Course Code ACTSC 431
Course Title Casualty and Health Insurance Mathematics 2
Online Offers No offers currently scheduled.
Last offer: Spring 2021
Course Location Online
Credit Weight 0.5
Course Description

Advanced models for loss frequency: (a, b, 1) class, mixed and compound Poisson models; concept of infinite divisibility; advanced models for loss severity: combination of exponentials, mixed Erlang, extreme value distributions; measure of distribution tails; impact of policy adjustments on loss frequency and severity; estimation; advanced aggregate claims models: properties, analytic results, (double) recursion, and pricing; risk measures. Other topics which may be covered include aggregate claim models with dependence, time-dependent claims, and ruin theory. [Offered: F,S]

Typical terms may not reflect online offerings.

Course Work and Exam Spring 2020 course outline (note 2)
Requisites
  • Prerequisite: ACTSC 363 with a grade of at least 60%, STAT 330; Actuarial Science or Mathematical Finance students only
System Requirements
  • A computer with Internet access is required for all online and multimodal courses. Please see the System Requirements.
Taught in English
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  2. If available, the example of a recent course outline is provided for general information only. It gives an overview of the course from a recent offering but it is not the course outline for the current offer and is subject to change. If you are currently taking this course, the official course outline that applies to this offer is in your online course.
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