| ILFSlicedLNormPareto {NetSimR} | R Documentation |
Increased Limit Factor Curve from a Sliced LogNormal Pareto severity distribution
Description
Increased Limit Factor Curve from a Sliced LogNormal Pareto severity distribution
Usage
ILFSlicedLNormPareto(xLow, xHigh, mu, sigma, SlicePoint, shape)
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. |
mu |
A real number - the first parameter of the attritional Claim Severity's LogNormal distribution. |
sigma |
A positive real number - the second parameter of the attritional Claim Severity's LogNormal distribution. |
SlicePoint |
A positive real number - the slice point and the scale parameter of the tail Claim Severity's Pareto distribution. |
shape |
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 LogNormal distribution with parameters mu and sigma and a large claim Pareto distribution with parameters SlicePoint and shape.
Examples
ILFSlicedLNormPareto(800,1200,6,1.5,1000,1.2)
ILFSlicedLNormPareto(2000,4000,7,1.6,3000,1.4)