sstModel: health – R documentation

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health

Constructing a Health Delta-Normal Term with Respect to healthRisk

Description

health is the constructor for the S3 class health. It allows to build for the sensitivities (understood as volatilities) for health insurance risks.

Usage

health(name, currency, sensitivity)

Arguments

`name`	character value. the names of the health risk factors. Note that no duplicated names should appear.
`currency`	character value. The currencies in which `sensitivity` are expressed.
`sensitivity`	positive numeric value. The sensitivities with respect for the corresponding risk-factors. Sensitivities must be expressed in the corresponding currency in the column `currency`. Nevertheless, it is forced at construction of a `portfolio` that the sensitivities should be provided in the `portfolio` base currency. Please note that the sensitivities are understood as volatilities for the the corresponding risks, we thus force the sensitivities to be strictly positive.

Value

An S3 object, instance of the class health.

Note

All parameters must be of equal length.

Examples

# Creating a new health.
health1 <- health(name        = c("pandemy", "longetivity", "storno"),
                  currency    = c("EUR", "CHF", "EUR"),
                  sensitivity = c(100, 150, 130))

sstModel

Swiss Solvency Test (SST) Standard Models

v1.0.0

GPL-3 + file LICENSE

Authors

Loris Michel [aut], Melvin Kianmanesh Rad [aut], Adrien Lamit [aut], Michael Schmutz [cre], Swiss Financial Market Supervisory Authority FINMA [cph]

Initial release