Main content
This entry is from Winter semester 2019/20 and might be obsolete. No current equivalent could be found.
Actuary Science: Risc Theory
(dt. Aktuarwissenschaften: Risikotheorie)
Level, degree of commitment | Specialization module, compulsory elective module |
Forms of teaching and learning, workload |
Lecture (2 SWS, mit integrierten recitation classen), 90 hours (30 h attendance, 60 h private study) |
Credit points, formal requirements |
3 CP Course requirement(s): Successful completion of at least 50 percent of the points from the weekly exercises. Examination type: Written examination |
Language, Grading |
German,The grading is done with 0 to 15 points according to the examination regulations for the degree program M.Sc. Business Mathematics. |
Duration, frequency |
One semester, Regularly alternating with other specialization modules in Versicherungsmathematik |
Person in charge of the module's outline | Dr. Michael Schüte, Prof. Dr. Hajo Holzmann |
Contents
Risk theory incl. non-life insurance mathematics:
Individual and collective model, calculation of total loss distributions, random sums, credibility theory, solvency, loss reservation, reinsurance, risk sharing
Qualification Goals
- To impart basic knowledge (also applicable in professional practice), in particular on the general principles of provisioning in non-life insurance,
- Recognition of connections to stochastics as well as to life and health insurance mathematics,
- Practice of mathematical working methods (development of mathematical intuition and its formal justification, training of the ability to abstract, proof techniques),
- Improve oral communication skills by practicing free speech in front of an audience and during discussion.
Prerequisites
None. The competences taught in the following modules are recommended: either Linear Algebra I and Linear Algebra II or Basic Linear Algebra, either Analysis I and Analysis II or Basic Real Analysis, Elementary Stochastics.
Applicability
Module imported from M.Sc. Business Mathematics.
It can be attended at FB12 in study program(s)
- B.Sc. Mathematics
- B.Sc. Business Mathematics
- M.Sc. Computer Science
- M.Sc. Mathematics
- M.Sc. Business Mathematics
When studying M.Sc. Computer Science, this module can be attended in the study area Minor subject Mathematics.
Recommended Reading
- Neuburger, E.: Mathematik und Technik betrieblicher Pensionszusagen
- Gerber, H.U.: Lebensversicherungsmathematik
- Diverse Aufsätze zur Risikotheorie / Schadensversicherungsmathematik
Please note:
This page describes a module according to the latest valid module guide in Winter semester 2019/20. Most rules valid for a module are not covered by the examination regulations and can therefore be updated on a semesterly basis. The following versions are available in the online module guide:
- Winter 2016/17
- Summer 2018
- Winter 2018/19
- Winter 2019/20
- Winter 2020/21
- Summer 2021
- Winter 2021/22
- Winter 2022/23
- Winter 2023/24 (no corresponding element)
The module guide contains all modules, independent of the current event offer. Please compare the current course catalogue in Marvin.
The information in this online module guide was created automatically. Legally binding is only the information in the examination regulations (Prüfungsordnung). If you notice any discrepancies or errors, we would be grateful for any advice.