Example of the adjustment of loss distribution as a consequence of changing risk
Created 12 Nov 2009
Published 12 Nov 2009
Last modified 29 Nov 2012, 11:38 AM
Models can produce a probable maximum loss (PML) curve, a chart that is a function of the highest amount an insurer is set to lose at a range of return periods (years).
For references, please go to www.eea.europa.eu/soer or scan the QR code.
This briefing is part of the EEA's report The European Environment - State and Outlook 2015. The EEA is an official agency of the EU, tasked with providing information on Europe's environment.
PDF generated on 27 May 2016, 07:10 PM