Insurers' profits in the third-party liability insurance
December 1991
Article
pp 165-172.
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In this note we derive the expected total discounted profit of an insurer due to a single policy holder within a third-party liability insurance. We consider both a policy holder claiming optimally and non-optimally.
Keywords
Automatically Extracted Terms
- policy holder
- policy
- claim
- holder
- insurance
- damage
- period
- claim sizes
- insurer
- profit
- premium
- bonus-malus combination j
- table
- bonus-malu
- dellaert
- combination
- insurance year
- difference
- damage rate
- claim size
