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From Paul Klauke Internal tel 723 5624
Actuary Direct tel +44 (0) 171 454 5624
on 24/07/98 17:28 Direct fax +44 (0) 171 696 5336
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In Gillam/Snyder I'm having trouble interpretting
'd/dE[Z/E} < 0' (top of page 4)
as
'As the size of risk increases, the percentage charge for any
loss of a given size decreases.' (bottom of page 3)
Any help?
Paul