Allowance for Cost of Claims in Bonus-Malus Systems
Copyright policy )Allowance for Cost of Claims in Bonus-Malus Systems
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.
- École Polytechnique France
- INSTITUT POLYTECHNIQUE DE PARIS France
- French National Centre for Scientific Research France
- Université Paris Cité France
and pure premium, and pure premium., Number and cost residuals, average cost per claim, Bonus-malus for frequency of claims, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, Bayesian and heterogeneous models
and pure premium, and pure premium., Number and cost residuals, average cost per claim, Bonus-malus for frequency of claims, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, Bayesian and heterogeneous models
selected citations These citations are derived from selected sources.This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).62 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
Citations provided by BIP!Popularity provided by BIP!