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MTH 467

Actuarial Mathematics

Oregon State University 3 credits MTH

Course Description

Explores foundations of actuarial science from the point of view of mathematical models that arise in the design and management of insurance systems. Utilizes life insurance-based models. Covers the basics of risk and insurance: risk, loss, claims, net premium, deductibles, aggregate loss, proportional reinsurance, and excess of loss reinsurance. Introduces and establishes basic properties of classical risk process, such as the Cramér Lundberg model utilizing probabilistic tools.

Code
MTH 467
Credits
3
Subject
MTH

Programs That Include This Course

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