MATH 460 - Actuarial Models (4)

Typical loss models used in the fields of insurance and actuary. Policy deductibles, limits, inflation, co-insurance on expected loss. MLE, method of moments, Bayesian method for estimating parameters when data are complete or censored. Credibility theory, methods for determining reserve.

Prerequisite: MATH 335; or graduate standing.

400-level Undergraduate Course available for Graduate Credit