Table65: Functions to Reproduce Clark's Tables

In edalmoro/ChainLadderQuantileV1: Statistical Methods and Models for Claims Reserving in General Insurance

Description

Print the tables on pages 64, 65, and 68 of Clark's paper.

Usage

Table64(x)
Table65(x)
Table68(x)

Arguments

x	an object resulting from ClarkLDF or ClarkCapeCod

Details

These exhibits give some of the details behind the calculations producing the estimates of future values (a.k.a. "Reserves" in Clark's paper). Table65 works for both the "LDF" and the "CapeCod" methods. Table64 is specific to "LDF", Table68 to "CapeCod".

Value

A data.frame.

Author(s)

Daniel Murphy

References

Clark, David R., "LDF Curve-Fitting and Stochastic Reserving: A Maximum Likelihood Approach", Casualty Actuarial Society Forum, Fall, 2003 http://www.casact.org/pubs/forum/03fforum/03ff041.pdf

Examples

Table65(ClarkLDF(GenIns, maxage=20))
Table64(ClarkLDF(GenIns, maxage=20))

X <- GenIns
colnames(X) <- 12*as.numeric(colnames(X))
Table65(ClarkCapeCod(X, Premium=10000000+400000*0:9, maxage=Inf))
Table68(ClarkCapeCod(X, Premium=10000000+400000*0:9, maxage=Inf))

edalmoro/ChainLadderQuantileV1 documentation built on May 29, 2019, 3:05 a.m.