Here I have a data frame that shows incremental claim payments over time for different loss occurrence (origin) years.
The format of the data frame above is how this kind of data is usually stored in a data base. However, I would like to see the payments of the different origin years in rows of a matrix.
The first idea might be to use the
reshapefunction, but that would return a
data.frame. Yet, it is actually much easier with the
matrixfunction itself. Most of the code below is about formatting the dimension names of the matrix. Note that I use the
withfunction to save me a bit of typing.
An elegant alternative to
acastfunction of the
reshape2package. It has a nice formula argument and allows me not only to specify the aggregation function, but also to add the margin totals.