ReIns: soa – R documentation

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soa

SOA Group Medical Insurance Large Claims Database

Description

The SOA Group Medical Insurance Large Claims Database records, among others, all the claim amounts exceeding 25,000 USD in the year 1991.

Usage

data("soa")

Format

A data frame with 75789 observations on the following variable:

size: Claim size (in USD).

Source

Grazier, K. L. and G'Sell Associates (1997). Group Medical Insurance Large Claims Database Collection and Analysis. SOA Monograph M-HB97-1, Society of Actuaries, Schaumburg.

Society of Actuaries, https://www.soa.org/resources/experience-studies/2000-2004/91-92-group-medical-claims/.

References

Beirlant J., Goegebeur Y., Segers, J. and Teugels, J. (2004). Statistics of Extremes: Theory and Applications, Wiley Series in Probability, Wiley, Chichester.

Examples

data(soa)

# Histogram of log-claim amount
hist(log(soa$size),breaks=seq(10,16,0.2),xlab="log(Claim size)")

# Exponential QQ-plot of claim amount
ExpQQ(soa$size)

# Mean excess plot of claim amount (function of k)
MeanExcess(soa$size, k=TRUE)

# Mean excess plot of claim amount (function of order statistics)
MeanExcess(soa$size, k=FALSE)

ReIns

Functions from "Reinsurance: Actuarial and Statistical Aspects"

v1.0.10

GPL (>= 2)

Authors

Tom Reynkens [aut, cre] (<https://orcid.org/0000-0002-5516-5107>), Roel Verbelen [aut] (R code for Mixed Erlang distribution, <https://orcid.org/0000-0002-2347-9240>), Anastasios Bardoutsos [ctb] (Original R code for cEPD estimator), Dries Cornilly [ctb] (Original R code for EVT estimators for truncated data), Yuri Goegebeur [ctb] (Original S-Plus code for basic EVT estimators), Klaus Herrmann [ctb] (Original R code for GPD estimator)

Initial release

2020-05-16

soa