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University of Melbourne

Areas of Study

Life Insurance Models I

  • ACTL90006
  • Contact Hours: A 2 hour seminar and a 1 hour workshop per week
    Total Time Commitment: Estimated total time commitment of 120 hours per semester
  • 12.50
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Topics include survival models concepts; estimation procedures for lifetime distributions; multiple state models; multiple decrements; binomial model of mortality; actuarial applications of Markov processes; exact and census methods for estimating transition intensities based on age. -- Course Website

Prerequisites: Students must have completed MAST20004 Probability and MAST20005 Statistics or equivalent. Subject Study Period Commencement: Credit Points: MAST20004 Probability Semester 1 12.50 MAST20005 Statistics Semester 2 12.50



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