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ChainLadder (version 0.2.19)

plot.MunichChainLadder: Plot method for a MunichChainLadder object

Description

plot.MunichChainLadder, a method to plot the output of MunichChainLadder object. It is designed to give a quick overview of a MunichChainLadder object and to check the correlation between the paid and incurred residuals.

Usage

# S3 method for MunichChainLadder
plot(x,  mfrow=c(2,2), title=NULL, ...)

Arguments

x

output from MunichChainLadder

mfrow

see par

title

see title

...

optional arguments. See plot.default for more details.

Author

Markus Gesmann

Details

plot.MunichChainLadder shows four plots, starting from the top left with a barchart of forecasted ultimate claims costs by Munich-chain-ladder (MCL) on paid and incurred data by origin period; the barchart next to it compares the ratio of forecasted ultimate claims cost on paid and incurred data based on the Mack-chain-ladder and Munich-chain-ladder methods; the two residual plots at the bottom show the correlation of (incurred/paid)-chain-ladder factors against the paid-chain-ladder factors and the correlation of (paid/incurred)-chain-ladder factors against the incurred-chain-ladder factors.

See Also

See also MunichChainLadder

Examples

Run this code
M <- MunichChainLadder(MCLpaid, MCLincurred)
plot(M)

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