ChainLadder (version 0.1.1-5)

RAA: Run off triangle of accumulated claims data

Description

Run-off triangle of Automatic Factultative business in General Liability

Usage

data(RAA)

format

A matrix with 10 accident years and 10 development years.

source

Historical Loss Development, Reinsurance Association of Ammerica (RAA), 1991, p.96

References

See Also: Which Stochastic Model is Underlying the Chain Ladder Method?, Thomas Mack, 1994, Insurance Mathematics and Economics, 15, 2/3, 133-138 P.D.England and R.J.Verrall, Stochastic Claims Reserving in General Insurance, British Actuarial Journal, Vol. 8, pp443-544, 2002

Examples

RAA
matplot(t(RAA), type="l")