Suppose you have a triangle in Excel that you would like to analyze in R. In Excel, select the cells comprising the triangle including the labels identifying accident year and age and copy to the clipboard.
Oct 6, 2014
This week the Frys.com Open golf tournament takes place at the Silverado Resort and Spa in Napa, California. Besides volunteering as Shotlink operators, AIM supporters will also be manning a booth. Come on by to learn more and meet some nice mathematicians!
Oct 5, 2014
One of the requirements of the popular stochastic reserving method known as the Mack Method (see for example Dr. Mack's original paper, Murphy's original paper, Barnett & Zehnwirth, and others) is that the actuary select one of the "standard" averages, such as the simple or volume-weighted averages of the observed link ratios. If an actuary's selection differs from one of those then -- strictly speaking -- the results of the papers above do not apply.