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Titlebook: Bonus-Malus Systems in Automobile Insurance; Jean Lemaire Book 1995 Springer Science+Business Media New York 1995 Distribution.deregulatio

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Local Symbols and Existence Theoremaims heavily will exhibit high RSAL, high premium variability, high elasticity, and high average optimal retentions. These four measures, presented in tables 4–1, 5–1, 6–1, and 7–1 for a policyholder with claim frequency 0.10, are, however, highly positively correlated, as shown in table 8–1.
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Local Flaps in Facial ReconstructionIn Part 3, Bayesian analysis is applied to design optimal bonus-malus systems using the different models for claim number distributions presented in chapter 3. The decision problem is formulated in a game-theoretic framework. Several loss functions and premium calculation principles are applied to calculate optimal BMS.
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Local Flaps in Facial ReconstructionIn chapter 10, it was shown that a bonus-malus system based on the expected value principle obtains when a quadratic loss function is used. Although this type of loss function possesses important theoretical properties, more often than not the main reason for using it lies in the simplicity of computations.
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