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 300-310 Actuarial Principles

Coordinator

Dr D Dufresne

Prerequisites

620-202 Statistics and 300-203 Mathematics in the Financial World.

Semester

1

Contact

Three 1-hour lectures and a 1-hour tutorial per week

Subject Description

The application of probability to contingencies of human life; laws of mortality; the life table; select tables; annuities and assurances on single lives; commutation functions; office premiums; accumulations; policy values; extra risks; alterations; cash-flow models for life assurance policies; profit testing.

Assessment

A 3-hour end-of-semester examination (85%) and a 1 1/2-hour examination during the semester (15%).

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Status:                   Official 1998
Last Modified:            Tuesday April 28 19:09
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Authorised by:            Academic Registrar
Email Enquiries:          Course_Information@registrar.unimelb.edu.au