On Non-Linear Retrospective Rating

Abstract
A retrospective rating agreement is an agreement providing that the premium u ultimately to be considered as earned for a certain insurance or set of insurances, shall be determined as a function of the losses actually incurred by the insurer on account thereof, valued (in accordance with a set of prescribed rules) after the events causing such losses have occurred.
Volume
XXXVI
Page
35-62
Year
1949
Categories
Actuarial Applications and Methodologies
Ratemaking
Retrospective Rating
Publications
Proceedings of the Casualty Actuarial Society
Authors
Charles W Crouse