Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Bonus-Malus Systems in Automobile Insurance

Bonus-Malus Systems in Automobile Insurance

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9789401106313
Condition
New
Product Description

Most insurers around the world have introduced some form of merit-rating in automobile third party liability insurance. Such systems, penalizing at-fault accidents by premium surcharges and rewarding claim-free years by discounts, are called bonus-malus systems (BMS) in Europe and Asia. With the current deregulation trends that concern most insurance markets around the world, many companies will need to develop their own BMS. The main objective of the book is to provide them models to design BMS that meet their objectives. Part I of the book contains an overall presentation of the pros and cons of merit-rating, a case study and a review of the different probability distributions that can be used to model the number of claims in an automobile portfolio. In Part II, 30 systems from 22 different countries, are evaluated and ranked according to their `toughness' towards policyholders. Four tools are created to evaluate that toughness and provide a tentative classification of all systems. Then, factor analysis is used to aggregate and summarize the data, and provide a final ranking of all systems. Part III is an up-to-date review of all the probability models that have been proposed for the design of an optimal BMS. The application of these models would enable the reader to devise the system that is ideally suited to the behavior of the policyholders of his own insurance company. Finally, Part IV analyses an alternative to BMS; the introduction of a policy with a deductible.

Available Colors
Available Sizes
1 Offer Price Range: $129.00 - $129.00
BEST PRICE

Single Product Purchase

$129.00
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$129.00 $129.00

$129.00
See Site In stock Visit Store

Similar Products

Types for Proofs and Programs

$39.99

Sextus Empiricus Neo-Pyrrhonism

$129.99

Grid Computing - GRID 2002

$39.99

Maritime Fiction

$109.99

Transition Towards a Carbon Free Future

$169.99

Emerging Technologies and Circuits

$169.99

Verwaltungswissenschaft

$39.99

Noch mehr Sand im Getriebe?

$79.99

Jordan Pairs

$34.99

Risk Management

$169.99

Transformation in der konomie

$89.99

Public Service Media and Policy in Europe

$54.99

Korteweg-de Vries and Nonlinear Schrdinger Equations: Qualitative Theory

$34.99

Bio-Inspired Collaborative Intelligent Control and Optimization

$169.99

Die depressive Reaktion

$59.99

Digital Picture Processing

$54.99

Industrializing Additive Manufacturing

$279.99

Einstein and the Changing Worldviews of Physics

$109.99

Stem Cell Tourism and the Political Economy of Hope

$99.99

The Great Guano Rush

$169.99

Magic Graphs

$54.99

Postcolonial International Relations

$159.99

Politische Geschichte der Gegenwart

$59.99

Handbook of Quality of Life and Sustainability

$249.99

Accessibility for Everybody

$54.99

The European Union and Multilateral Governance

$109.99

SRAM Design for Wireless Sensor Networks

$84.99

Jih?d

$109.99

Critical Infrastructure Protection XII

$39.99

Jahrbuch der Preuischen Forst- und Jagdgesetzgebung und Verwaltung

$59.99

Proceedings of the 20th International Symposium on Advancement of Construction Management and Real E

$169.00

Handbook of Global Optimization

$599.99

Advanced Methodologies for Bayesian Networks

$54.99

Database Theory - ICDT '97

$39.99

Computerised Braille Production

$109.99

Weibliche Geschlechtsorgane

$44.99

Product of Random Stochastic Matrices and Distributed Averaging

$109.99

Gas-Turbine Regenerators

$169.99

Heine-Jahrbuch 2000

$19.99

Cyberspace Safety and Security

$54.99