Simulate_Losses function

Simulate Losses with a Collective Model

Simulates losses with a collective model

Simulate_Losses(CollectiveModel, nyears = 1)

Arguments

• CollectiveModel: A collective model object. Currently only PPP_Models are handled.
• nyears: Integer. Number of simulated years.

Returns

A matrix where row k contains the simulated losses of the kth simulated year.

Examples

PPPM <- PiecewisePareto_Match_Layer_Losses(c(1000, 2000, 3000), c(2000, 1000, 500),
                                           truncation = 10000, truncation_type = "wd")
PPPM
Simulate_Losses(PPPM, 100)