Journal of Probability and Statistics / 2009 / Article / Tab 1

Research Article

When Inflation Causes No Increase in Claim Amounts

Table 1

Summary of simulated loss data.

Year Number of losses Average loss Number of observed losses Average of observed losses Sum of observed losses

1 1004 1.9813 37 9.8732 365.3071
2 971 2.1358 43 10.6640 458.5501
3 1029 2.1206 44 9.4408 415.3972
4 1063 2.3359 56 9.8994 554.3648
5 1026 2.3554 62 8.2097 509.0030
6 1030 2.5579 78 9.2125 718.5715
7 1003 2.7498 75 10.7216 804.1190
8 955 2.7866 71 10.0545 713.8679
9 982 3.1771 89 12.1130 1078.0582
10 1029 3.0533 92 9.8543 906.5962

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