Abstract
Based on the example of the Belgian Bonus-Malus scale, we will show in this article how to calculate the relative premiums associated with each level. These premiums will depend on the a priori ratemaking carried out preliminary. On the basis of a few examples we will also demonstrate how a Bonus-Malus system can be used as a marketing tool.
Volume
Berlin
Year
2003
Categories
Actuarial Applications and Methodologies
Ratemaking
Publications
ASTIN Colloquium
