Abstract
Motor insurers in the United Kingdom are not subject to Government control over the rating structures they use or the levels of
premiums they charge. The market is highly competitive, and each insurer therefore needs to make the best estimate he can of the premium required for each category of risk, to produce a given level of profit. He also needs to estimate the extent to which departures from such premium levels can't be justified, for example in order to have a simple rating structure or to meet competition.
Volume
6:3
Page
222-232
Year
1972
Categories
Actuarial Applications and Methodologies
Data Management and Information
Data Organization
Business Areas
Automobile
Practice Areas
International Areas
Financial and Statistical Methods
Statistical Models and Methods
Publications
ASTIN Bulletin
