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SynthETIC  

Synthetic Experience Tracking Insurance Claims
View on CRAN: Click here


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

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

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



Attach the package and use:
library("SynthETIC")
Maintained by
Melantha Wang
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2020-08-24
Latest Update: 2024-01-27
Description:
Creation of an individual claims simulator which generates various features of non-life insurance claims. An initial set of test parameters, designed to mirror the experience of an Auto Liability portfolio, were set up and applied by default to generate a realistic test data set of individual claims (see vignette). The simulated data set then allows practitioners to back-test the validity of various reserving models and to prove and/or disprove certain actuarial assumptions made in claims modelling. 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, Wong B (2020) "SynthETIC: an individual insurance claim simulator with feature control" <doi:10.48550/arXiv.2008.05693>.
How to cite:
Melantha Wang (2020). SynthETIC: Synthetic Experience Tracking Insurance Claims. R package version 1.1.2, https://cran.r-project.org/web/packages/SynthETIC. Accessed 06 Oct. 2026.
Previous versions and publish date:
(2026-08-30 07:11), 0.1.0 (2020-08-24 17:50), 1.0.0 (2021-04-02 14:10), 1.0.1 (2021-06-26 17:50), 1.0.2 (2021-09-03 01:00), 1.0.4 (2023-04-16 09:50), 1.0.5 (2023-09-03 15:50), 1.1.0 (2024-01-28 00:50), 1.1.1 (2025-11-02 07:11)
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Complete documentation for SynthETIC
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