actuaRE (version 0.1.7)

actuaRE-package: tools:::Rd_package_title("actuaRE")

Description

tools:::Rd_package_description("actuaRE")

References

Campo, B.D.C. and Antonio, Katrien (2023). Insurance pricing with hierarchically structured data an illustration with a workers' compensation insurance portfolio. Scandinavian Actuarial Journal, doi: 10.1080/03461238.2022.2161413

Dannenburg, D. R., Kaas, R. and Goovaerts, M. J. (1996). Practical actuarial credibility models. Amsterdam: IAE (Institute of Actuarial Science and Econometrics of the University of Amsterdam).

Jewell, W. S. (1975). The use of collateral data in credibility theory: a hierarchical model. Laxenburg: IIASA.

Ohlsson, E. (2005). Simplified estimation of structure parameters in hierarchical credibility. Presented at the Zurich ASTIN Colloquium.

Ohlsson, E. (2008). Combining generalized linear models and credibility models in practice. Scandinavian Actuarial Journal 2008(4), 301–314.

See Also

hierCredibility hierCredGLM hierCredTweedie tweedieGLMM BalanceProperty

Examples

# \donttest{
  library(actuaRE)
  # Vignette of the package
  vignette(package = "actuaRE")

  # Load data
  data(hachemeisterLong)
  data(dataCar)

  # Hierarchical credibility model of Jewell
  fit = hierCredibility(ratio, weight, cohort, state, hachemeisterLong)

  # Combination of the hierarchical credibility model with a GLM (Ohlsson, 2008)
  fit = hierCredGLM(Y ~ area + (1 | VehicleType / VehicleBody), dataCar, weights = w,
  p = 1.7)
# }