Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
3 credits
15.0 h
Q1
Teacher(s)
Walhin Jean-François;
Language
English
Prerequisites
Knowledge in English, level of course LANGL1330.
Knowledge of the concepts at the level of the courses:
The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.
Knowledge of the concepts at the level of the courses:
- Actuariat des assurances dommages (LACTU2010)
- Actuariat de l'assurance-vie (LACTU2030)
- Quantitative Risk Management (LACTU2210)
- Actuariat des assurances de personnes (LACTU2230)
The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.
Main themes
The reinsurance market is presented. The different kinds of treaties are described. The pricing of excess loss reinsurance is deeply analysed. The reasons why an insurance company has to be reinsured are explained; finally the point of view of the insurer is adopted in terms of optimality of reinsurance arrangements.
Aims
At the end of this learning unit, the student is able to : | |
| 1 |
Contribution of the course to learning outcomes in the Master in Actuarial Sciences programme. By the end of this activity, students will have made progress in:
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The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
Content The following topics will be developed: Introduction Why a reinsurance Proportional reinsurance Non proportional reinsurance Pricing of excess of loss treaties Capital allocation Optimal reinsurance Methods In-class activities X0 Lectures X0 Exercices/PT At home activities X0 Exercices to prepare the lecture X0 Paper work
Teaching methods
Ex-cathedra course.
Some parts of the course might be covered on a seminar basis where students present theory or exercises in the classroom.
Some parts of the couse might be covered through scientific papers to be read and prepared by the students.
Some parts of the couse might be covered through homeworks.
Some parts of the course might be covered on a seminar basis where students present theory or exercises in the classroom.
Some parts of the couse might be covered through scientific papers to be read and prepared by the students.
Some parts of the couse might be covered through homeworks.
Evaluation methods
Written exam with no documents.
In case a homework is requested, the marks obtained at the exam might be adapted based on the quality of the homework. Details will be provided during the course.
In case some courses would be organized on a seminar basis, the marks at the exam might be adapted based on the quality of the seminar sessions. Details will be provided during the course.
In case a homework is requested, the marks obtained at the exam might be adapted based on the quality of the homework. Details will be provided during the course.
In case some courses would be organized on a seminar basis, the marks at the exam might be adapted based on the quality of the seminar sessions. Details will be provided during the course.
Bibliography
Transparencies are mainly based on :
- Walhin J.F. (2012). La Réassurance, 2ème édition. Larcier.
- Bauwens, V., Walhin, J.F. (2008). La Titrisation du Risque d'Assurance. Larcier.
Faculty or entity
LSBA
