GenIns: Run off triangle of claims data.

In ChainLadder: Statistical Methods and Models for Claims Reserving in General Insurance

Run off triangle of claims data.

Description

Run off triangle of accumulated general insurance claims data. GenInsLong provides the same data in a 'long' format.

Usage

GenIns

Format

A matrix with 10 accident years and 10 development years.

Source

TAYLOR, G.C. and ASHE, F.R. (1983) Second Moments of Estimates of Outstanding Claims. Journal of Econometrics 23, 37-61.

References

See table 1 in: Distribution-free Calculation of the Standard Error of Chain Ladder Reserve Estimates, Thomas Mack, 1993, ASTIN Bulletin 23, 213 - 225

Examples

GenIns
plot(GenIns)

plot(GenIns, lattice=TRUE)


head(GenInsLong)

## Convert long format into triangle
## Triangles are usually stored as 'long' tables in data bases
as.triangle(GenInsLong, origin="accyear", dev="devyear", "incurred claims")

ChainLadder documentation built on Sept. 11, 2024, 8:35 p.m.