INSTITUTE OF APPLIED MATHEMATICS
Last Updated:
28/08/2017 - 21:10

IAM613 - Finance and Stochastics In Insurance

Credit: 3(3-0); ECTS: 8.0
Instructor(s): Consent of IAM
Prerequisites: Consent of Instructor(s)

Course Catalogue Description

Risk in insurance systems. Short, medium and long term financial structures of insurance funds. Modelling and valuation of insurance plans. Contribution and benefit schemes for insurance and reinsurance. Economic dynamics, financial markets and assets management for insurance systems. Multiple decrements, actuarial balance and fair premiums.

Course Objectives

Course Learning Outcomes

Tentative (Weekly) Outline

Risk in insurance systems. Short, medium and long term financial structures of insurance funds. Modelling and valuation of insurance plans. Contribution and benefit schemes for insurance and reinsurance. Economic dynamics, financial markets and assets management for insurance systems. Multiple decrements, actuarial balance and fair premiums.

More Info on METU Catalogue

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