Figure 2: The effect of compression and merging on the US Hurricanes ELT. The curves show the values of the Moment bound on the exceedance probability for one-year total losses. All values of d larger than − 7 (only two rows) give very similar outcomes, with values of − 5 or larger being effectively identical, and overlaid on the Figure. Values for s, $m Pr S$^{≥}$ s 0 10 20 30 40 0.0 0.2 0.4 0.6 0.8 1.0 Number of rows d = −7: 2 d = −6: 20 d = −5: 167 d = −4: 1145 d = −3: 5017 d = −2: 15078 d = −1: 25865 d = 0: 32060 0 0.05 0.1 0.15 19