Results 31 to 40 of about 17,226,922 (183)
Allowance for Cost of Claims in Bonus-Malus Systems [PDF]
ASTIN Bulletin, 1997 AbstractThe objective of this paper is to make allowance for cost of claims in experience rating. We design here a bonus-malus system for the pure premium of insurance contracts, from a rating based on their individual characteristics. Empirical results are presented, that are drawn from a French data base of automobile insurance contracts.
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Pricing automobile insurance using mixed Poisson distributions [PDF]
Industrija, 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
Energy, 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
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Modeling and Performance of Bonus-Malus Systems: Stationarity versus Age-Correction
Risks, 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
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Optimization of transition rules in a Bonus-Malus system
Electronic Notes in Discrete Mathematics, 2018 Abstract Bonus-Malus systems are widely used in the insurance business. For the operation of such systems transition rules and premium scales need to established. Optimization of these systems usually means the calculation of appropriate premium scales while treating transition rules external parameters.
Márton Gyetvai, Kolos Csaba Ágoston
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Optimal Claiming Strategies in Bonus Malus Systems and Implied Markov Chains
Risks, 2017 In this paper, we investigate the impact of the accident reporting strategy of drivers, within a Bonus-Malus system. We exhibit the induced modification of the corresponding class level transition matrix and derive the optimal reporting strategy for ...
Arthur Charpentier +2 more
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Bonus-Malus Systems: “Lack of Transparency” and Adequacy Measure [PDF]
ASTIN Bulletin, 2002 AbstractBased on a recent contribution by Baione and others in this Journal, some consequences of the decrease of the mean merit coefficient for portfolios of Bonus-Malus policies, and some alternative ways to measure the “quality” of a Bonus-Malus system are discussed.
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The Optimal Bonus-Malus System: Case of The Democratic Republic of Congo
InPrimeAutomobile insurance is required in most African nations, and it is the most significant branch in the Democratic Republic of the Congo (DRC); if the automobile branches are poorly managed, this could even result in the insurance company's insolvency.
Crispin Bukanga Maheshe +1 more
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BarekengMotor vehicle usage in Indonesia ranks among the highest globally, reaching approximately 141,992,573 units. The growing variety and number of automobiles contribute significantly to traffic congestion and heightened risks to public safety.
Seftina Diyah Miasary +2 more
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The Insurance Market in Romania Motor Thrid Party Liability Insurance: Communication on Developments, Risks, Challenges and Perspectives [PDF]
Revista de Studii FinanciareThe 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
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