Academic Catalog


Course Code: 9700584
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 8.0
Department: Institute Of Applied Mathematics
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Assist.Prof.Dr ULE AHN
Offered Semester: Fall or Spring Semesters.

Course Content

Individual and collective risk. Loss distributions. Insurance schemes. Premium principles. Insurance models including expenses. Special annuities and insurance. Advanced multiple life theory. Population theory. Interest as a random variable. Credibility theory. IBNA techniques. Modeling of risk and insurance processes. Unit linked insurance. Dependent risks and actuarial analysis.