nottheaverageactuary

Actuarial news and views from Cape Town and beyond

Pricing by name?.. Maserati Granturismo, not only expensive at purchase date..

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Seems our proposed rating factors last night were spot on.. Interesting stats on motor insurance loss by model and make.. Useful data/ experience for setting overall prices and/or deciding on rating factors to differentiate prices to customers..

For instance Ferrari 458 Italia 2dr showed 5 times higher collision claims than, surprise surprise, the Smart ForTwo, or Jeep Wrangler! http://www.iihs.org/iihs/topics/insurance-loss-information

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