collaborators

1 paper

stat.AP2021

Optimal relativities in a modified Bonus-Malus system with long memory transition rules and frequency-severity dependence

Jae Youn Ahn, Eric C. K. Cheung, Rosy Oh +1

In the classical Bonus-Malus System (BMS) in automobile insurance, the premium for the next year is adjusted according to the policyholder's claim history (particularly frequency)…