XtrianglePrior: Paid data (adding prior knowledge example)

In DCL: Claims Reserving under the Double Chain Ladder Model

Paid data (adding prior knowledge example)

Description

It is a run-off (incremental) triangle consisting of the aggregated payments during 19 years. These data were used in the empirical illustration provided by Martinez-Miranda, Nielsen, Verrall and Wuthrich (2013).

Usage

data(XtrianglePrior)

Format

Matrix with dimension 14 by 14: 14 undewriting years and 14 development years.

Source

Martinez-Miranda, M.D., Nielsen, J.P., Verrall, R. and Wuthrich, M.V. (2013) Double Chain Ladder, Claims Development Inflation and Zero Claims. Scandinavian Actuarial Journal. In press.

Examples

data(XtrianglePrior)

Plot.triangle(XtrianglePrior)
# Classical chain ladder method
clm(XtrianglePrior)

DCL documentation built on May 5, 2022, 5:06 p.m.