Learn to solve and present concrete exercises related to the above mentioned topics, get accquainted with the material of the course by doing.

Traditional exercises accompagning the lecture. Exercises illustrate and extend the material of the course. We try to solve exercises related to the following topics: Elementary financial mathematics, annuities, perpetuities, introduction to the mathematics of life insurance, mortality tables, commutation numbers, net premium calculation, prospective and retrospective reserves, Zillmer's reserve, expense loadings, conversion of an insurance.

For a reasonable solution of moderatly realistic exercises a computer is required. You can use your favourite program/system or use a suggestion made in the exercises.

Exercises are to be prepared and presented at the blackboard. The number of solved exercises, quality of solution and presentation is considered.

Lecture notes for this course are available.