Optimal claim behaviour for third-party liability insurances or To claim or not to claim: that is the question

DOI10.1016/0167-6687(90)90016-7zbMath0704.62097OpenAlexW2096700303MaRDI QIDQ917207

B. S. van der Laan, J. B. G. Frenk, A. Kouwenhoven, Nico P. Dellaert

Publication date: 1990

Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL: http://repub.eur.nl/pub/11663

zbMATH Keywords

sensitivityinfinite horizonfinite horizonreviewnumber of claimsrecurrent equationsautomobile insurancebonus-malus structurediscrete time axisexpected discounted costsoptimal claimingoptimal critical claim size

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Markov and semi-Markov decision processes (90C40)

Related Items (3)

Optimal claim behaviour for third-party liability insurances with perfect information ⋮ Insurers' profits in the third-party liability insurance ⋮ Optimal claim behaviour for vehicle damage insurances

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• Driver versus company

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