Introduction to Actuarial Modeling

Undergraduate

Introduction to long-term insurance coverages (life insurance, annuities, pensions); survival models and life tables; life insurance benefits; life annuities. Introduction to short-term insurance coverages (property and casualty insurance); frequency and severity distributions; aggregate claim models; parametric and nonparametric estimations. Course Format: Lecture, 3 hours per week; Lab/Tutorial 1 hour per week Prerequisite(s): MATH 2P75, one of MATH 1P98 and MATH 2P81, or permission by the instructor Course Notes: This course may be offered in multiple modes of delivery. The method of delivery will be listed on the academic timetable, in the applicable term.