ILFGamma {NetSimR}

Increased Limit Factor Curve from a Gamma severity distribution

Description

Increased Limit Factor Curve from a Gamma severity distribution

Usage

ILFGamma(xLow, xHigh, shape, rate)

Arguments

xLow

A positive real number - the claim amount where the Increased Limit Factor Curve will be evaluated from.

xHigh

A positive real number - the claim amount where the Increased Limit Factor Curve will be evaluated to.

shape

A positive real number - the shape parameter of the Claim Severity's Gamma distribution.

rate

A positive real number - the rate parameter of the Claim Severity's Gamma distribution.

Value

The value of the Increased Limit Factor curve from xLow to xHigh with Claim Severity from a Gamma distribution with parameters shape and rate.

Examples

ILFGamma(1000,700,1,0.0005)
ILFGamma(1200,1000,1.5,0.0006)