Actuarial
Mathematics of Accident Insurance
Syllabus
Uncertainty, Risk, Insurance,
Insurance Companies, Actuaries, Insurance Concepts, Products, Actuarial base. Frequency, severity and pricing methodology premium adjustments,
Projections and trends for the final payments by using linear and other models.
Reserving methods,
Analysis of Insurance Data, Triangular methods and olistic
methods of reserving, Discounting reserves, and Confidence Intervals.
Reinsurance schemes, «Bonus-Malus» and Markov Chains.
Bibliography
1.
Zimbidis A.(2008) “Actuarial Mathematics of Non-life Insurance”
2.
Brown R.L , Gottlieb L.R. (2005) -3rd edition
“Introduction to
Ratemaking and Loss Reserving for Property and Casualty Insurance”, Actex Publications,
3.
Mikosch T. (2006) “Non-Life
Insurance Mathematics: An Introduction with Stochastic Processes” ,Springer