RAA: Run off triangle of accumulated claims data

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

Run off triangle of accumulated claims data

Description

Run-off triangle of Automatic Factultative business in General Liability

Usage

data(RAA)

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

RAA
plot(RAA)
plot(RAA, lattice=TRUE)

ChainLadder documentation built on July 9, 2023, 5:12 p.m.