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General Insurance Deductible Ratemaking with Applications to the Local Government Property Insurance Fund
coverage, u, then the loss elimination ratio is LER(d) = ∫ d 0 yfY (y)dy + d ∫ u d fY (y)dy∫ u 0 yfY ... E[Sg(d0)] = E[N ] ∫ u d (1− FY (y))dy E[N ] ∫ u d0 (1− FY (y)dy = ∫ u d (1− FY (y))dy∫ u d0 (1− FY (y))dy ...- Authors: Gee Lee, Edward Frees
- Date: Nov 2016
- Competency: External Forces & Industry Knowledge
- Topics: General Insurance (Property & Casualty)>Pricing/ratemaking - General Insurance
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General Insurance Deductible Ratemaking with Applications to the Local Government Property Insurance Fund Supplement
out <- CreateData(B) out1 <- GetRels() Y.mu <- 2000 Yalpha <- 2.5534937 N.mu <- 1 B <- 10000 set ... CreateData(B) outnew1 <- GetRelsNew() Y.mu <- 2000 Yalpha <- 2.5534937 N.mu <- 1 B <- 10000 set ...- Authors: Gee Lee, Edward Frees
- Date: Nov 2016
- Competency: External Forces & Industry Knowledge
- Topics: General Insurance (Property & Casualty)>Pricing/ratemaking - General Insurance