Bonus-Malus Systems: “Lack of Transparency” and Adequacy Measure
Paola Verico
ASTIN Bulletin, 2002, vol. 32, issue 2, 315-318
Abstract:
Based 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.
Date: 2002
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