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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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Citations: View citations in EconPapers (25)

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