Temple University 3 credits AS
Building on AS 5104, the course continues the discussion of short-term actuarial modeling. It introduces students to advanced frequency, severity, and aggregate claim models, as well as concepts of pricing and reserving. Topics covered include commonly used severity, frequency distributions, aggregate risk models, coverage modifications, construction and selection of parametric models, estimate losses using advanced credibility procedures, and pricing and reserving methods for short-term insurance contracts.
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