Abstract
This paper outlines a very simple structure for the practical analysis of motor premiums. It indicates that it is possible to model different types of claims cost. Then these results are combined together with some simple economic assumptions, to arrive at a final "points system" which is similar to a number of premium systems used by Insurance Companies.
Auto Liability, Auto Physical Damage
Volume
November
Year
1982
Categories
Business Areas
Automobile
Actuarial Applications and Methodologies
Ratemaking
Publications
Motor Premium Rating
