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Bonus-Malus Systems in Automobile Insurance - Jean Lemaire
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Jean Lemaire:

Bonus-Malus Systems in Automobile Insurance - novo libro

ISBN: 9780792395454

[ED: Buch], [PU: Springer Netherlands], Neuware - Most insurers around the world have introduced some form of merit-rating in automobile third party liability insurance. Such systems, p… mais…

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Bonus-Malus Systems in Automobile Insurance - Jean Lemaire
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Jean Lemaire:

Bonus-Malus Systems in Automobile Insurance - primeira edição

1995, ISBN: 9780792395454

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[ED: Gebunden], [PU: Springer Netherlands], Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Most insurers around the world have introduced… mais…

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Bonus malus systems in automobile insurance. - Lemaire, Jean
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Lemaire, Jean:
Bonus malus systems in automobile insurance. - livro usado

1995

ISBN: 079239545X

Unbekannter Einband Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces o… mais…

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Bonus-Malus Systems in Automobile Insurance - Jean Lemaire
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Jean Lemaire:
Bonus-Malus Systems in Automobile Insurance - encadernado, livro de bolso

ISBN: 9780792395454

Hardback, [PU: Springer], Such systems, penalizing at-fault accidents by premium surcharges and rewarding claim-free years by discounts, are called bonus-malus systems (BMS) in Europe … mais…

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Bonus-Malus Systems in Automobile Insurance - Jean Lemaire
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Jean Lemaire:
Bonus-Malus Systems in Automobile Insurance - encadernado, livro de bolso

ISBN: 079239545X

Bonus-Malus Systems in Automobile Insurance ab 192.49 € als gebundene Ausgabe: Auflage 1995. Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft, Medien > Bücher, Springer Neth… mais…

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Bonus-Malus Systems in Automobile Insurance

Most insurers around the world have introduced some form of merit-rating in automobile third party liability insurance. Such systems, penalizing at-fault accidents by premium surcharges and rewarding claim-free years by discounts, are called bonus-malus systems (BMS) in Europe and Asia. With the current deregulation trends that concern most insurance markets around the world, many companies will need to develop their own BMS. The main objective of the book is to provide them models to design BMS that meet their objectives. Part I of the book contains an overall presentation of the pros and cons of merit-rating, a case study and a review of the different probability distributions that can be used to model the number of claims in an automobile portfolio. In Part II, 30 systems from 22 different countries, are evaluated and ranked according to their `toughness' towards policyholders. Four tools are created to evaluate that toughness and provide a tentative classification of all systems. Then, factor analysis is used to aggregate and summarize the data, and provide a final ranking of all systems. Part III is an up-to-date review of all the probability models that have been proposed for the design of an optimal BMS. The application of these models would enable the reader to devise the system that is ideally suited to the behavior of the policyholders of his own insurance company. Finally, Part IV analyses an alternative to BMS; the introduction of a policy with a deductible.

Dados detalhados do livro - Bonus-Malus Systems in Automobile Insurance


EAN (ISBN-13): 9780792395454
ISBN (ISBN-10): 079239545X
Livro de capa dura
Ano de publicação: 1995
Editor/Editora: Springer
316 Páginas
Peso: 0,637 kg
Língua: eng/Englisch

Livro na base de dados desde 2007-06-06T18:37:49+01:00 (Lisbon)
Página de detalhes modificada pela última vez em 2022-10-06T18:16:00+01:00 (Lisbon)
Número ISBN/EAN: 079239545X

Número ISBN - Ortografia alternativa:
0-7923-9545-X, 978-0-7923-9545-4
Ortografia alternativa e termos de pesquisa relacionados:
Autor do livro: jean lemaire
Título do livro: malus, malu malu, automobile, insurance, hübner, system


Dados da editora

Autor: Jean Lemaire
Título: Huebner International Series on Risk, Insurance and Economic Security; Bonus-Malus Systems in Automobile Insurance
Editora: Springer; Springer Netherland
285 Páginas
Ano de publicação: 1995-04-30
Dordrecht; NL
Língua: Inglês
160,49 € (DE)
164,99 € (AT)
177,00 CHF (CH)
Available
XXVI, 285 p.

BB; Hardcover, Softcover / Wirtschaft/Volkswirtschaft; Finanzenwesen und Finanzindustrie; Verstehen; Distribution; deregulation; evaluation; insurance; rating; Financial Economics; Business and Management; Betriebswirtschaft und Management; BC

1 Introduction: Models for Claim Number Distributions.- 1 Introduction: Definition of a Bonus-Malus System.- 2 A Typical Bonus-Malus Evolution: The Belgian Case.- 3 Models for the Claim Number Distribution.- 2 Evaluation of Bonus-Malus Systems.- 4 Tool 1: The Relative Stationary Average Level.- 5 Tool 2: The Coefficient of Variation of the Insured’s Premiums.- 6 Tool 3: The Elasticity of the Bonus-Malus System.- 7 Tool 4: The Average Optimal Retention.- 8 An Index of Toughness.- 9 Comments for Specific Countries. Rate of Convergence.- 3 The Design of an Optimal Bonus-Malus System.- 10 Construction of an Optimal System. Expected Value Principle.- 11 Other Loss Functions. Other Premium Calculation Principles.- 12 Penalization of Overcharges.- 13 Allowance for the Severity of Claims.- 14 The Effect of Expense Loadings.- 4 An Alternative Proposal: A High Deductible.- 15 A High-Deductible System.- 16 Empirical Determination of the Deductible.- References.- Author Index.- About the Author.

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