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Construction of the New Belgian Motor Third Party Tariff Structure

Published online by Cambridge University Press:  29 August 2014

Jean Lemaire
Jean Lemaire*
Affiliation:
Wharton School, University of Pennsylvania
*
Wharton School, University of Pennsylvania, 3641 Locust Walk, Philadelphia, PA 19104, USA.
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Abstract

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The paper describes how a study group, appointed by the Belgian Professional Union of Insurance Companies, designed a new tariff structure in motor third party liability. Particular emphasis was given to the construction of a more efficient bonus–malus system.

Keywords

Automobile insurancebonus–malus systems
Type
Workshop
Information
ASTIN Bulletin: The Journal of the IAA , Volume 18 , Issue 1 , April 1988 , pp. 99 - 112
Copyright
Copyright © International Actuarial Association 1988

References

Lemaire, J. (1985) Automobile Insurance: Actuarial Models. Kluwer, Boston.CrossRefGoogle Scholar
Loimaranta, K. (1972) Some asymptotic properties of bonus systems. ASTIN Bulletin 6, 233–245.CrossRefGoogle Scholar
Van Eeghen, J., Greup, E and Nijssen, J. (1983) Rate Making. Nationale Nederlanden.Google Scholar