Full course description
This course is an Actuarial elective.
This course treats the basics of actuarial risk theory, in particular utility theory and (re-)insurance, individual and collective loss models, ruin theory, and premium principles.
See course contents.
Level of first two years of the Econometrics and OR bachelor program, in particular Mathematics, Probability Theory, and Mathematical Statistics.
Kaas R., M. Goovaerts, J. Dhaeneand M. Denuit, Modern Actuarial Risk Theory, Springer (2009). An earlier edition of this book will be used.