Osatakul, Dhiti; Wu, Xueyuan - In: Risks : open access journal 9 (2021) 1/26, pp. 1-23
In this paper we consider a discrete-time risk model, which allows the premium to be adjusted according to claims experience. This model is inspired by the well-known bonus-malus system in the non-life insurance industry. Two strategies of adjusting periodic premiums are considered: aggregate...
