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  • Portfolio Management with the Critical Event Cost Method
    Each event has an associated probability (“Prob”) in this table.  The loss (“Loss”) is the simulated total of  ...  and in others they differ.  Both approaches are valid.  In this table, events have been sorted on loss, from low to high ...

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    • Authors: John Major, Sherry Thomas
    • Date: Feb 2014
    • Competency: External Forces & Industry Knowledge
    • Topics: General Insurance (Property & Casualty)