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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)