This entry is from Winter semester 2016/17 and might be obsolete. No current equivalent could be found.

# Mathematics of personal insurance: Life insurance (dt. Personenversicherungsmathematik: Lebensversicherung)

 Level, degree of commitment Specialization module, depends on importing study program Forms of teaching and learning,workload Lecture (2 SWS, in Blockveranstaltungen), 90 hours (30 h attendance, 60 h private study) Credit points,formal requirements 3 CP Course requirement(s): Written examination Examination type: Successful completion of at least 50 percent of the points from the weekly exercises. 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. Origin M.Sc. Business Mathematics Duration,frequency One semester, Regelmäßig alle 4 Semester Person in charge of the module's outline Prof. Dr. Ernst-Wilhelm Zachow

## Contents

Probability theoretical modelling, random variables in personal insurance, biometric and other calculation bases, present values, equivalence principle.

Life insurance mathematics:

Legal framework for life insurance, premium calculation, actuarial provision, accounting principles for life insurance, profit participation and its use, profit analysis, key figures.

## Qualification Goals

Students will

• become familiar with the basics of actuarial modeling and actuarial control cycles in life insurance,
• independently model simple tasks of a practical and theoretical nature, then lead them to a solution and present it in a realistic manner
• practice mathematical working methods (developing mathematical intuition and its formal justification, training the ability to abstract, reasoning)
• improve their oral communication skills in the exercises by practicing free speech in front of an audience and during discussions.

## Prerequisites

Translation is missing. Here is the German original:

Keine. Empfohlen werden die Kompetenzen, die in den Basismodulen Analysis und Lineare Algebra sowie im Aufbaumodul Elementare Stochastik vermittelt werden

## Applicability

The module 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. Business Mathematics, this module can be attended in the study area Applied Modules in Business Mathematics.

The module can also be used in other study programs (export module).