Stationary Properties of Extreme Types of Bonus-Malus System Fair by Transitions Rules

• Autorzy: Małgorzata Niemiec
• Języki publikacji: EN

Abstrakty

EN

The purpose of this paper is to present stationary properties of four 'extreme ' cases of bonus-malus systems fair by transition rules, characterized by rules of maximum/minimum ad-vancement and maximum/minimum fall in each class. General formulae for the stationary distributions and mean stationary premiums for these systems are derived. Also the first attempt to define the impact of a change in the number of classes on the values of mean stationary premium has been made. (original abstract)

Słowa kluczowe

PL

Składki ubezpieczeniowe; Systemy bonus-malus

EN

Insurance premium; Bonus-malus system

• Czasopismo: Roczniki Kolegium Analiz Ekonomicznych / Szkoła Główna Handlowa
• Rocznik: 2008
• Numer: nr 18 Modelling and analysis of automobile insurance and financial markets
• Strony: 69-81

Twórcy

autor

Małgorzata Niemiec

• Szkoła Główna Handlowa w Warszawie

Bibliografia

• Lamaire J. (1995), Bonus-Malus Sysyems in Automobile Insurance, Kluwer Academic Publisher, Boston.
• Podgórska M., Kryszeń B., Niemiec M. (2008), Fair bonus-malus systems, Annales of Collegium of Economic Analyses, Volume 18, pp. 11-24.
• Podgórska M. (2008), Expected Premium in the Model of Bonus-malus Systems fair by Transitions Rules, Annales of Collegium of Economic Analyses, Volume 18, pp. 24-41.
• Podgórska M. (2008b), Extreme Types of Bonus-malus Systems Fair by Transition Rules, Annales of Collegium of Economic Analyses, Volume 18, pp.43-68.