Table M

[CLTung]

Hi,

Does anyone has the schedule of table M? Please share with you if you have one.

Thanks

In between, I quite confuse on the a statement from Siewert paper which sound like below:
"The intent of increasing expected losses for the use of a per occurrence limit is to utilize a less dispersed loss ratio distribution and, consequently, a smaller insurance charge."
In my view, increase in expected losses, it should not affect the dispersed loss ratio. Please share your view with me if you have any idea.

[Theo Walcott's Hatrick]

I don't have one, and I don't think you need one for Paper 6 - you may need to know what it is and what it does, but I don't think you need the table itself

[Archen]

I think that paper was written badly. He used the terms 'per occurrence limit ' and 'aggregate limit', but they both had a different meaning from what we usually use in practice.

About that sentence, I think he referred to the limited loss(capped loss) rather than the excess loss. Excess loss can only have a more dispersed loss ratio distribution. After using a per occurrence limit, X turns to X|X<=L. Then the loss ratio distribution becomes less dispersed and insurance charge becomes smaller as well. But to be honest, I can't confirm what I think is what the author thought.

[Avi]

I thought Tables M and L were tested on Part 9, at least they were when I took the exam