Actuarial Statistics

Syllabus

Measurements of mortality, Form of age specific mortality, mortality comparisons and methods of standardization, life tables and multiple risks. Selection of life tables (Control x2, individual standard deviations, individual absolute standard deviations, cumulative deviations, sign, change sign, steven’s test). Exposed to risk population (Full-accurate method, the inventory method based on lx) . Empirical data smoothing techniques (graphical methods, Parametric models, Moving averages - Smoothing with reference to a typical syrvival table) . Technical spread table survival (Method Lagrange, Parametric model)

Bibliography

1. Zimbidis A.(2009), “Actuarial Statistics”

2. Benjamin B. & Pollard J.H.(1986) «The analysis of mortality and other actuarial statistics»

3. Wunsch G. , Mouchart M. and Duchêne J. (eds) (2002)

“The life table. Modelling Survival and Death” Kluwer Academic Publishers