Various statistical methods and models which are typically used for the estimation of outstanding claims reserves in general insurance, including those to estimate the claims development result as required under Solvency II.
ChainLadder is an R package providing methods and models which are typically used in insurance claims reserving, including:
You can install the stable version from CRAN:
install.packages('ChainLadder', dependencies = TRUE)
To install the current development version from github you need the devtools package and the other packages on which ChainLadder depends and links to:
install.packages(c("actuar", "cplm", "grid", "ggplot2", "knitr", "lattice", "Matrix", "MASS", "reshape2", "rmarkdown", "RUnit", "systemfit", "statmod", "tweedie"))
To install ChainLadder run:
See the ChainLadder package vignette for more details.
To cite package 'ChainLadder' in publications see the output of:
Markus Gesmann. Claims Reserving and IBNR. Computational Actuarial Science with R. 2014. Chapman and Hall/CRC
This package is free and open source software, licensed under GPL.
ChainLadder documentation is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
See NEWS package vignette