motorins               package:faraway               R Documentation

_T_h_i_r_d _p_a_r_t_y _m_o_t_o_r _i_n_s_u_r_a_n_c_e _c_l_a_i_m_s _i_n _S_w_e_d_e_n _i_n _1_9_7_7

_D_e_s_c_r_i_p_t_i_o_n:

     In Sweden all motor insurance companies apply identical risk
     arguments to classify customers, and thus their portfolios and
     their claims statistics can be combined. The data were compiled by
     a Swedish Committee on the Analysis of Risk Premium in Motor
     Insurance. The Committee was asked to look into the problem of
     analyzing the real influence on claims of the risk arguments and
     to compare this structure with the actual tariff.

_U_s_a_g_e:

     data(motorins)

_F_o_r_m_a_t:

     A data frame with 1797 observations on the following 8 variables.

     _K_i_l_o_m_e_t_r_e_s an ordered factor  representing kilomoters per year
          with levels 1: < 1000, 2: 1000-15000, 3: 15000-20000, 4:
          20000-25000, 5: > 25000

     _Z_o_n_e a factor representing geographical area with levels 1:
          Stockholm, Göteborg, Malmö with surroundings 2: Other large
          cities with surroundings 3: Smaller cities with surroundings
          in southern Sweden 4: Rural areas in southern Sweden 5:
          Smaller cities with surroundings in northern Sweden 6: Rural
          areas in northern Sweden 7: Gotland

     _B_o_n_u_s No claims bonus. Equal to the number of years, plus one,
          since last claim

     _M_a_k_e A factor representing eight different common car models. All
          other models are combined in class 9

     _I_n_s_u_r_e_d Number of insured in policy-years

     _C_l_a_i_m_s Number of claims

     _P_a_y_m_e_n_t Total value of payments in Skr

     _p_e_r_d payment per claim

_S_o_u_r_c_e:

     <URL: http://www.statsci.org/data/general/motorins.html>

_R_e_f_e_r_e_n_c_e_s:

     Hallin, M., and Ingenbleek, J.-F. (1983). The Swedish automobile
     portfolio in 1977. A statistical study. Scandinavian Actuarial
     Journal, 49-64.

