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An insurance company is covered by occurrence reinsurance with a layer of 750 and an attachment of 250. In a given year, it experiences individual
An insurance company is covered by occurrence reinsurance with a layer of 750 and an attachment of 250. In a given year, it experiences individual loss occurrences of 50, 850, 300, and 2,100. What are the annual aggregate gross and net loss amounts for the company?
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