Bonus-malus Systems with Varying Deductibles [PDF]
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
openaire +2 more sources
Measuring sensitivity in a bonus–malus system [PDF]
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Gómez, E. +3 more
openaire +2 more sources
Double-counting problem of the bonus–malus system [PDF]
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
openaire +3 more sources
Asymmetric information, self-selection and pricing of insurance contracts: the simple no-claims case [PDF]
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
core +2 more sources
A Usage of McCall's Software Quality Analysis on the Bonus System of PT Surya Pratama Alam
This research is to analyse the software quality of the Bonus System of PT Surya Pratama Alam Yogyakarta. The goal of this study is to determine the level of users’ satisfaction in the use of the system. Method of analysis used is McCall method which
Maria Ulfah Siregar, Ahmad Hasan Arif
doaj +1 more source
Comparison of tax bonus as a tool of tax benefit for taxpayers in V4 countries and Austria [PDF]
Research background: Tax legislation provides taxpayers some advantages which enable them to reduce their tax base in the tax statement. The amount of the tax advantage varies depending on the state and also the tax policy of the country.
Stanley Renata, Kubascikova Zuzana
doaj +1 more source
OPTIMAL BONUS-MALUS SYSTEMS USING FINITE MIXTURE MODELS [PDF]
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
openaire +4 more sources
PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET [PDF]
The aim of the report is to examine the current and important for the society issues concerning one of the most widespread insurance products - Motor Third Party Liability Insurance. The report examines the use of Motor Third Party Liability insurance on
T. Andreeva
doaj +1 more source
A new paradigm of governance for a carbon-pricing system [PDF]
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
Penerapan Metode Vikor dalam Seleksi Penerimaan Bonus Pada Salesman Indihome
Indihome merupakan salah satu produk dari PT.Telkom Indonesia yang berdedikasi untuk layanan akses internet bagi rumah tangga serta bisnis skala kecil dan menengah Pada PT.Telkom wilayah Lubuklinggau.
Yogi Primadasa, Hengki Juliansa
doaj +1 more source

