MTPL {insurancerating}

Characteristics of 30,000 policyholders in a Motor Third Party Liability (MTPL) portfolio.

Description

A dataset containing the age, number of claims, exposure, claim amount, power, bm, and region of 30,000 policyholders.

Usage

MTPL

Format

A data frame with 30,000 rows and 7 variables:

age_policyholder

age of policyholder, in years.

nclaims

number of claims.

exposure

exposure, for example, if a vehicle is insured as of July 1 for a certain year, then during that year, this would represent an exposure of 0.5 to the insurance company.

amount

claim amount in Euros.

power

engine power of vehicle (in kilowatts).

bm

level occupied in the 23-level (0-22) bonus-malus scale (the higher the level occupied, the worse the claim history).

zip

region indicator (0-3).

Author(s)

Martin Haringa

Source

The data is derived from the portfolio of a large Dutch motor insurance company.