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Mode ling Section yy Combined deductible J ard hat ’v tag ahallis ob » Cas}: pe dees Suppose that a ay abatrerts —\emeugt X cea } Heat ped by He oner ge ih iy Sl | ae Yorgxed odexep EE vd bx % (xa0)- fad) (Fld) 3 ye0 fel» i Fig si Faiths Falyed) socyerd FiO) excya) _ 8 I Sle) cud dor ud - ~ Expected cost per loss {2 Fano love | Loss Eli)» £m) End) ) me ieeearpt shes te) WOrd) Piolo #ud )Li-Rcull fu-d: Polity Limit J FEMI & [stad G Zhe ovasioayn actin) aquble The vasure For the second momen ee EW) 2 SP bed Rllde 4 (u-d)® Selo) “Vase {Elan -ELbas) ~ 2d belt) Var (Ye)= Ety2)-Jetyj g Cost per payment oie cea fina| ds Vii botion of He amet paid by Phe insuter, gives Hel the bss of yd) Yo=(% | x3, R Jb ek yeus ( d) Flytd)~Fx ld} yh) > Safe yrued 6 Raye xd o

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