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.

2014W, 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 - 18:0001.10.2014 - 21.01.2015FH Hörsaal 3 - MATH .
Thu14:45 - 16:0002.10.2014 - 22.01.2015FH Hörsaal 3 - MATH .
Life insurance mathematics - Single appointments
DayDateTimeLocationDescription
Wed01.10.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu02.10.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed08.10.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu09.10.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed15.10.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu16.10.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed22.10.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu23.10.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed29.10.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu30.10.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed05.11.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu06.11.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed12.11.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu13.11.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed19.11.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu20.11.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed26.11.201416:30 - 18:00FH Hörsaal 3 - MATH .
Thu27.11.201414:45 - 16:00FH Hörsaal 3 - MATH .
Wed03.12.201416:30 - 18:00FH Hörsaal 3 - MATH Dieser VO-Termin wird von UE-Leiter Piet Porkert abgehalten
Wed10.12.201416:30 - 18:00FH Hörsaal 3 - MATH .

Examination modalities

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

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Fri12:00 - 14:0027.09.2024FH Hörsaal 1 - MWB written01.01.2024 00:00 - 20.09.2024 23:59TISSPrüfung 2023W (letzter Termin)

Course registration

Begin End Deregistration end
30.08.2014 00:00 29.01.2015 23:59 29.01.2015 23:59

Registration modalities

Anmeldung für LVA-Unterlagen notwendig.

Curricula

Study CodeObligationSemesterPrecon.Info
033 205 Financial and Actuarial Mathematics Mandatory3. Semester
033 215 Actuarial Mathematics Mandatory3. Semester
873 Finance and Actuarial Mathematics Mandatory

Literature

  • 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