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Document Details : Title: Bonus-Malus Systems with Varying Deductibles Author(s): PITREBOIS, S. , WALHIN, J.-F. , DENUIT, M. Journal: ASTIN Bulletin Volume: 35 Issue: 1 Date: May 2005 Pages: 261-274 DOI: 10.2143/AST.35.1.583175 Abstract : Bonus-malus systems typically lead to high maluses when claims at fault are reported. Such penalties are often difficult to implement in prctice. It is shown in this paper that this drawback may be avoided by combining a posteriori premium corrections with a deductible varying according to the level occupied in the scale. |
