{"product_id":"9780470026779","title":"Actuarial Modelling of Claim Counts Risk Classification, Credibility and Bonus-Malus Systems","description":"\u003ch1\u003eActuarial Modelling of Claim Counts\u003c\/h1\u003e\u003ch2\u003eRisk Classification, Credibility and Bonus-Malus Systems\u003c\/h2\u003e\u003ch3\u003eMichel Denuit | Xavier Marechal | Sandra Pitrebois | Jean-Francois Walhin\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eMathematics \/ Probability \u0026amp; Statistics \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003eThere are a wide range of variables for actuaries to consider when calculating a motorist's insurance premium, such as age, gender and type of vehicle. Further to these factors, motorists' rates are subject to experience rating systems, including credibility mechanisms and Bonus Malus systems (BMSs). \u003cp\u003e\u003ci\u003eActuarial Modelling of Claim Counts\u003c\/i\u003e presents a comprehensive treatment of the various experience rating systems and their relationships with risk classification. The authors summarize the most recent developments in the field, presenting ratemaking systems, whilst taking into account exogenous information.\u003c\/p\u003e \u003cp\u003eThe text:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eOffers the first self-contained, practical approach to a priori and a posteriori ratemaking in motor insurance.\u003c\/li\u003e \u003cli\u003eDiscusses the issues of claim frequency and claim severity, multi-event systems, and the combinations of deductibles and BMSs.\u003c\/li\u003e \u003cli\u003eIntroduces recent developments in actuarial science and exploits the generalised linear model and generalised linear mixed model to achieve risk classification.\u003c\/li\u003e \u003cli\u003ePresents credibility mechanisms as refinements of commercial BMSs.\u003c\/li\u003e \u003cli\u003eProvides practical applications with real data sets processed with SAS software.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eActuarial Modelling of Claim Counts\u003c\/i\u003e is essential reading for students in actuarial science, as well as practicing and academic actuaries. It is also ideally suited for professionals involved in the insurance industry, applied mathematicians, quantitative economists, financial engineers and statisticians.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e  \u003cb\u003eMichel Denuit\u003c\/b\u003e – Professor, Institute of Actuarial Science, UCL, Belgium.  \u003cp\u003eMichel Denuit is Professor of Statistics and Actuarial Science at the Université Catholique de Louvain, Belgium. His major fields of research are risk theory and stochastic inequalities. He has (co-)authored numerous articles that have appeared in applied and theoretical journals and served as member of the editorial board for several journals (including Insurance: Mathematics and Economics). He is a section editor on Wiley’s Encyclopedia of Actuarial Science, and is the author of two previous books, one of them with Wiley.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eXavier Maréchal\u003c\/b\u003e – Université Catholique de Louvain, Belgium \u0026amp; CEO of Reacfin, Belgium.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSandra Pitrebois\u003c\/b\u003e – Université Catholique de Louvain, Belgium \u0026amp; Secura Belgian Re, Brussels.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eJean-François Walhin\u003c\/b\u003e – Université Catholique de Louvain, Belgium \u0026amp; Secura Belgian Re, Brussels\u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e01 October 2007\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley-Interscience\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9780470026779\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e384\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e30.24\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44315608383628,"sku":"9780470026779","price":132.26,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780470026779_9ecdadb8-acd3-4ec5-9e40-e8ee5d197e17.jpg?v=1780116463","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9780470026779","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}