The Application of Bühlmann‑Straub Model with Data Correction for the Estimation of Net Premium Rates in Bonus‑Malus Systems of the Motor Third Liability Insurance
One of the elements used in the process of tariff calculation of premiums in motor liability insurance is a bonus‑malus system. This systems takes into account the “claims ratio” by means of increases and discounts of the base premium called net premium rates. The aim of this work is to propose an e...
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Format: | Article |
Language: | English |
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Lodz University Press
2018-09-01
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Series: | Acta Universitatis Lodziensis. Folia Oeconomica |
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Online Access: | https://czasopisma.uni.lodz.pl/foe/article/view/946 |