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Document Details :
Title: Generalized Bonus-Malus Systems with a Frequency and a Severity Component on an Individual Basis in Automobile Insurance
Author(s): MAHMOUDVAND, Rahim , HASSANI, Hossein
Journal: ASTIN Bulletin
Volume: 39 Issue: 1 Date: 2009
Frangos and Vrontos (2001) proposed an optimal bonus-malus systems with a frequency and a severity component on an individual basis in automobile insurance. In this paper, we introduce a generalized form of those obtained previously.