base_simulator | R Documentation |
This is the basic simulation model that doesn't not specifically define the transition of claims, such as open/close, payment, and also case reserve development
base_simulator(
N_Policies,
policy_exprs,
policy_parameters,
frequency_exprs,
frequnecy_parameters,
severity_exprs,
severity_paramters
)
N_Policies |
number of policies |
policy_exprs |
alist of policy attribute formula, not NULL |
policy_parameters |
alist of parameters of policy formula |
frequency_exprs |
alist of frequency attribute formula, the first formula should describe claims count, not NULL |
frequnecy_parameters |
alist of parameters of frequency formula |
severity_exprs |
alist of sevevrity attribute formula, the first formula should describe loss, not NULL |
severity_paramters |
alist of parameters of severity formula |
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