Models of Life Contingencies II.

Catalog description

This course is a continuation of the study of life contingencies. It is designed to develop the student’s knowledge of the theoretical basis of life-contingent actuarial models and the application of those models to insurance and other financial risks. Topics include insurance and annuity reserves, characterization of discrete and continuous multiple decrement models in insurance, employee benefits, benefit reserves, and multiple life models. Prerequisite: MATH 127 with a “C-“ or better or Permission of Instructor.