Mar 29, 2024  
2020-2021 Academic Catalog 
    
2020-2021 Academic Catalog [Published Catalog]

Add to Portfolio (opens a new window)

MACT 423/4321 - Long-Term Actuarial Mathematics I (3 cr.)



Prerequisites
  and   

Description
This course develops a theoretical basis for the mathematics of life contingencies. It covers models for life contingencies, survival models, life insurance, annuities and premiums calculation. The subjects to be covered include: future lifetimes, analytical mortality laws, life table, fractional age assumptions, non-parametric estimation of survival models, continuous and discrete life insurances, continuous and discrete life annuities, net single premium, annual benefit premium, loss at issue, premium principles.

When Offered
Offered once a year.



Add to Portfolio (opens a new window)