| ILFSlicedGammaPareto {NetSimR} | R Documentation |
Increased Limit Factor Curve from a Sliced Gamma Pareto severity distribution
Description
Increased Limit Factor Curve from a Sliced Gamma Pareto severity distribution
Usage
ILFSlicedGammaPareto(xLow, xHigh, GShape, GRate, SlicePoint, PShape)
Arguments
xLow |
A positive real number - the claim amount where the Limit Factor Curve will be evaluated from. |
xHigh |
A positive real number - the claim amount where the Limit Factor Curve will be evaluated to. |
GShape |
A positive real number - the shape parameter of the attritional Claim Severity's Gamma distribution. |
GRate |
A positive real number - the rate parameter of the attritional Claim Severity's Gamma distribution. |
SlicePoint |
A positive real number - the slice point and the scale parameter of the tail Claim Severity's Pareto distribution. |
PShape |
A positive real number - the shape parameter of the tail Claim Severity's Pareto distribution. |
Value
The value of the Increased Limit Factor curve from xLow to xHigh with an attritional claim Gamma distribution with parameters GShape and GRate and a large claim Pareto distribution with parameters SlicePoint and PShape.
Examples
ILFSlicedGammaPareto(2000,3000,1,0.0005,1000,1.2)
ILFSlicedGammaPareto(800,1000,1.1,0.0006,2000,1.6)
ILFSlicedGammaPareto(1200,2000,1.2,0.0004,3000,1.4)