Experience rating in insurance uses a Bayesian credibility model to upgrade the current
premiums of a contract by taking into account policyholders' attributes and their claim history …

A posteriori ratemaking in insurance uses a Bayesian credibility model to upgrade the
current premiums of a contract by taking into account policyholders' attributes and their claim …

Experience‐rating occurs when the premium charged for an insurance policy is explicitly
linked to the previous claim record of the policy or the policyholder. The most common form …

This article presents a new credibility estimation of the probability distributions of risks under
Bayes settings in a completely nonparametric framework. In contrast to the Ferguson's …

To start, we want to congratulate the authors of the paper for their very interesting
contribution to the theory of credibility estimation. The proposed nonparametric …

In this article, a new method is introduced under the Bayesian framework to derive the
credibility estimator of risk premiums based on the Esscher premium principle. This new …

This paper demonstrates a Bayesian approach for estimating loss costs associated with
excess of loss reinsurance programs. The main features of this approach are that (1) prior …

How to consider the a priori risks in experience-rating models has been questioned in the
actuarial community for a long time. Classic past-claim-rating models, such as the Buhlmann …

Experience rating, a method for adjusting class experience to an individual risk, has certain
basic assumptions based on ownership of the firm that do not always apply. We examine …

We propose a fully Bayesian approach to non-life risk premium rating, based on hierarchical
models with latent variables for both claim frequency and claim size. Inference is based on …