The University of Texas at Austin 3 credits Mathematics
Introduces aspects of basic ratemaking, reserving, catastrophe modeling, and rate classification in a property & casualty actuarial context. Explores loss & premium trending, loss triangles, loss development, loss ratios, on-level premium, and accident year vs. calendar year vs. policy year data. Three lecture hours a week for one semester. Pre/Corequisites: Mathematics 329F with a grade of at least C-; and Mathematics 339J or 339U with a grade of at least C-.
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