MAT 384 - Actuarial Models IV

Department: Mathematics

Description: Severity and frequency models. Aggregate models. Risk measures. Insurance coverages and modifications. Credibility theory. Short term insurance pricing and reserving.

Credit Hours: 4

Prerequisites: Grade of B or better in MAT 351; or graduate standing

Graduate Level Course: This course is approved for graduate credit

New Course Catalog Information Effective 05-19-2025

New Prerequisites: Grade of B or better in MAT 351
'300-Level for Graduate Credit' to be removed and will no longer apply.

Current Offerings

For the most up-to-date course information, please check the registration system through your MyIllinoisState portal.

Spring 2025

001 - Lecture (Hybrid): Multiple Meetings, Ranee Thiagarajah - 4.00 hour(s)

Meeting Times:

01/13/2025 - 05/03/2025 : TBD TBD - Hybrid Class (HYBRID )
01/13/2025 - 05/03/2025 : M W 1:00 PM - 2:50 PM - Adlai E. Stevenson Hall 310 (STV 310)

Instructor: Ranee Thiagarajah

Book Title

ISBN

Author

Edition

Publisher

MSRP

Notes

Intro to Ratemaking & Loss Reserv for Prop & Casua (Required)

ISBN9781625424747

AuthorBrown & Lennox

Edition4th Edition

PublisherActex

MSRP N/A

LOSS MODELS:FROM DATA TO DECISIONS (Required)

ISBN9781119523789

AuthorKLUGMAN, PANJER,WILMOT

Edition5TH EDITION

PublisherWILEY

MSRP N/A