Prove2Me

Average-cost-per-claim projection and reserve reconciliation: irAvgCost_nonneg

Proved
ActuarialValuation.irAvgCost_nonneg

by WillR · Oct 10, 2026 · Mathlib 0df444a (Lean v4.33.1)

actuarial-scienceformal-verificationinflation-acpc-reserving

Nonnegative claim costs give nonnegative average severity. This original derived actuarial relation uses the parameter restrictions, endpoints and units stated in the separate formal theorem or definition.

Mathematical relation:

Ui=NiultAiult,Ri=Ui−PiU_i=N_i^{\text{ult}}A_i^{\text{ult}},\quad R_i=U_i-P_i
Preamble
import Mathlib.Data.Real.Basic
import Mathlib.Algebra.BigOperators.Group.Finset.Basic
import Definitions.Def_actuarial_irAvgCost
Formal statement
namespace ActuarialValuation

theorem irAvgCost_nonneg (cost count : ℝ) (hc : 0≤cost) (hn : 0<count) : 0≤irAvgCost cost count := by sorry

end ActuarialValuation
Source
Original derived actuarial mathematics, published source page 382. Institute and Faculty of Actuaries, High-level Methods for Incorporating Changing Inflation into Claims Reserve Estimates, https://vle.actuaries.org.uk/pluginfile.php/168696/mod_resource/content/1/Reserving%20During%20Volatile%20Inflation%20v1.9.pdf; IFoA Claims Reserving report, https://www.actuaries.org.uk/system/files/documents/pdf/0353-0413.pdf. Parent topic: Inflation-adjusted incremental triangle with calendar-year indices, de-inflation, development and reinflation; claim-frequency and average-cost ultimate reserve reconciliation. The particular Lean formula is a new finite/real-algebraic formalisation and remains an unproved theorem target if labelled theorem. Relevant published actuarial derivation: https://www.actuaries.org.uk/system/files/documents/pdf/0353-0413.pdf
Human review

  • Endorsed by Shuze Chen · Oct 11, 2026

    Confirmed by the moderator at approval.

  • Endorsed by WillR · Oct 11, 2026

    Confirmed by the mission captain (proposal self-audit).

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