Description
Policy values; multiple state models; formulae for probability; Markov multiple state models; pension mathematics; yield curves; interest rate risk; emerging costs for life insurance; equity linked insurance; deterministic and stochastic pricing; reserving, participating, and universal life insurance.
Prerequisites
- Prerequisite(s): STAT 3661 with a grade of C+ or higher; or permission of the School.
Conditions and arrangements
- Precludes additional credit for Precludes additional credit for STAT 3662 (no longer offered).
- Prerequisite(s): STAT 3661 with a grade of C+ or higher; or permission of the School.
- Lectures three hours a week, tutorial one hour a week.
Reference text in its original language
Policy values; multiple state models; formulae for probability; Markov multiple state models; pension mathematics; yield curves; interest rate risk; emerging costs for life insurance; equity linked insurance; deterministic and stochastic pricing; reserving, participating, and universal life insurance.
- Prerequisite(s): STAT 3661 with a grade of C+ or higher; or permission of the School.
- Precludes additional credit for Precludes additional credit for STAT 3662 (no longer offered).
- Lectures three hours a week, tutorial one hour a week.
Sources and references
Dates and sources are retained to help you verify the information. Translations are provided to facilitate reading; the official source governs conditions and requirements.
Source reference : https://calendar.carleton.ca/undergrad/courses/STAT/