6 ECTS credits
158 h study time
Offer 1 with catalog number 4017074FNR for all students in the 1st semester at a (F) Master - specialised level.
1. We discuss the usefulness of insurance and the basic principles: Law of large numbers, equilibrium, solidarity
2. Introduction to portfolio models: Central limit theorem, applications
3. Introduction to Monte Carlo Simulation: Concept, techniques, illustrations, applications
4. Valuation principles: Certainty equivalents, impact financial markets on pricing
5. Accounting aspects
6. Solvency II
7. Reinsurance
Slides, class notes.
Gaining insight into the concept of insurance and the techniques that are used.
The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
Not applicable
This offer is part of the following study plans:
Master of Business Engineering: Standaard traject (only offered in Dutch)
Master of Business Economics: Standaard traject (only offered in Dutch)
Master of Teaching in Economics: standaard traject (90 ECTS, Etterbeek) (only offered in Dutch)