theory of interest, survival distribution, life table, life Insurance, life annuity, premium
Assessment
15% assignments, 35% midterm, 50% final
Grading
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Teaching Skills & Others
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Shared by Anonymous
2018-08-25
Professor: Ben Chan
Course Description
This course deals with the calculations of the premiums of various basic life insurance products. Since the premiums are the expected present values of some future payments, the calculations depend on the occurrence of some random events and interest earned till the events occurred. Theories of interest and probability are essential in this course. We will discuss measurements of interest, survival probability and life table, introduction of basic insurance plans, life annuities and level premium in this course.
Assessment
assignment 15%, midterm 35%, final 50%
Grading
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Teaching Skills & Others
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Shared by Anonymous
2018-08-25
Professor: Ben Chan
Course Description
This course covers the basic principles of life contingencies, which is a science for life insurance. Topics include life tables, annuities, assurances, net and gross premiums, reserve, and multiple life theory. (Not for students who have taken or register concurrently for FINA3220.)
CUHK
STAT4004 Actuarial Science