LIFE INSURANCE 1 [ LACTU2030 ]
5.0 crédits ECTS
30.0 h + 15.0 h
1q
| Teacher(s) |
Denuit Michel ;
Gilles Françoise (compensates Denuit Michel) ;
Gilles Françoise ;
|
| Language |
French
|
Place
of the course |
Louvain-la-Neuve
|
| Main themes |
Study of the main kinds of life insurance products in terms of pricing and reserving
|
| Aims |
The aim of this course is to present the basic principles of life insurance theory. After a short introduction to life tables, the main kinds of life insurance products are studied in detail regarding premium and reserve calculations. An introduction to modern life products is also presented. At the end of this course the students must be familiar with life calculations and be able to price life products.
|
| Content |
Content The following topics will be developed: 1. Classical life tables 2. Adjustment of a life table 3. Prospective life table 4. Pure Endowment insurance 5. Annuities 6. Life insurance 7. Endowment insurance 8. Loadings 9. Mathematical reserves 10. Profit sharing 11. Universal life products 12. Unit linked contracts Methods In-class activities X0 Lectures X0 Exercices/PT At home activities X0 Exercices to prepare the lecture X0 Paper work
|
| Other information |
Evaluation : Class participation and written examination, in French Support : Slides provided through icampus
|
Cycle et année
d'étude |
> Master [120] in Statistics: General
> Master [120] in Actuarial Science
> Master [120] in Mathematics
> Master [120] in Mathematical Engineering
|
Faculty or entity
in charge |
> LSBA
|
<<< Page précédente
