309806 (v.1) Life Contingencies 502


Area: Department of Mathematics and Statistics
Credits: 25.0
Contact Hours: 4.0
 
** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. **
 
Lecture: 1 x 3 Hours Weekly
Tutorial: 1 x 1 Hours Weekly
Prerequisite(s): 302315 (v.2) Mathematical Statistics 202 or any previous version
AND
309805 (v.1) Life Contingencies 501 or any previous version
 
Syllabus: Benefit reserves - fully continuous and discrete benefit reserves, analysis of benefit reserves, benefit reserves at fractional durations, allocation of the risk to insurance years, Hattendorf's theorem. Multiple life functions - joint-life status and last-survivor status, dependent life models, insurance and annuity benefits, special mortality assumptions. Multiple decrement models - random and deterministic survivorship groups, multi-life models, multiple decrement models.
 
** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. **
 
Field of Education: 010101 Mathematics
Funding Cluster: 04 - Mathematics, Statistics
SOLT (Online) Definitions*: Informational
*Extent to which this unit or thesis utilises online information
Result Type: Grade/Mark

Availability

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