IDEAS home Printed from https://ideas.repec.org/a/bpj/apjrin/v19y2025i1p63-86n1001.html
   My bibliography  Save this article

A Study on the Current Bonus–Malus System in the Moroccan Automobile Insurance Market

Author

Listed:
  • BOUNNITE Mohamed Yasser

    (Centre for Studies and Research in Human Capital Management (CERMACH), SUP’RH Business School & AI, Casablanca, Morocco)

Abstract

This study employs a Poisson model with Generalized Estimating Equations (GEE) to identify the key factors in the Moroccan auto insurance rating system. Crucial factors identified include gender, tariff-determining usage codes, vehicle usage, and driver experience. A comparison of this study model with Morocco’s current rating system reveals the presence of pricing suboptimality, which can be improved by enhancing the incorporation of driving history and adjusting the Bonus–Malus system to better reflect actual claim patterns and risk profiles.

Suggested Citation

  • BOUNNITE Mohamed Yasser, 2025. "A Study on the Current Bonus–Malus System in the Moroccan Automobile Insurance Market," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 19(1), pages 63-86.
    • Handle: RePEc:bpj:apjrin:v:19:y:2025:i:1:p:63-86:n:1001
    DOI: 10.1515/apjri-2023-0022
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/apjri-2023-0022
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/apjri-2023-0022?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:apjrin:v:19:y:2025:i:1:p:63-86:n:1001. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.