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Insurance: Financial and Actuarial Methods

Course Code :2113TEWFIN
Study domain:Accountancy & Audit
Academic year:2019-2020
Semester:2nd semester
Contact hours:60
Study load (hours):168
Contract restrictions: No contract restriction
Language of instruction:English
Exam period:exam in the 2nd semester
Lecturer(s)Ann De Schepper
Greet Geeroms

3. Course contents *

The course gives an overview and understanding of the most important quantitative methods used in the world of insurance. It merely consists of three parts.

In the first part, we present an overview of the insurance sector, with the different branches and with key figures.

The second part covers the most important financial terminology and methods used in the bank and insurance sector.

In the third part we discuss Life insurance, with the following topics: mortality tables, endowments and annuities, net premiums, risk premiums and premium savings, provisions and unit linked products.