everything.study
STAT 3661

Life Contingent Risk Modelling I

0.5 credit · Undergraduate

Introduction to life insurance; traditional and modern insurance contracts; underwriting; premiums; present value random variable; force of mortality; life tables; insurance benefits; annuities; premium calculation, reserves.

2020

Readings

  • Textbook: Actuarial Mathematics for Life Contingent Risks, Second Edition, by David Dick- son, Mary Hardy and Howard Waters (2013), Cambridge University Press. Its solutions
  • Actuarial Mathematics for Life Contingent Risks, Second Edition, by David Dick- son, Mary Hardy and Howard Waters (2013), Cambridge University Press. Its solutions

Prerequisites & course information

Prerequisite(s): STAT 2660 and STAT 3660 , or permission of the School. Lectures three hours a week, tutorial one hour a week.

Sources