claim_size_adj: Covariates Claim Size Adjustment
In SynthETIC: Synthetic Experience Tracking Insurance Claims

claim_size_adj

R Documentation

Covariates Claim Size Adjustment

Adjusts claim sizes given a set of covariates. Note that this function firstly simulates covariate levels for each claim, see simulate_covariates.

claim_size_adj(covariate_obj, claim_size)

`covariate_obj`	a `covariates` object
`claim_size`	a list in the same output as `claim_size`

Returns a nested named list:

covariates_data which is a named list of covariate relativities (covariates), the simulated covariate levels (data) and the claim IDs.
claim_size_adj which is a list of adjusted claim sizes such that the ith component of the list gives the sizes for all claims that occurred in period i.