NMAA06068U Topics in Non-Life Insurance (Skade2)
MSc Programme in Actuarial Mathematics
Various distributions that are useful in non-life insurance
The impact of deductibles on the insurance premium calculations
Maximum likelihood methods, including the adjustment for
deductibles. Also use of the delta method.
Asymptotic properties of the estimators
Model selection methods
Non-paramtric methods
Some generalized linear model theory
Course description: Distributions in insurance, deductibles,
maximum likelihood estimation, model choice, non parametric method,
generalized linear models.
Knowledge: A good knowledge of the various items under contents
Skills: To be able to understand a concrete problem in the setting
of the course
Competences: To be able to transform the knowledge into actual
implementation of a method to solve practical
problems.
- Category
- Hours
- Exam
- 3
- Lectures
- 28
- Preparation
- 135
- Project work
- 40
- Total
- 206
As
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- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilation---
- Exam registration requirements
Two mandatory assignments must be approved and valid before the student is allowed to attend the exam
- Aid
- Written aids allowed
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
- Re-exam
30 minutes oral exam. No preparation time and no aids.
The two mandatory assignments must be approved and valid. If they were not approved during the course the non-approved assignments must be re-submitted no later than two weeks before the beginning of the re-exam week. They have to be approved before the reexamination.
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- NMAA06068U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 block
- Placement
- Block 4
- Schedule
- A
- Course capacity
- No limit
- Continuing and further education
- Study board
- Study Board of Mathematics and Computer Science
Contracting department
- Department of Mathematical Sciences
Course Coordinators
- Jostein Paulsen (7-6c717576676b70426f63766a306d7730666d)