An insurance company has ance policies: Type of policy Number Trucking 570 Rail 490 Other 220 the following portfolio of inland marine insur- Probability of claim 0.0833 0.0142 0.0351 mean standard claim deviation $1,502 $4,820 $14,814 $89,241 $4,424 $6,395 They model aggregate losses using a Pareto distribution. Calculate the cost of reinsuring losses above $2,000,000, if there is a 35% loading on the reinsurance premium