# name
An introduction to the Generalized Multivariate Chain-Ladder Model: The use of the “ChainLadder” package in R.

# metadata.dc.description[].value
Treballs Finals del Màster de Ciències Actuarials i Financeres, Facultat d'Economia i Empresa, Universitat de Barcelona, Curs: 2022-2023, Tutores: Eva Boj del Val and Teresa Costa Cor

# metadata.dc.description.abstract[].value
The aim of this work is to deepen into a stochastic variant of the classic Chain-Ladder model to calculate claims reserves of an insurance company. Specifically, we will focus on the stochastic Generalized Multivariate Chain-Ladder model (GMCL). 
First, the classic deterministic method will be explained. Then, we will introduce the stochastic method and develop a practical example by using both methods to see the differences in the estimations. 
The function MultiChainLadder of the ChainLadder package for R (R Development Core Team, 2023) will be used

# metadata.dc.source[].value
Màster Oficial - Ciències Actuarials i Financeres (CAF)

# metadata.dc.title[].value
An introduction to the Generalized Multivariate Chain-Ladder Model: The use of the “ChainLadder” package in R.