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SynthETIC
View on CRAN: Click
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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", "1.1.1") Attach the package and use:
library("SynthETIC")
Maintained by
Melantha Wang
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[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 1.1.1, https://cran.r-project.org/web/packages/SynthETIC. Accessed 15 Jul. 2026.
Previous versions and publish date:
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Complete documentation for SynthETIC
Functions, R codes and Examples using
the SynthETIC R package
Some associated functions: SynthETIC-package . claim_closure . claim_frequency . claim_notification . claim_occurrence . claim_output . claim_payment_delay . claim_payment_inflation . claim_payment_no . claim_payment_size . claim_payment_time . claim_size . claims . cv . generate_claim_dataset . generate_transaction_dataset . get_Beta_parameters . get_Weibull_parameters . plot.claims . return_parameters . set_parameters . simulate_cdf . test_claim_dataset . test_claims_object . test_transaction_dataset . to_SynthETIC .
Some associated R codes: SynthETIC-package.R . claims_class.R . data.R . features_01_claim_occurrence.R . features_02_claim_size.R . features_03_claim_notification.R . features_04_claim_closure.R . features_05_claim_payment_count.R . features_06_claim_payment_size.R . features_07_claim_payment_time.R . features_08_claim_inflation.R . output.R . parameters.R . stats.R . to_SynthETIC.R . Full SynthETIC package functions and examples
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