401-3922-00L  Life Insurance Mathematics

Semester Autumn Semester 2017
Lecturers M. Koller
Periodicity yearly course
Language of instruction English

Abstract The classical life insurance model is presented together with the important insurance types (insurance on one and two lives, term and endowment insurance and disability). Besides that the most important terms such as mathematical reserves are introduced and calculated. The profit and loss account and the balance sheet of a life insurance company is explained and illustrated.