test_incurred_dataset {SPLICE} | R Documentation |
Incurred Case Estimates Dataset
Description
A dataset of 31,250 records of transactions (partial payments and incurred
revisions) associated with the 3,624 claims described in SynthETIC
's
test_claim_dataset
. The _inflated
version includes
inflation adjustment in the case estimates, while the _noInf
version
excludes any inflation effects.
Usage
test_incurred_dataset_noInf
test_incurred_dataset_inflated
Format
A data frame with 31,250 rows and 9 variables:
- claim_no
claim number, which uniquely characterises each claim.
- claim_size
size of the claim (in constant dollar values).
- txn_time
double; the "absolute" time of transaction (on a continuous time scale).
- txn_delay
delay from notification to the subject transaction.
- txn_type
character; nature of the transactions, "Ma" for major revision, "Mi" for minor revision, "P" for payment, "PMa" for major revision coincident with a payment, "PMi" for minor revision coincident with a payment.
- incurred
double; case estimate of total incurred loss immediately after the transaction.
- OCL
double; case estimate of outstanding claim payments immediately after the transaction.
- cumpaid
double; cumulative claim paid after the transaction.
- multiplier
revision multipliers (subject to further constraints documented in
claim_history
),NA
for transactions that do not involve a revision. Note that major revision multipliers apply to the incurred losses, while minor revision multipliers apply to the outstanding claim payments.