Insurance loss frequency and severity models; aggregate loss models; risk measures; ruin theory; coverage modifications.

Prerequisite(s): A minimum mark of 60% in Statistical Sciences 3657A/B. Restricted to students enrolled in any Actuarial Science module, or those registered in the Honours Specialization module in Statistics, the Major in Financial Modelling, or the Honours Specialization in Financial Modelling module.

Extra Information: 3 lecture hours.