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A Comparison of Bonus-Malus Systems and Credibility Models

Bouwman, R.C. (2007) A Comparison of Bonus-Malus Systems and Credibility Models. Bachelor's Thesis, Industrial Engineering and Management.

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Abstract

Bonus-Malus systems and credibility models are two models for premium determination that incorporate both indivdual as group experience. These models behave differently and are applied in different areas. In this paper both models are described by their properties and compared based on their behaviour. Also parameters based on one model are estimated for the other model, such that both models behave similarly.

Item Type: Thesis (Bachelor's Thesis)
Degree programme: Industrial Engineering and Management
Thesis type: Bachelor's Thesis
Language: English
Date Deposited: 15 Feb 2018 07:28
Last Modified: 15 Feb 2018 07:28
URI: http://fse.studenttheses.ub.rug.nl/id/eprint/8391

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