Fitting the Belgian Bonus-Malus System

Denuit, Michel;Pitrebois, Sandra;Walhin, Jean-François
(2003)

Files

dp0311.pdf
  • Open Access
  • Adobe PDF
  • 144.36 KB
Download

Details

Authors
  • Denuit, MichelUCLouvain
    Author
  • Pitrebois, Sandra
    Author
  • Walhin, Jean-FrançoisUCLouvain
    Author
Abstract
We show in this paper how to obtain the relativities of the Belgian Bonus-Malus System, including the special bonus rule sending the policyholders in the malus zone to initial level after four claim-free years. The model allows for a priori tarification. It is applied to a real-life portfolio.

Citations

  • APA
  • Chicago
  • FWB

Denuit, M., Pitrebois, S., & Walhin, J.-F. (2003). Fitting the Belgian Bonus-Malus System (STAT Discussion Paper 0311). https://hdl.handle.net/2078.5/46377