Bonus-malus systems in automobile insurance

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      <subfield code="c">by Jean Lemaire</subfield>
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      <subfield code="a">Part I contains an overall presentation of the pros and cons of merit-rating, a case study and a review of the different probability distributions that can be used to model the number of claims in an automobile portfolio. In part II, 30 systems from 22 different countries are evaluated and ranked according to their Toughness towards policyholders. Part II is an up-to-date review of all the probablity models that have been porposed for the design of an optimal bonus-malus system.</subfield>
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