RSK MGT 3505 - Actuarial Applications in Risk Management and Insurance

Institution:

Temple University

Subject:

Description:

Applies theoretical models to insurance problems and is the real-world counterpart to theories discussed in actuarial science, risk management, and insurance courses. The course is divided into two parts: (1) statistical applications and (2) finance and economic applications. Discusses probability distributions frequently used to model losses and inferences which can be made from claims data (e.g., goodness-of-fit and experience rating). The finance section includes application of portfolio theory to the value of the firm (with and without insurance) to reinsurance decisions and captive insurance situations.

Note: This course is one of two courses satisfying the Technology Requirement for Risk Management & Insurance majors. RSK MGT 3505 also satisfies the Technology Requirement for students double majoring in Risk Management & Insurance and Finance.

Credits:

3.00

Credit Hours:

Prerequisites:

RSK MGT 2101 (0001) or 2901 (0091) with a grade of C, STAT 2102 (0022) and FINANCE 3101 (0103)

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.TEMPLE.EDU

Phone Number:

(215) 204-7000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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