This entry is from Summer semester 2018 and might be obsolete. No current equivalent could be found.

# Actuary Science: Mathematics of Indemnity Insurance (dt. Aktuarwissenschaften: Schadenversicherungsmathematik)

 Level, degree of commitment Specialization module, depends on importing study program 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): 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, Regularly alternating with other specialization modules in Versicherungsmathematik Person in charge of the module's outline Dr. Michael Schüte, Prof. Dr. Hajo Holzmann

## Contents

• Basic terms individual/collective model
• Panjer distribution class

Tariffing

• Data: Risk classes, major loss problems
• Models and estimation methods
• Premium differentiation and selection effects

Damage reservation

• Basic terms and models
• Procedure for reserving claims

Reinsurance and risk sharing

• Forms and reasons of risk sharing
• Impact of risk sharing on key figures

Principles of premium calculation for reinsurance treaties

## Qualification Goals

The students shall

• learn the basic concepts and models of non-life insurance mathematics,
• be able to assess the appropriateness of the models/methods of non-life insurance mathematics.

## 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
• M.Sc. Computer Science
• M.Sc. 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).