2023-2024 Academic Catalog 
    
    Nov 21, 2024  
2023-2024 Academic Catalog [Archived Catalog]

ACSC 407 - Loss Models


Credits: 3
Introduce coverage modifications; risk measure; frequency, severity and aggregate models; parametric and non-parametric estimation; credibility; pricing and reserving for short-term insurance coverages; and option pricing fundamentals.
Note: The course covers the learning objectives contained in Examination FAM-S (Fundamentals of Actuarial Mathematics Exam-Short Term) of the Society of Actuaries.

Related Courses: ACSC-607
Prerequisite: MATH-372