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Master thesis

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cc-by-nc-nd (c) Gómez Campoy, 2022
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/191187

Segmentation applied to the Bonus-Malus System through the Norberg’s formula

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Abstract

The aim of this research is to study the implementation of segmentation in bonus-malus systems that base its analysis in the random variable number of claims. To this end, the theoretical framework proposed by Norberg for the construction of this a posteriori pricing method, for both not segmented and segmented case, is presented. This formulation has allowed the computation of the relative pure premiums and the premiums when unitary claim amount is assumed under different examples and scenarios. Then the different paths of premiums for certain insureds from simulated datasets are assessed. It is also evaluated this framework to surcharge premiums.

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Treballs Finals del Màster de Ciències Actuarials i Financeres, Facultat d'Economia i Empresa, Universitat de Barcelona, Curs: 2021-2022, Tutor: M. Mercè Claramunt Bielsa

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Citation

GÓMEZ CAMPOY, Genís. Segmentation applied to the Bonus-Malus System through the Norberg’s formula. [consulted: 10 of June of 2026]. Available at: https://hdl.handle.net/2445/191187

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