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SPLICE  

Synthetic Paid Loss and Incurred Cost Experience (SPLICE) Simulator
View on CRAN: Click here


Download and install SPLICE package within the R console
Install from CRAN:
install.packages("SPLICE")

Install from Github:
library("remotes")
install_github("cran/SPLICE")

Install by package version:
library("remotes")
install_version("SPLICE", "1.1.2")



Attach the package and use:
library("SPLICE")
Maintained by
Melantha Wang
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2021-09-13
Latest Update: 2023-04-16
Description:
An extension to the individual claim simulator called 'SynthETIC' (on CRAN), to simulate the evolution of case estimates of incurred losses through the lifetime of an insurance claim. The transactional simulation output now comprises key dates, and both claim payments and revisions of estimated incurred losses. An initial set of test parameters, designed to mirror the experience of a real insurance portfolio, were set up and applied by default to generate a realistic test data set of incurred histories (see vignette). However, the distributional assumptions used to generate this data set can be easily modified by users to match their experiences. Reference: Avanzi B, Taylor G, Wang M (2021) "SPLICE: A Synthetic Paid Loss and Incurred Cost Experience Simulator" <doi:10.48550/arXiv.2109.04058>.
How to cite:
Melantha Wang (2021). SPLICE: Synthetic Paid Loss and Incurred Cost Experience (SPLICE) Simulator. R package version 1.1.2, https://cran.r-project.org/web/packages/SPLICE
Previous versions and publish date:
1.0.0 (2021-09-13 10:40), 1.1.0 (2022-03-05 16:20), 1.1.1 (2023-04-16 09:40)
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