Life Insurance Mathematics Frederik Herzberg

News

Currently, no news are available
 

Life Insurance Mathematics

Apl. Prof. Dr. Frederik Herzberg

 

Synopsis

This course provides an introduction to life insurance mathematics broadly conceived, covering insurances against all life-contingent risks, with a particular emphasis on the regulatory framework in Germany. Topics include:

  • Multiple-decrement models and actuarial calculation bases
  • Expected present values of payment streams (for premiums and benefits)
  • Equivalence principle and actuarial reserves
  • Applications: Annuities, pensions, private health insurance (according to German law)

Depending on the participants' level of proficiency in German, the lecture course may be taught in German.

 

Lecture

Monday, 12-2pm, building E2 4, Seminar room 6

 

Tutorial

There will be a weekly one-hour tutorial. Time and venue to be announced.

 

References

There is no single textbook that would cover all of the material in this lecture course. Nevertheless, parts of the following textbooks can be useful for different pars of the lecture course:

  • Dickson, Hardy & Waters: Acturial mathematics for life-contingent risks. Cambridge University Press
  • Gerber: Life insurance mathematics. Springer
  • Milbrodt & Helbig: Mathematische Methoden der Personenversicherung. Walter de Gruyter

A detailed summary of the contents of the lecture course is contained in Chapters 3-6 of the following document (in German) by the German Association of Actuaries (DAV):

 

Contact

herzberg@math.uni-sb.de



Privacy Policy | Legal Notice
If you encounter technical problems, please contact the administrators