summary.MunichChainLadder {ChainLadder}

Summary and print function for Munich-chain-ladder

Description

summary and print methods for a MunichChainLadder object

Usage

## S3 method for class 'MunichChainLadder'
summary(object, ...)

## S3 method for class 'MunichChainLadder'
print(x, ...)

Arguments

x, object

object of class "MunichChainLadder"

...

optional arguments to print or summary methods

Details

print.MunichChainLadder calls summary.MunichChainLadder and prints a formatted version of the summary.

Value

summary.MunichChainLadder gives a list of two elements back

ByOrigin

data frame with Latest Paid (latest actual paid claims costs), Latest Incurred (latest actual incurred claims position), Latest P/I Ratio (ratio of latest paid/incurred claims), Ult. Paid (estimate ultimate claims cost based on the paid triangle), Ult. Incurred (estimate ultimate claims cost based on the incurred triangle),Ult. P/I Ratio (ratio of ultimate paid forecast / ultimate incurred forecast)

Totals

data frame of totals over all origin periods. The items follow the same naming convention as in ByOrigin above

Author(s)

Markus Gesmann

See Also

See also MunichChainLadder, plot.MunichChainLadder

Examples

M <- MunichChainLadder(MCLpaid, MCLincurred)
M
summary(M)
summary(M)$ByOrigin