Benefit reserves: fully continuous and discrete benefit reserves, analysis of benefit reserves, benefit reserves at fractional durations, allocation of the risk to insurance years and Hattendorf's theorem. Multiple life functions: joint-life status and last-survivor status, dependent life models, insurance and annuity benefits and special mortality assumptions. Multiple decrement models: random and deterministic survivorship groups, multi-life models and multiple decrement models. -- Course Website
Prerequisites: 309805 (v.1)<br/> Life Contingencies 501<br/> <br/> or any previous version