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Generalized bonus-malus systems with a frequency and a severity component on an individual basis in automobile insurance. (English) Zbl 1205.91088

Summary: N. E. Frangos and S. D. Vrontos [Astin Bull. 31, No. 1, 5–26 (2001; Zbl 1035.62108)] proposed an optimal bonus-malus system with a frequency and a severity component on an individual basis in automobile insurance. In this paper, we introduce a generalized form.

MSC:

91B30 Risk theory, insurance (MSC2010)

Citations:

Zbl 1035.62108
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References:

[1] Astin Bulletin 33 pp 1– (2001)
[2] DOI: 10.2143/AST.19.2.2014909 · doi:10.2143/AST.19.2.2014909
[3] DOI: 10.1002/jae.3950070204 · doi:10.1002/jae.3950070204
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