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Actuarial Modelling Of Claim Counts: Risk Classification, Credibility And Bonus-Malus Scales

Actuarial Modelling Of Claim Counts: Risk Classification, Credibility And Bonus-Malus Scales

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pvp.118,30 €

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  • ISBN:9780470026779
  • Editorial: Wiley & Sons Ltd.
  • Fecha de la edición:
  • Encuadernación:Tapa dura
  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:448
  • Idiomas:Inglés,Ingles

Materias:

This book offers a comprehensive treatment of the various experience rating systems applicable to automobile insurance and their relationships with risk classification. It also summarizes the most recent developments in the field, presenting ratemaking systems, whilst taking into account exogenous information. The book includes numerous illustrations using advanced statistical software to allow for a deep understanding of the concepts. It also offers all the actuarial techniques to design bonus-malus mechanisms. This is an extremely timely addition to the literature, as European directives recently introduced complete rating freedom, allowing companies to set up their own rates, select their own classification variables and design their own BMS. The book will prove a valuable supplement to Actuarial courses and professional insurance bodies.

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