Allowance for Cost of Claims in Bonus-Malus Systems
Jean Pinquet
ASTIN Bulletin, 1997, vol. 27, issue 1, 33-57
Abstract:
The 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.
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:cup:astinb:v:27:y:1997:i:01:p:33-57_01
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