Module code: MTH5126
Credits: 15.0
Semester: SEM2
Contact: Dr Lei Fang
Prerequisite: Before taking this module you must take MTH5129
This module begins with a study of loss distributions, with and without reinsurance. We then study compound distributions and their applications in risk modelling. The module then introduces the concepts of copulas and extreme value theory. Finally, we study topics related to ruin theory and look at how insurance companies estimate their liabilities using run-off triangles.
Connected course(s): UDF DATA
Assessment: 60.0% Examination, 40.0% Coursework
Level: 5
