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. Formerly ACTUARIAL MODELING.

Credit Hours: 4

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

Graduate Level Course: This course is approved for graduate credit

New Course Catalog Information Effective 05-20-2024

New Description: Severity and frequency models. Aggregate models. Risk measures. Insurance coverages and modifications. Credibility theory. Short term insurance pricing and reserving.
New Prerequisites: Grade of B or better in MAT 351; or graduate standing

Current Offerings

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

Spring 2024

001 - Lecture (In Person): M W 1:00 PM - 2:50 PM , Ranee Thiagarajah 4 hour(s)

Dates: 01/16/2024 - 05/04/2024

Location: Adlai E. Stevenson Hall 214 (STV 214)

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