`plot.MunichChainLadder`

, a method to plot the output of
`MunichChainLadder`

object. It is designed to give a quick
overview of a `MunichChainLadder`

object and to check the
correlation between the paid and incurred residuals.

1 2 |

`x` |
output from |

`mfrow` |
see |

`title` |
see |

`...` |
optional arguments. See |

`plot.MunichChainLadder`

shows four plots, starting from the top
left with a barchart of forecasted ultimate claims costs by
Munich-chain-ladder (MCL) on paid and incurred data by origin period;
the barchart next to it compares the ratio of forecasted ultimate
claims cost on paid and incurred data based on the Mack-chain-ladder and
Munich-chain-ladder methods; the two residual plots at the bottom show the
correlation of (incurred/paid)-chain-ladder factors against the
paid-chain-ladder factors and the correlation of
(paid/incurred)-chain-ladder factors against the incurred-chain-ladder
factors.

The design of the plots follows those in Quarg's (2004) paper: Gerhard Quarg and Thomas Mack. Munich Chain Ladder. Blatter DGVFM 26, Munich, 2004.

Markus Gesmann

See also `MunichChainLadder`

1 2 | ```
M <- MunichChainLadder(MCLpaid, MCLincurred)
plot(M)
``` |

Questions? Problems? Suggestions? Tweet to @rdrrHQ or email at ian@mutexlabs.com.

Please suggest features or report bugs with the GitHub issue tracker.

All documentation is copyright its authors; we didn't write any of that.