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Non-life Insurance Mathematics 7.5 credits

About the course

This course is concerned with reserving and pricing of non-life insurance policies, considering various characteristics of the insured object and the policyholder. We will start by exploring pricing using Generalized Linear Models (GLMs), a method introduced by British actuaries and now widely adopted in the industry. In cases with insufficient data, we will combine GLMs with credibility theory to obtain reliable estimates.

Reserving is concerned with estimating payments for incurred but not (enough) reported claims. Here we will study methods such as the chain ladder method.

Besides the theoretical knowledge, an important part of the course is to develop the students' ability to apply the methods discussed on real data.

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Please be aware that the University is a public authority and that what you write here can be included in an official document. Therefore, be careful if you are writing about sensitive or personal matters in this contact form. If you have such an enquiry, please call us instead. All data will be treated in accordance with the General Data Protection Regulation.

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