RAA: Run off triangle of accumulated claims data

Description Usage Format Source References Examples

Description

Run-off triangle of Automatic Factultative business in General Liability

Usage

1

Format

A matrix with 10 accident years and 10 development years.

Source

Historical Loss Development, Reinsurance Association of Ammerica (RAA), 1991, p.96

References

See Also: Which Stochastic Model is Underlying the Chain Ladder Method?, Thomas Mack, Insurance Mathematics and Economics, 15, 2/3, pp133-138, 1994

P.D.England and R.J.Verrall, Stochastic Claims Reserving in General Insurance, British Actuarial Journal, Vol. 8, pp443-544, 2002

Examples

1
2
3
RAA
plot(RAA)
plot(RAA, lattice=TRUE)

Example output

Welcome to ChainLadder version 0.2.4

Type vignette('ChainLadder', package='ChainLadder') to access
the overall package documentation.

See demo(package='ChainLadder') for a list of demos.

More information is available on the ChainLadder project web-site:
https://github.com/mages/ChainLadder

To suppress this message use:
suppressPackageStartupMessages(library(ChainLadder))

      dev
origin    1     2     3     4     5     6     7     8     9    10
  1981 5012  8269 10907 11805 13539 16181 18009 18608 18662 18834
  1982  106  4285  5396 10666 13782 15599 15496 16169 16704    NA
  1983 3410  8992 13873 16141 18735 22214 22863 23466    NA    NA
  1984 5655 11555 15766 21266 23425 26083 27067    NA    NA    NA
  1985 1092  9565 15836 22169 25955 26180    NA    NA    NA    NA
  1986 1513  6445 11702 12935 15852    NA    NA    NA    NA    NA
  1987  557  4020 10946 12314    NA    NA    NA    NA    NA    NA
  1988 1351  6947 13112    NA    NA    NA    NA    NA    NA    NA
  1989 3133  5395    NA    NA    NA    NA    NA    NA    NA    NA
  1990 2063    NA    NA    NA    NA    NA    NA    NA    NA    NA

ChainLadder documentation built on Jan. 9, 2022, 5:06 p.m.