arrived within a fixed (past) time window. This dependence could be explained through a regenerative structure.
Constantinescu, Corina   +3 more
core   +3 more sources

Pricing automobile insurance using mixed Poisson distributions [PDF]

open access: yesIndustrija, 2018
Automobile insurance, particularly motor third liability insurance covers dominant share in the portfolio of non-life insurance in almost all countries of the world.
Simeunović Ivana   +2 more
doaj  

Modeling and Performance of Bonus-Malus Systems: Stationarity versus Age-Correction

open access: yesRisks, 2014
In a bonus-malus system in car insurance, the bonus class of a customer is updated from one year to the next as a function of the current class and the number of claims in the year (assumed Poisson).
Søren Asmussen
doaj   +1 more source

The Insurance Market in Romania Motor Thrid Party Liability Insurance: Communication on Developments, Risks, Challenges and Perspectives [PDF]

open access: yesRevista de Studii Financiare
The risks faced by the Romanian insurance market are significant and come from both the difficult global context and the internal dynamics. Paradoxically, however, the underdevelopment of the market, especially in the life insurance sector, and the ...
Cecilia Ciocîrlan   +2 more
doaj   +1 more source

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