SynthETIC (Q56016): Difference between revisions

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+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>.
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Latest revision as of 06:13, 22 March 2024

Synthetic Experience Tracking Insurance Claims

Language	Label	Description	Also known as
English	SynthETIC	Synthetic Experience Tracking Insurance Claims

Statements

instance of

R package

0 references

software version identifier

1.0.4

publication date

16 April 2023

0 references

0.1.0

publication date

24 August 2020

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1.0.0

publication date

2 April 2021

0 references

1.0.1

publication date

26 June 2021

0 references

1.0.2

publication date

3 September 2021

0 references

1.0.5

publication date

3 September 2023

0 references

1.1.0

publication date

27 January 2024

0 references

0 references

0 references

27 January 2024

0 references

description

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>.

0 references

0 references

0 references

0 references

0 references

0 references