Bonus-malus system using an exponential loss function with an Inverse Gaussian distribution

Insurance: Mathematics and Economics

Volumn 33, Issue 1, 2003, Pages 49-57

  Morillo, Isabel ^a   Bermúdez, Lluís ^a  

^a UNIVERSITY OF BARCELONA   (Spain)

Author keywords

Auto insurance; Bonus malus; Exponential loss function; Poisson Inverse Gaussian; Tariff segmentation

Indexed keywords

EID: 0141760390     PISSN: 01676687     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-6687(03)00142-2     Document Type: Article

References (7)

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2. De Vylder, F.E., 1996. Advanced Risk Theory. A Self-contained Introduction. Editions de l'Université de Bruxelles, Swiss Association of Actuaries.
3. Ferreira, J., 1977. Identifying equitable insurance premiums for risk classes: an alternative to the classical approach. Presented at the XXIIIth International Meeting of the Institute of Management Sciences, Athens.
4. Gisler, A., 1996. Bonus-malus and tariff segmentation. Presented at the XXVIIth Astin Colloquium, Copenhagen.
5. Lemaire J. How to define a bonus-malus system with an exponential utility function Astin Bulletin 10 1979 274-282
6. Panjer, H.H., Willmot, G.E., Insurance Risk Models. Society of Actuaries, Schaumburg, 1992.
7. Tremblay L. Using the Poisson Inverse Gaussian in bonus-malus systems Astin Bulletin 221 1992 97-106