Auto {HoRM}

Canadian Auto Insurance Dataset

Description

This dataset is from The Statistical Unit of the Canadian Underwriters' Association collated automobile insurance policies (policy years 1956 and 1957) for private passenger automobile liability for non-farmers in Canada excluding those in the province of Saskatchewan.

Usage

data(Auto)

Format

This data frame consists of 20 categories (rows) and 6 variables (columns):

• Merit Merit rating of policyholder.

• Class Class rating of policyholder.

• Insured Earned car years under the policy.

• Premiums Earned premium at present rates (in 1000's of Canadian dollars).

• Claims Number of claims incurred.

• Cost Incurred losses (in 1000's of Canadian dollars).

Source

Bailey, R. A. and Simon, L. J. (1960), Two Studies in Automobile Insurance Ratemaking, ASTIN Bulletin, 1, 192–217.

References

Young, D. S. (2017), Handbook of Regression Methods, CRC Press.