Advanced Search
MyIDEAS: Login to save this paper or follow this series

An Empirical Evaluation of the Implementation of the Bonus-Malus System in the Tunisian Automobile Insurance Ratemaking

Contents:

Author Info

  • Olfa N. Ghali

Abstract

The objective of this study was to empirically assess the impact of the introduction of the Bonus-Malus system on road security in the pricing of car insurance in Tunisia. Results indicate that when we consider the risks altogether, the effect of the reform is not very significant. This is explained by the fact that bad risks, which represent 92.44 percent of the sample, get round the law to change the company. Therefore, the bonus-malus system was not very efficient in reducing the probability of accidents. This shows the need for indicative variables of inflows and outflows in a pricing system where there is no central risk and where individuals can easily change the company and increase their benefits, since they can be placed in a Bonus-Malus category that is less than the one where they were. One of the important conclusions has been that besides the power of the vehicle, three other variables can explain the number of accidents: the brand and the age of the vehicle, the place of residence of the insured and the guarantees to which they are subscribed.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.erf.org.eg/CMS/getFile.php?id=123
Our checks indicate that this address may not be valid because: 500 Can't connect to www.erf.org.eg:80 (10060). If this is indeed the case, please notify (Namees Nabeel)
Download Restriction: no

File URL: http://www.erf.org.eg/cms.php?id=NEW_publication_details_working_papers&publication_id=279
Our checks indicate that this address may not be valid because: 500 Can't connect to www.erf.org.eg:80 (10060). If this is indeed the case, please notify (Namees Nabeel)
Download Restriction: no

Bibliographic Info

Paper provided by Economic Research Forum in its series Working Papers with number 0135.

as in new window
Length: 20 pages
Date of creation: Nov 2001
Date of revision: Nov 2001
Publication status: Published by The Economic Research Forum (ERF)
Handle: RePEc:erg:wpaper:0135

Contact details of provider:
Postal: 7 Boulos Hanna Street, Dokki, Cairo
Phone: 202-3370810
Fax: 202-3616042
Email:
Web page: http://www.erf.org.eg
More information through EDIRC

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:erg:wpaper:0135. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Namees Nabeel).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.