policy_data {ascentTraining}

Insurance Policy Data

Description

Insurance Policy Data

Usage

policy_data

policyData

Format

A data frame with 926 observations on the following 13 variables.

Year

The four digit year of the policy

PolicyNo

The policy number

TotalPremium

The total insurance premium

BonusMalus

Discount level

WeightClass

The weight class of the car

Region

Region of the car owner

Age

Age of the main driver

Mileage

Estimated annual mileage

Usage

Car usage

PremiumClass

Class of the car

NoClaims

Number of previous claims

GrossIncurred

Claim cost

Exposure

How long they have been driving

Details

This dataset has be renamed using tidyverse-style snake_case naming conventions. However the original name of the dataset has been kept to ensure backwards compatibility with the book SAMS Teach Yourself R in 24 Hours (ISBN: 978-0-672-33848-9).

Source

Simulated based on details of how to simulate car insurance data in Modern Actuarial Risk Theory Using R 2nd Edition (Rob Kaas, Marc Goovaerts, Jan Dhaene, Michel Denuit)