Allowance for Cost of Claims in Bonus-Malus Systems

  • Pinquet J
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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.

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APA

Pinquet, J. (1997). Allowance for Cost of Claims in Bonus-Malus Systems. ASTIN Bulletin, 27(1), 33–57. https://doi.org/10.2143/ast.27.1.542066

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