Aller à : contenu haut bas recherche

EN     FR
Vous êtes ici:   UNIL > HEC Inst. > HEC App. > SYLLABUS

## Life Insurance Actuarial Controlling

• Teacher(s):
• Course given in: English
• ECTS Credits:
• Schedule: Autumn Semester 2018-2019, 2.0h. course (weekly average)
WARNING :   this is an old version of the syllabus, old versions contain   OBSOLETE   data.
•  sessions
•  course website
• Related programmes:

### Objectives

This course aims at providing students with a methodology to determine sources of profit and losses from a theoretical as well as an accounting point of view. An introduction to algorithms for profit testing calculation of embedded value and profit sharing wrap up the course. Through a combination of theoretical studies and practical work with exercises, students should acquire the actuarial tools that will be sufficient to understand and measure the profitability of insurance portfolios for a wide range of products.

### Contents

1 Introductrion

2 Actuarial Modelling of Balance Sheet and Profit & Loss Account

3 Portfolio Value

4 Profit Sharing

### References

Bowers N. L., Gerber H. U., Hickman J. C., Jones D. A., Nesbitt C. J. "Actuarial Mathematics" SOA, 1986 (or later)

Easton A. E., Harris, T. E.: "Actuarial Aspects of Individual Life Insurance and Annuity Contracts" Actex Publications, 1999

Gerber, Hans U. "Life Insurance mathematics" 3rd Ed., Springer, 1997

International Actuarial Association: "Stochastic Modelling – Theory and Reality from an Actuarial Perspective" 1st Ed., 2010

### Pre-requisites

Life Contingencies (MScAS, sem. 2)

### Evaluation

#### First attempt

Exam:
Written 3h00 hours
Documentation:
Allowed
Calculator:
Allowed
Evaluation:

Written exam, 3 hours, open-book.

All calculators allowed (but no personal computer or tablet).

Mid term test mark will be taken into consideration for 30% if it is better than exam. Exercise assignments submitted during the term may be taken into consideration for borderline cases.

#### Retake

Exam:
Written 3h00 hours
Documentation:
Allowed
Calculator:
Allowed
Evaluation:

Same as first exam.

[» go back]           [» courses list]

 Search in HEC App   in whole UNIL   in the Directory
Internef - CH-1015 Lausanne - Suisse  -   Tél. +41 21 692 33 00  -   Fax +41 21 692 33 05