Hi @sandrodjay1
Yes this is true that it doesn’t make sense to do it for “free” however, large losses that appear in the real world are no where near the scale of what we had in the dataset given the entire market sizes.
So for example the largest loss in week 6 would have accounted for 25% of the revenue of the whole market, not just one company. That is unrealistic for any given market even with reinsurance. The reason our values are a little different to the real world is because real world markets are much larger than a few thousand policies (even tens of thousands).
So we’ve tried to balance this out by also capping the claims while taking inspiration from the real world on where to set the cap. See this announcement for the details!