Description Usage Arguments Details Value Examples

`xl`

defines an object of class `XL`

(`XL-class`

), which represents an Excess of Loss treaty.

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`ded` |
Numeric. Deductible amount of the treaty. Should be superior to 0. |

`lim` |
Numeric. Limit amount for the treaty. Should be superior to 0. May be equal to |

`aal` |
Numeric. Annual Aggregate Deductible amount of the treaty. Should be superior to 0. |

`aad` |
Numeric. Annual Aggregate Limit amount for the treaty. Should be superior to 0. May be equal to |

`prm` |
Numeric. Premium rate, which represents the proportion of the premium given to the reinsurer as price for the treaty. Should be between 0 and 1. |

`rns` |
Numeric vector. Reinstatement prices. Vector of lentgh equals to the number of reinstatements with each value equals the price of the reinstatement. |

`ptf` |
Vector. List of portfolios on which the treaty is to be applied on. Default value set to all. |

Reinstatements are the number of time the limit can be reconstructed. The vector given for this parameter will be an indication of the price for each reinstatement. For example, a `rns`

value of `c(0, 1)`

will give one free reinstatement and one reinstatement paid 100% of the premium before totally consuming the limit.

An object of class `XL`

(`XL-class`

), initialized with the values given in input. Its basic methods are:

`show`

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