|Course code module||FTEMAJ0136|
|Study load (hours)||168|
|Instructor(s)||Ann De Schepper|
Martine Van Wouwe
|Language of instruction:||English|
|Semester exam information:||exam in the 2nd semester|
|Contract restriction information:|
Broad basic knowledge of mathematical and statistical methods.
2. Objectives (expected learning outcomes)
We want the students to become familiar with the basic terminology, methods and techniques in insurance, both life and non-life.
3. Course content
The course "Insurance" is complementary to the course "Insurance Economics"; it merely consists of two parts: life insurance and non-life insurance.
In the first part "Life insurance", we discuss the following topics:
mortality tables, ...
In the second part "Non-life insurance", we show the techniques used in property insurance, auto insurance, home insurance and general insurance. The most important topics discussed in this context are utility theory, deductibles, premium principles, tarification in automobile insurance, credibility theory, IBNR techniques.
4. Teaching method
Direct contact: LecturesExercise sessions
5. Assessment method
Exam: Written, without oral presentationOpen bookOpen questions
6. Compulsory reading – study material
Syllabuses drafted by the lecturers.
Additional examples and exercises are available via Blackboard.
7. Recommended reading - study material
Wolthuis H., & Bruning R., "Life insurance part I," University of Amsterdam, 1996.
Kaas R., Goovaerts M., Dhaene J. & Denuit M., "Modern Actuarial Risk Theory", Kluwer Academic Publishers, 2003.
laatste aanpassing: last update: 05/06/2008 14:54 ilke.franquet