Note: This is an archived Handbook entry from 2011.
|Dates & Locations:|| |
This subject has the following teaching availabilities in 2011:Semester 1, Parkville - Taught on campus.
Timetable can be viewed here. For information about these dates, click here.
|Time Commitment:||Contact Hours: Three hours of lectures and/or tutorials per week |
Total Time Commitment: Not available
Study Period Commencement:
|Recommended Background Knowledge:|| Please refer to Prerequisites and Corequisites. |
|Non Allowed Subjects:||None|
|Core Participation Requirements:||
For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.
The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/
CoordinatorAssoc Prof Shuanming Li
Topics include collective risk model, calculation of moments and mgf of aggregate claims; recursion formulae (eg. Panjer's and Schroter's), effect of reinsurance; individual risk model, De Pril's recursion formula and Kornya's method; fundamentals of decision theory; credibility theory; exact credibility and the Buhlmann-Straub model.
A 50-minute mid-semester test (20%) and a 2-hour end-of-semester examination (80%).
|Prescribed Texts:||You will be advised of prescribed texts by your lecturer.|
|Recommended Texts:|| |
Information Not Available
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
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