Bonus-Malus Systems in Automobile Insurance
Jean Lemaire
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Description for Bonus-Malus Systems in Automobile Insurance
Hardback. Penalizing at-fault accidents by premium surcharges and rewarding claim-free years by discounts, are called bonus-malus systems (BMS) in Europe and Asia. The aim of this book is to provide companies with models to design BMS that meet their objectives. Series: Huebner International Series on Risk, Insurance and Economic Security. Num Pages: 285 pages, biography. BIC Classification: KFFN. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 19. Weight in Grams: 620.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
1995
Publisher
Kluwer Academic Publishers United States
Number of pages
285
Condition
New
Series
Huebner International Series on Risk, Insurance and Economic Security
Number of Pages
285
Place of Publication
Dordrecht, Netherlands
ISBN
9780792395454
SKU
V9780792395454
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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