UCL - LIFE RELATED INSURANCE

[ACTU2230]

[30h] 5 credits

This course is taught in the 1st semester.

Teacher(s): Michel Denuit

Language: French

Level: Second

Aims
Main themes
Content and teaching methods
Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Aims

The aim of the course is to present the methods used for the pricing of life related insurance (essentially with Markov and semi Markov processes)

Main themes

Theory and application of statistical methods to the pricing of disability and health insurances

Content and teaching methods

Content
The following topics will be developed:
From life insurance to life related insurance: multi states models
- Markov models of pricing in life related insurance
- Semi Markov models and pricing in life related insurance
Methods
In-class activities
X0 Lectures
X0 Exercices/PT

At home activities
X0 Exercices to prepare the lecture
X0 Paper work

Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Evaluation : Class participation and written examination, in French

Support : Slides provided through icampus