Synthetic Paid Loss and Incurred Cost Experience (SPLICE) Simulator
Overview
An extension to the individual claim simulator called 'SynthETIC' (on CRAN), to simulate the evolution of case estimates of incurred losses through the lifetime of an insurance claim. The transactional simulation output now comprises key dates, and both claim payments and revisions of estimated incurred losses. An initial set of test parameters, designed to mirror the experience of a real insurance portfolio, were set up and applied by default to generate a realistic test data set of incurred histories (see vignette). However, the distributional assumptions used to generate this data set can be easily modified by users to match their experiences. Reference: Avanzi B, Taylor G, Wang M (2021) "SPLICE: A Synthetic Paid Loss and Incurred Cost Experience Simulator" arXiv:2109.04058.
Minor improvements and fixes
- Update
generate_datafunction and included newtest_incurred_datasets_to
complement the inclusion of the claim_covariates sub-module in SynthETIC
version 1.1.0.
From NEWS.md in the release
Install
Health
NOTECRAN incoming feasibilityr-devel-linux-x86_64-debian-clang, r-devel-linux-x86_64-debian-gcc
Maintainer: ‘Melantha Wang <wang.melantha@gmail.com>’ The Description field contains Cost Experience Simulator" <arXiv:2109.04058>. Please refer to arXiv e-prints via their arXiv DOI <doi:10.48550/arXiv.YYMM.NNNNN>.
- NOTE11 OK, 2 NOTE2026-09-08
- ERROR10 OK, 2 NOTE, 1 ERROR2026-09-07
- NOTE12 OK, 2 NOTE2026-03-10
Documentation
- Help pages
- 9 (1 internal)includes a package overview page
- Examples that run
- 100%4 run in a plain check
- Exported functions with examples
- 57%
- Documented parameters
- 96%
- Return-value docs
- 100%
- Help pages citing references
- 0%
Downloads
Repository
- PRs merged (all time)
- 67%
- Median days to close, 50 most recently updated closed issues
- not measured
- Median days to close, 50 most recently updated closed PRs
- 14
Stars over time
Forks over time
Releases over time
Issues over time
PRs over time
Checks run against github.com/agi-lab/splice on 2026-10-21.
No development-tooling practices detected in the upstream repository.
Dependencies
Code & Tests
Datasets
People & History
Pick two releases to compare their code metrics.
- RR 4.6.0 released · 2026-04-24
- RR 4.5.0 released · 2025-04-11
- RR 4.4.0 released · 2024-04-24
- 1.1.2Latest
- RR 4.3.0 released · 2023-04-21
- 1.1.12023-04-16 · diff ↗
- RR 4.2.0 released · 2022-04-22
- 1.1.0
- 1.0.02021-09-13
- RR 4.1.0 released · 2021-05-18
Package metadata
- First published
- 2021-09-13
- Total releases
- 4 / 5 yrs
- License
- GPL-3 OSI
- Minimum R
- ≥ 2.10
- Bundled data
- 2.5 MB / 2 files
- Download size
- 2.5 MB
Cite
Cite this package
Run in R for the authors' entry:
citation("SPLICE")The package provides a citation file, so citation() returns the authors' own entry.
It points to 10.1017/s1748499522000057.
Cite the R Observatory
For a number measured here: a download total, a coverage figure, an archival date.
From data release v2026-10-24, which the citation names so these numbers can be found later. More on citing and the projects behind them.