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SF2961 Mathematics in General Insurance 7.5 credits

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Information per course offering

Course offerings are missing for current or upcoming semesters.

Course syllabus as PDF

Please note: all information from the Course syllabus is available on this page in an accessible format.

Course syllabus SF2961 (Autumn 2007–)
Headings with content from the Course syllabus SF2961 (Autumn 2007–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

Collective and individual models. Simultaneous distributions. Mathematical models for re-insurance, especially Excess of loss. Fit model to real insurance data. Numerical methods for calculation of the distribution of the total claim size for a portfolio. Analysis of real insurance cases. Orientation in Dynamical Financial Analysis.

Intended learning outcomes

To pass the course, the student should be able to do the following:

  • define standard models in insurance mathematics
  • derive estimates of parameters in the models
  • fit models to real insurance data and with computer software analyse the results
  • apply models to real data
  • explain the basics of Dynamical Financial Analysis (DFA)

To receive the highest grade, the student should in addition be able to do the following:

  • Combine all the concepts and methods mentioned above in order to solve more complex problems.

Literature and preparations

Specific prerequisites

SF2940 Probability theory.

Literature

To be announced.

Examination and completion

Grading scale

A, B, C, D, E, FX, F

Examination

  • INL1 - Project, 3.5 credits, grading scale: P, F
  • TEN1 - Examination, 4.0 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

If the course is discontinued, students may request to be examined during the following two academic years.

Other requirements for final grade

Written exam.
Project assignments.
Participation at seminars.

Examiner

No information inserted

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

SCI/Mathematics

Education cycle

Second cycle