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Run off triangle of accumulated claims data

RAA.Rd

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, Insurance Mathematics and Economics, 15, 2/3, pp133-138, 1994

P.D.England and R.J.Verrall, Stochastic Claims Reserving in General Insurance, British Actuarial Journal, Vol. 8, pp443-544, 2002

Examples

RAA
#>       dev
#> origin    1     2     3     4     5     6     7     8     9    10
#>   1981 5012  8269 10907 11805 13539 16181 18009 18608 18662 18834
#>   1982  106  4285  5396 10666 13782 15599 15496 16169 16704    NA
#>   1983 3410  8992 13873 16141 18735 22214 22863 23466    NA    NA
#>   1984 5655 11555 15766 21266 23425 26083 27067    NA    NA    NA
#>   1985 1092  9565 15836 22169 25955 26180    NA    NA    NA    NA
#>   1986 1513  6445 11702 12935 15852    NA    NA    NA    NA    NA
#>   1987  557  4020 10946 12314    NA    NA    NA    NA    NA    NA
#>   1988 1351  6947 13112    NA    NA    NA    NA    NA    NA    NA
#>   1989 3133  5395    NA    NA    NA    NA    NA    NA    NA    NA
#>   1990 2063    NA    NA    NA    NA    NA    NA    NA    NA    NA
plot(RAA)

plot(RAA, lattice=TRUE)