ChainLadder (version 0.2.0)

UKMotor: UK motor claims triangle

Description

Triangle of cumulative claims payments for four origin (accident) years over time (development years).

Usage

data("UKMotor")

format

A matrix with 7 accident years and 7 development years.

source

http://www.actuaries.org.uk/research-and-resources/documents/claims-reserving-manual-vol2-section-d5-regression-models-based-lo-0

References

Stavros Christofides. Regression models based on log-incremental payments. Claims Reserving Manual. Volume 2 D5. September 1997

Examples

data(UKMotor)
plot(UKMotor)
MackChainLadder(UKMotor, est.sigma="Mack")