Vai al contenuto principale
Coronavirus: aggiornamenti per la comunità universitaria / Coronavirus: updates for UniTo Community
Oggetto:
Oggetto:

Mathematics for insurance

Oggetto:

Mathematics for insurance

Oggetto:

Anno accademico 2022/2023

Periodo
Da definire
Tipologia
D=A scelta dello studente
Crediti/Valenza
6
SSD attività didattica
SECS-S/06 - metodi matematici dell'economia e delle scienze att. e finanz.
Lingua
Italiano
Tipologia esame
Scritto ed orale
Prerequisiti
Propedeutico a
Mutuato da
Oggetto:

Sommario insegnamento

Oggetto:

Obiettivi formativi

The main purpose is to introduce Insurance Mathematics, life and non-life, providing a general foundation to the mathematics of the insurance business, in which probability, individuals' and companies' behaviour towards risk play a fundamental role. Financial considerations are also important, as they affect life insurance policy choices.

Oggetto:

Risultati dell'apprendimento attesi

 

Knowledge and understanding

Basic knowledge of mathematical modelling in life and non life insurance, ability to interpret most insurance policies from a mathematical point of view.

Applying knowledge and understanding

Ability to convert various policies into formulas, and to assess what is due by the counterparts of an insurance policy. Ability to implement actuarial formulas on a PC.

Making judgements

Students will be able to discern the different aspects in an insurance policy, whether actuarially founded or not.

Communication skills

Students will properly use in written expression the symbols of insurance mathematics, and will be able to interpret them (i.e., looking at a formula, be able to recognise the underlying facts).

Learning skills

The skills acquired will give students the opportunity of improving and deepening their knowledge of the different aspects of the practice of insurance. They will thus move comfortably in any work environment dealing with insurance problem-solving.

Oggetto:

Programma

Different types of risk.
Non-life insurance: policy, premium, claims, claim cost. Fair premium, net premium, premium loading and tariff rates. The total claims cost.
Utility theory framework. The ruin problem.
Life insurance: Lifetime of an individual aged x. Life statistical tables and analytical models. Endowment, pure endowment, insurance in case of death. Life annuities. Commuting formulas. Reserves in prospective and retrospective form. Recursion formulas for reserves. Decomposition of a premium into savings and risk premium. Expected profit according to Homan's formula.

Oggetto:

Modalità di insegnamento

Oggetto:

Modalità di verifica dell'apprendimento

Oggetto:

Attività di supporto

Testi consigliati e bibliografia

Oggetto:

Lecture Notes available on KLIPS

Further suggested readings:


Erwin STRAUB, Non-Life Insurance Mathematics, Spinger Verlag 1988
Hans U. GERBER, Life Insurance Mathematics, Spinger Verlag 1990
Ermanno PITACCO, Elementi di Matematica delle Assicurazioni, 2° ediz., LINT Editoriale Associati, Trieste, 2002 (II edizione)



Oggetto:

Note

Registrazione
  • Aperta
    Apertura registrazione
    01/03/2020 alle ore 00:00
    Chiusura registrazione
    31/12/2022 alle ore 23:55
    Oggetto:
    Ultimo aggiornamento: 28/06/2022 16:07
    Non cliccare qui!