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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: ACTL2102 or (MATH2901 and in any of the following plans MATHR13986 or MATHR13523 or MATHR13564 or MATHR13956 or MATHR13589 or MATHR13761 or MATHR13946 or MATHR13949 or MATHR13998)

Course Outline

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ACTL3162 Course Outline

Fees

TypeAmount
Commonwealth Supported Students (if applicable)$1370
Domestic Students$5430
International Students$5430

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Commonwealth Supported Students:

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Where a Commonwealth Supported fee is displayed it does not guarantee that such places are available.

Pre-2019 Handbook Editions

Access past handbook editions (2018 and prior)
Pre-2019 Handbook Editions