000.00 You are given the following extract from a YLT based on a cat model with 100 simulated years. It is sorted by descending maximum loss and shows the top 20 rows. No. Annual Loss Max Loss 1 411.2 396.0 2 252.8 248.6 3 206.0 185.9 115.5 112.3 5 102.8 99.3 6 85.3 79.6 7 77.6 64.4 8 67.4 59.9 9 56.0 51.7 10 52.1 46.5 11 48.4 40.2 12 49.2 35.5 13 40.4 32.9 14 38.1 29.1 15 42.2 28.0 16 47.3 25.3 17 30.6 23.7 18 29.5 21.2 19 40.9 20 23.3 19.0 19.4 a. What is the 10 year occurrence PML? b. What is the 20 year occurrence PML? c. What can you say about the size of the 20 year aggregate PML? (2 points) d. Your manager tells you that that the model was actually based on 200 simulation years, not 100. What is the revised 20 year occurrence PML? 000.00 You are given the following extract from a YLT based on a cat model with 100 simulated years. It is sorted by descending maximum loss and shows the top 20 rows. No. Annual Loss Max Loss 1 411.2 396.0 2 252.8 248.6 3 206.0 185.9 115.5 112.3 5 102.8 99.3 6 85.3 79.6 7 77.6 64.4 8 67.4 59.9 9 56.0 51.7 10 52.1 46.5 11 48.4 40.2 12 49.2 35.5 13 40.4 32.9 14 38.1 29.1 15 42.2 28.0 16 47.3 25.3 17 30.6 23.7 18 29.5 21.2 19 40.9 20 23.3 19.0 19.4 a. What is the 10 year occurrence PML? b. What is the 20 year occurrence PML? c. What can you say about the size of the 20 year aggregate PML? (2 points) d. Your manager tells you that that the model was actually based on 200 simulation years, not 100. What is the revised 20 year occurrence PML