Property and casualty insurance actuarial science

lactu2010  2024-2025  Louvain-la-Neuve

Property and casualty insurance actuarial science
7.00 credits
45.0 h
Q1
> Schedule

  This learning unit is not open to incoming exchange students!

Teacher(s)
Denuit Michel;
Language
French
Prerequisites
Mastery of basic concepts in statistics and probability calculation, at the level of courses in the FSA1BA, INGE1BA, MATH1BA programs or the access minor in statistics, actuarial sciences and data science.
Main themes
Insurance loss models, Risk sharing and transfer, Measuring and comparing risks, Credibility and bonus-malus, Reserving
Learning outcomes

At the end of this learning unit, the student is able to :

1 Given the standard AA (AA of the master's program in actuarial sciences), this activity allows students to master
  • Firstly the following AA: 1.1, 1.4, 2.3
  • Secondarily the following AA: 1.2, 1.3, 1.6, 1.7, 1.8, 2.1
At the end of this course, students are able to:
  • Put into practice the basic principles of pricing and actuarial management of damage insurance products.
  • Determine the optimal risk management policy according to their characteristics, including
    • the calculation of premiums and their revision based on past claims
    • the evaluation of technical provisions
    • projection of future financial flows
    • calculating risk measures
for traditional damage insurance products.
 
Teaching materials
  • Syllabus, transparents, etc. sur moodle
Faculty or entity
> LSBA


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Master [120] in Mathematics
MATH2M
7
Master [120] in Actuarial Science
ACTU2M
7
Master [120] in Statistics: General
STAT2M
7
Master [120] in Mathematical Engineering
MAP2M
7