Claims reserving analytics (10/06/2021) (3 CPD)
This workshop introduces the essential concepts of building insurance loss models with R.
This session puts focus on reserving analytics. Starting from a granular data set with the development of individual claims, you will learn how to get useful insights from the data. Step-by-step you will move from the granular data to aggregated data in a run-off triangle. You will fit the famous chain ladder method and examine its validity on the given data. Alternative modelling strategies based on recent research will be discussed.
The course offers a good mix of theory, examples and hands-on coding demonstrations with R and RStudio.
The online session will be organized via MS Teams or Zoom.
Since (at least) two teachers will run the course, participants have the possibility to join a break out room for one-on-one assistance regarding questions or coding examples.