BAYESIAN APPROACH OF PREMIUM CALCULATION IN BONUS MALUS SYSTEM WITH PARETO DISTRIBUTED CLAIM SEVERITY OF VEHICLE INSURANCE
The vehicle insurance will be fascinating if the fixed premium in every year also considers the submitted claim. The system bonus malus is one of premium establishment method which accommodate it. This system discussed about premium establishment based on each policyholder's history claims. One...
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| Format: | Theses |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/26044 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |