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R Package - imaginator

Source: casact/imaginator: Randomly simulate inception and settlement of general insurance losses

This is a package which will simulate a set of individual claims with random occurrence, report and payment lags. This algorithm was first proposed by James Stanard, whose original paper may be found here: A SIMULATION TEST OF PREDICTION ERRORS OF LOSS RESERVE ESTIMATION TECHNIQUES.

Future developments may include multiple payments per claim, simulated case reserves.

Backlinks:

list from [[R Package - imaginator]] AND -"Changelog"