schedule_p: Schedule P data

In kevinykuo/insurance: Collection of datasets for actuarial science and insurance research

Description

Triangle data from Schedule P for various companies, from accident years 1988-1997. Each triangle contains 10 development lags. The lines of business included are

• Private passenger auto liability/medical

• Commercial auto/truck liability/medical

• Workers’ compensation

• Medical malpractice – claims made

• Other liability – occurrence

• Product liability – occurrence

Usage

schedule_p

Format

Data frame with columns

lob

Line of business.

group_code,group_name

NAIC company code and company name.

accident_year

Accident year.

development_year

Development year.

calendar_year

Calendar year.

development_lag

Development lag.

incurred_loss

Incurred losses and allocated expenses reported at year end.

cumulative_paid_loss

Cumulative paid losses and allocated expenses at year end.

incremental_paid_loss

Incremental paid loss.

bulk_loss

Bulk and IBNR reserves on net losses and defense and cost containment expenses reported at year end.

earned_premium_direct,earned_premium_ceded,earned_premium_net

Premiums earned at incurral year: direct and assumed, ceded, and net.

single

1 indicates a single entity, 0 indicates a group insurer.

posted_reserve_97

Posted reserves in year 1997 taken from the Underwriting and Investment.

Source

Casualty Actuarial Society, http://www.casact.org/research/index.cfm?fa=loss_reserves_data

Examples

  schedule_p

kevinykuo/insurance documentation built on Nov. 11, 2019, 4:52 p.m.