J
jensen
Member
Hi
I understand that exposure curves Gx cannot go below the diagonal becoz the diagonal already represents total loss.
What about risks written on PML or EML basis? How do these apply here, now that the actual loss can be greater than the "sum insured".
Thanks.
I understand that exposure curves Gx cannot go below the diagonal becoz the diagonal already represents total loss.
What about risks written on PML or EML basis? How do these apply here, now that the actual loss can be greater than the "sum insured".
Thanks.