Currículo
Survival Models and Life Contingencies MASV
Contextos
Groupo: Actuarial Science > 2º Ciclo > Parte Escolar > Unidades Curriculares Obrigatórias
ECTS
8.0 (para cálculo da média)
Objectivos
The aim of this subject is to provide students with the skills necessary to apply and develop actuarial mathematics concepts and techniques, in the area of life contingent risks. In a particular way, those skills must be used to model and evaluate cash-flows dependent on death, survival, disability and other risks present in life insurance and pensions.
Programa
- Life Insurance Products - Mortality and Life Tables - The Evaluation of Assurances and Annuities - Premiums and Reserves Calculation - Multi-state Policies - Discounted Emerging Cost Techniques - Single Figure Indices to Summarise and Compare Mortality Levels
Método de Avaliação
The sessions of theoretical and practical content will consist of oral presentations accompanied by the projection of slides containing the main formulae and results, which will be explained, demonstrated and exemplified using suitable techniques. A significant part of the sessions will be devoted to drafting exercises and practical applications. The final grade, on a 0-20 scale, is awarded on the basis written exam (70%) and a computer solved exam (30%).
Carga Horária
Carga Horária de Contacto -
Trabalho Autónomo - 172.0
Carga Total -
Bibliografia
Principal
- The Actuarial Profession: Core Reading 2014 - CT5 Contigencies 2013 The Actuarial Profession
- Actuarial Mathematics for Life Contingent Risks: Dickson, D., Hardy, M., and Waters, H. 2013 2nd ed, Cambridge University Press.
Secundária
- Actuarial Mathematics: Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A. & Nesbitt, C.J. 1997 2nd ed, The Society of Actuaries, Schaumburg, IL.