Layer_Mean.PPP_Model: Expected Loss of a Reinsurance Layer

Description Usage Arguments Value Examples

View source: R/CollectiveModelMethods.R

Description

Calculates the expected loss of a reinsurance layer for a PPP_Model

Usage

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## S3 method for class 'PPP_Model'
Layer_Mean(CollectiveModel, Cover = Inf, AttachmentPoint = 0)

Arguments

CollectiveModel

PPP_Model object.

Cover

Numeric. Cover of the reinsurance layer. Use Inf for unlimited layers.

AttachmentPoint

Numeric. Attachment point of the reinsurance layer.

Value

The expected loss of the layer Cover xs AttachmentPoint for the given CollectiveModel

Examples

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PPPM <- PiecewisePareto_Match_Layer_Losses(Example1_AP, Example1_EL)
PPPM
Example1_Cov <- c(diff(Example1_AP), Inf)
Example1_AP
Example1_Cov
Example1_EL
Layer_Mean(PPPM, Example1_Cov, Example1_AP)

Pareto documentation built on March 3, 2021, 5:07 p.m.