1. (25) Suppose claim amount for an insurance company follows a discrete distribution te PL 100 0.02 90 0.02 80 0.04 50 0.12 0 Find the cash values which company should hold to be able to cover claims completely with 95% 98% and 99% confidence levels.. 2. (25)Suppose claim amount for an insurance company follows a discrete distribution 0.8 c P. 0 0.6 100 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 R0.01 and TV R. Interpret your result 3(25). Suppose claim amount for an insurance company follows a Nu = 5,000,02 = 500,000) distribution annual mean and annual variance) Time horizon is one week . Find the cash values which company should hold to be able to cover claims completely with 95% 98% and 99% confidence levels on that week. 4.20% of claims follow a N (u = 5,000, 0 = 500,000) distribution and 80% of claims folow a Nu = 7,000,0? = 1000,000) distribution (annual mean and annual variance). Find the cash values which company should hold to be able to cover claims completely with 94% 96% and 97% confidence levels on that month