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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.

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. The table below shows the top 20 rows.

Number Annual Loss Max Loss
1 411.2 396.0
2 252.8 248.6
3 206.0 185.9
4 115.5 112.3
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 19.4
20 23.3 19.0

What is the 10-year occurrence PML?

What is the 20-year occurrence PML?:

What can you say about the size of the 20-year aggregate PML?

Your manager tells you that the model was actually based on 200 simulation years, not 100. What is the revised 20 year occurrence PML?

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