ABSTRACT

Exercise 3.3.34 Cons ider an insured risk where the probabi l i ty of

one c la im i n a year is evaluated to be 0.01 and the possibi l i ty of

more than one c la im can be ignored. The size of the c la im can be

at least \fl and at most 10 being distributed i n between these l imits

according to S(Z)= 1 — 2 Z ~ 3 . Calculate the risk premiums i n the

case where the policyholder 's deductible is 2.