policies_simulate {imaginator}

Simulate a data frame of policies

Description

Given a starting number of policies, this function will generate additional years of policy data.

Growth is given as a the positive rate of growth of new policies. This may be set to zero.

Retention is given as the portion of expiring policies which will renew.

Usage

policies_simulate(
  n,
  policy_years,
  num_years,
  exposure = 1,
  retention = 1,
  growth = 0,
  start_id = 1,
  additional_columns
)

Arguments

n

An integer giving the number of policies in the first year

policy_years

A vector of integers in sequence

num_years

The number of years to simulate. If 'policy_years' is given, this is ignored.

exposure

Exposure per policy

retention

A vector indicating loss of policies

growth

A vector indicating the rate of growth of policies

start_id

Integer of the first number in the policy ID sequence

additional_columns

A list of addtional column names and values

Value

A data frame of policy data