105.048 Life insurance mathematics
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2012W, VO, 3.0h, 4.5EC

Properties

  • Semester hours: 3.0
  • Credits: 4.5
  • Type: VO Lecture

Aim of course

Introduction to the mathematics of life insurance, description of established applied methods in practice, compilation of financial reports, calculation of premiums, determination of premium reserves, quantification of the risk

Subject of course

Introduction to the mathematics of life insurance, compound interest, perpetuities, annuities, bonds, modelling of the future lifetime, whole life and term insurance, pure endowments, endowments, life annuities, net premiums for the elementary forms of insurance (whole life and term insurance, pure endowments, endowments, deferred life annuities), policies with premium refund, net premium reserves for the different forms of insurance, generalisation of the models, the forms of insurance and the premium reserves to multiple decrements, multiple life insurance, expense loadings, estimating probabilities of death, cross-sectional and generation life tables

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Wed16:30 - 18:0003.10.2012 - 16.01.2013FH Hörsaal 3 - MATH .
Thu14:45 - 15:4504.10.2012 - 13.12.2012FH Hörsaal 3 - MATH .
Thu15:00 - 16:0010.01.2013 - 17.01.2013FH Hörsaal 3 - MATH .
Life insurance mathematics - Single appointments
DayDateTimeLocationDescription
Wed03.10.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu04.10.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed10.10.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu11.10.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed17.10.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu18.10.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed24.10.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu25.10.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed31.10.201216:30 - 18:00FH Hörsaal 3 - MATH .
Wed07.11.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu08.11.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed14.11.201216:30 - 18:00FH Hörsaal 3 - MATH .
Wed21.11.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu22.11.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed28.11.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu29.11.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed05.12.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu06.12.201214:45 - 15:45FH Hörsaal 3 - MATH .
Wed12.12.201216:30 - 18:00FH Hörsaal 3 - MATH .
Thu13.12.201214:45 - 15:45FH Hörsaal 3 - MATH .

Examination modalities

Written and oral examination.
More information on: http://www.fam.tuwien.ac.at/lehre/pr/.

Course registration

Begin End Deregistration end
01.09.2012 00:00 31.01.2013 23:59 31.01.2013 23:59

Registration modalities

Anmeldung für LVA-Unterlagen notwendig.

Curricula

Literature

German books:

  • Hans U. Gerber, Lebensversicherungsmathematik, Springer-Verlag, erste Auflage, 1986 (Deutsch).
  • Martin Predota, Prämienkalkulation in der Lebensversicherung: Einführung mit Beispielen aus der Praxis, AVM-Verlag (Meidenbauer), 2010 (Deutsch).

English books:

  • Hans U. Gerber, Life Insurance Mathematics, Springer-Verlag, Second or Third Edition (Englisch).
  • David C.M. Dickson, Mary R. Hardy and Howard R. Waters, Actuarial Mathematics for Life Contingent Risks, Cambridge University Press, 2009.

Accompanying courses

Language

German