News
Online lecture on Monday, 26 MayWritten on 25.05.25 by Thuan Nguyen Dear students, Due to a practical reason, I will not be able to present the lecture on-site tomorrow, Monday 26 May. Alternatively, I would like to arrange an online lecture via MS Teams (only on Monday, 26 May). Please join using the following link: Dear students, Due to a practical reason, I will not be able to present the lecture on-site tomorrow, Monday 26 May. Alternatively, I would like to arrange an online lecture via MS Teams (only on Monday, 26 May). Please join using the following link: I am sorry for this inconvenience, we will be back to on-site lectures as usual afterward. Kind regards, Thuan Nguyen
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Written on 19.05.25 (last change on 19.05.25) by Thuan Nguyen Dear students, To balance the progress between the lecture and tutorial sessions, we will have on this Wednesday, 21 May, a two-hour tutorial instead of a one-hour one. Because of this, Assignment Sheet 6 has been updated to include one additional exercise. Best regards, Thuan Nguyen
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Non-Life Insurance Mathematics
Summary
This lecture course covers the fundamental concepts and results of non-life insurance (i.e. property and casualty insurance):
- Standard models of non-life insurance
- Risk reduction by pooling risks
- Ruin theory
- Calculations of premiums I: risk measures
- Calculations of premiums II: credibility theory
- Loss reserving
- Basics of reinsurance
Time & Venue
Lectures and Tutorials:
In general, there are a 3-hour lecture and a 1-hour tutorial each week. This plan will be sometimes adjusted according to the practical progress (e.g., for certain weeks, there are a 2-hour lecture and a 2-hour tutorial).
Please check the timetable.
Monday, 12:30 - 14:00, at Seminarraum 6 (217) (building E2 4)
Wednesday, 12:30 - 14:00, at Hörsaal IV (115) (building E2 4)
Start: 07 April
End: 23 June.
Recommended Prerequisites
- Stochastics I
- Stochastics II
Exam
There will be oral exam in the end of the course.
References
Principal text:
- Lecture notes by Prof. H. Zähle
(successively published after the lectures under → Materials)
Supplementary:
- Thomas Mikosch, Non-Life Insurance Mathematics (2nd ed.). Springer, 2009
- Hanspeter Schmidli, Risk Theory. Springer 2017
Contact
nguyen@math.uni-saarland.de