Construct · 1 fields · 1 citations

bonus-malus system: a standalone construct

One name. One construct. A landmark on the map.

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bonus-malussystem1 CONSTRUCTBonus-malus systemLEMAIRE · ACTUARIAL SCIENCE

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Actuarial science

a motor insurance rating scheme that moves policyholders between premium classes, discounting after claim-free years and surcharging after claims.

In actuarial science, bonus-malus system refers to a motor insurance rating scheme that moves policyholders between premium classes, discounting after claim-free years and surcharging after claims. This meaning comes from Lemaire (1995) in Bonus-malus systems in automobile insurance.[1]

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premium4 fields · 4 citationsjingle · one word, four constructs

References

  1. Lemaire, J. (1995). Bonus-malus systems in automobile insurance. Kluwer Academic Publishers. ISBN 9789401106313

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