Indemnity payment and allocated loss adjustment expense from an insurance company.
data(loss, package="copula")
A data frame with 1500 observations of the following 4 variables:
loss
a numeric vector of loss amount up to the limit.
limit
alae
a numeric vector of the corresponding allocated loss adjustment expense.
a numeric vector of limit (-99 means no limit).
censored
1 means censored (limit reached) and 0 otherwise.
Frees, E. and Valdez, E. (1998). Understanding relationships using copulas. North American Actuarial Journal 2, 1--25.
# NOT RUN { data(loss) # }
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