Repository GitHub that contains the code for the package
clmplus.
About clmplus:
It adds flexibilty to the chain-ladder model: we provide a new and more versatile framework for claims reserving given the cumulative payments data.
It achieves the ambitious objective of showing the contact point between models often used in life insurance and non-life insurance models for claims reserving.
clmplus relies on the powerful StMoMo
package. Practitioners can either use the default models we programmed
for them or set their own hazard model. Examples of model configurations
we support:
| Model | Life insurance | Non-life insurance |
|---|---|---|
| a | age | development (chain-ladder model) |
| ac | age-cohort | development-accident |
| ap | age-period | development-calendar |
| apc | age-period-cohort | development-calendar-accident |
| lc | lee-carter | development-development x calendar |
It is possible to download clmplus from GitHub.
library(devtools)
devtools::install_devtools::install_github("gpitt71/clmplus")