test_claim_dataset

A dataset of 3,624 rows containing individual claims features.

datasets

Creation of an individual claims simulator which generates various
features of non-life insurance claims. An initial set of test parameters,
designed to mirror the experience of an Auto Liability portfolio, were set
up and applied by default to generate a realistic test data set of
individual claims (see vignette). The simulated data set then allows
practitioners to back-test the validity of various reserving models and to
prove and/or disprove certain actuarial assumptions made in claims
modelling. The distributional assumptions used to generate this data set can
be easily modified by users to match their experiences. Reference: Avanzi B,
Taylor G, Wang M, Wong B (2020) "SynthETIC: an individual insurance claim
simulator with feature control" <arXiv:2008.05693>.

Melantha Wang

SynthETIC

Synthetic Experience Tracking Insurance Claims

Benjamin Avanzi

William Ho

Greg Taylor

Bernard Wong

test_claim_dataset function

A data frame with 3,624 rows and 7 variables:<dl>
<dt>claim_no</dt>
<dd>claim number, which uniquely characterises each claim.</dd><dt>occurrence_period</dt>
<dd>integer; period of ocurrence of the claim.</dd><dt>occurrence_time</dt>
<dd>double; time of occurrence of the claim.</dd><dt>claim_size</dt>
<dd>size of the claim (in constant dollar values).</dd><dt>notidel</dt>
<dd>notification delay of the claim, i.e. time from occurrence to notification.</dd><dt>setldel</dt>
<dd>settlement delay of the claim, i.e. time from notification to settlement.</dd><dt>no_payment</dt>
<dd>number of partial payments required for the claim.</dd>
</dl>

Format

Claims Dataset — test_claim_dataset

A data frame with 3,624 rows and 7 variables:<dl>
<dt>claim_no</dt>
<dd>claim number, which uniquely characterises each claim.</dd>

<dt>occurrence_period</dt>
<dd>integer; period of ocurrence of the claim.</dd>

<dt>occurrence_time</dt>
<dd>double; time of occurrence of the claim.</dd>

<dt>claim_size</dt>
<dd>size of the claim (in constant dollar values).</dd>

<dt>notidel</dt>
<dd>notification delay of the claim, i.e. time from occurrence to notification.</dd>

<dt>setldel</dt>
<dd>settlement delay of the claim, i.e. time from notification to settlement.</dd>

<dt>no_payment</dt>
<dd>number of partial payments required for the claim.</dd>


</dl>

test_claim_dataset: Claims Dataset

Description

Usage

Arguments

Format

Examples