NpaidPrior {DCL}

Number of non-zero payments (adding prior knowledge example)

Description

It is a yearly run-off (incremental) triangle consisting of the number of non-zero payments during 14 years. These data were used in the empirical illustration provided by Martinez-Miranda, Nielsen, Verrall and Wuthrich (2013).

Usage

data(NpaidPrior)

Format

Matrix with dimension 14 by 14: 14 undewriting years and 14 development years.

Source

Martinez-Miranda, M.D., Nielsen, J.P., Verrall, R. and Wuthrich, M.V. (2013) Double Chain Ladder, Claims Development Inflation and Zero Claims. Scandinavian Actuarial Journal. In press.

Examples

data(NpaidPrior)
Plot.triangle(NpaidPrior)