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Suppose claim amount for an insurance company follows a discrete distribution ? Pc 0 0

Finance

Suppose claim amount for an insurance company follows a discrete distribution ? Pc 0 0.5 100 0.4 200 0.05 500 0.04 1000 0.005 10000 0.005 Find the cash values which company should hold to be able to cover claims completely with 95% and 99% confidence levels. Calculate Tail risks TV a Ro.01 and TVAR.Interpret your result

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