Multi-Event Bonus-Malus Scales |
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| Authors: | Sandra Pitrebois Michel Denuit† Jean-François Walhin‡ |
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| Institution: | Sandra Pitrebois is at Secura, Avenue des Nerviens, 9-31 boîte 6, B-1040 Bruxelles, Belgium e-mail:;. Michel Denuit is at Institut de Statistique, UniversitéCatholique de Louvain, Voie du Roman Pays, 20, B-1348 Louvain-la-Neuve, Belgium e-mail:;. Jean-François Walhin is at Institut des Sciences Actuarielles, UniversitéCatholique de Louvain, Grand-Rue, 54, B-1348 Louvain-la-Neuve, Belgium email: . |
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| Abstract: | This article is devoted to the design of bonus‐malus scales involving different types of claims. Typically, claims with or without bodily injuries, or claims with full or partial liability of the insured driver, are distinguished and entail different penalties. Under mild assumptions, claim severities can also be taken into account in this way. Numerical illustrations enhance the interest of the approach. |
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