Fisher.AggExcess — BattleActs Exam 8 Forum

Per-occurrence limit vs Per-occurrence deductible

franzp98 — Sat, 07 Sep 2024 21:03:58 +0000

I am going through the wiki for this section now and noticed that in some sections the notes refer both to the "per-occurrence deductible" as well as the "per-occurrence limit."

Am I right in assuming that these are being used interchangeably? Or is there a notable difference in the meaning of these terms.

2013 Q15

downthesun01 — Mon, 11 Sep 2023 22:36:57 +0000

I'm trying to better understand the insurance charge and insurance savings for Table L. What would be the table L insurance charge phi at r1? Is it B + E + F + H + I? What about the table L insurance savings at r2? Is that A + B + D + E?

Thanks

[math]\phi[/math]

Table M and Insurance Charges (Easy)

stratthixx — Sun, 18 Jul 2021 00:12:22 +0000

Can you explain in detail using an example, how to obtain the bounds? I cannot get any of these correct and have no idea why. I have the same dF(y) but never arrive at the same answers.

Insurance Savings Practice Problem

jmoore13 — Sat, 22 Jul 2023 23:06:26 +0000

I'm really struggling with the exponential Insurance Savings example. I think it's not clear to me why we need the pdf of the exponential distribution. Why can't we just take the derivative of the CDF like we did in the Insurance Charge example? I can see it doesn't seem to work out the same way if I try to do that, but just confused on why.

Distributions - Table M and Insurance Charges (Easy)

ecasp12 — Tue, 31 Aug 2021 19:41:38 +0000

Can you show how you derived the dF(y) distribution in the Table M and Insurance Charges (Easy) problem set?

Even after reading the source material, I can't understand how to go from a uniform distribution for the actual losses to this distribution for Y = A/E.