summary.MackChainLadder function

Summary and print function for Mack-chain-ladder

summary and print methods for a MackChainLadder

object

## S3 method for class 'MackChainLadder'
summary(object, ...)

## S3 method for class 'MackChainLadder'
print(x, ...)

Arguments

• x, object: object of class "MackChainLadder"
• ...: optional arguments to print or summary methods

Details

print.MackChainLadder calls summary.MackChainLadder and prints a formatted version of the summary.

Returns

summary.MackChainLadder gives a list of two elements back - ByOrigin: data frame with Latest (latest actual claims costs), Dev.To.Date (chain-ladder development to date), Ultimate (estimated ultimate claims cost), IBNR

(estimated IBNR), `Mack.S.E` (Mack's estimation of the standard error of the IBNR), and `CV(IBNR)` (Coefficient of Variance=Mack.S.E/IBNR)

• Totals: data frame of totals over all origin periods. The items follow the same naming convention as in ByOrigin above

Author(s)

Markus Gesmann

See Also

See also MackChainLadder, plot.MackChainLadder

Examples

R <- MackChainLadder(RAA)
 R
 summary(R)
 summary(R)$ByOrigin$Ultimate