Overview
This course covers the actuarial mathematics, statistics and models used in non-life insurance actuarial practice. Topics covered include: basic concepts of decision theory and Bayesian statistics; loss distributions and reinsurance, risk models including compound Poisson; estimation of aggregate claims distribution; probability of ruin; premium rating and credibility; experience rating systems; … For more content click the Read More button below.
Conditions for Enrolment
Prerequisite: ACTL5101, ACTL5103 and enrolment in program 8411 or 8416.
Delivery
In-person -
Multimodal - Standard (usually weekly or fortnightly)
Pre-2019 Handbook Editions
Access past handbook editions (2018 and prior)