Contents |
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Course Code
IAM 582 (9700582)
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Credit
(3-0) 3
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Prerequisites
Consent of instructor
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Content/Aims
Theory of compound interest, future lifetimes, life tables, life insurance, annuities and premiums, reserves and expenses, multiple decrements, claim amount modelling, basics of the stochastic modelling for life insurance
Establish a fundamental knowledge of life insurance modelling and insurance fund anagement, developing skills in life insurance premium and reserve calculations
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Learning Outcomes
Knowledge and skills in modelling and analysis life insurance contracts, assets and liabilities
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Outline
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Resources
Suggested textbooks, additional book readings, journal papers, exercises, homework assignments