Fundamentals of Life Contingencies

Catalog description

This course develops actuarial techniques for the valuing of policies which depend on contingent events concerning uncertain lifetimes. The topics to be covered include life and long-term health insurance coverages, annuities, survival models, premium and policy value calculations, and option pricing fundamentals. Students with a semester level of Freshman 1, Freshman 2 or Sophomore 1 may not enroll.