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Insurance Actuarial Theory
Release Date: 2017-09-221. Basic Course Information
Course code: 054083
Course Name: Insurance Actuarial Theory
Course Type: Professional Courses
Periods: 48
Credit: 3
Target Students: Undergraduate Students Majoring in Insurance
Assessment: Examination
Preparatory Course: Insurance，Probability and Mathematical Statistics
2.Course Introduction
Insurance Actuarial Theory is a subject to analyze and forecast all kinds of risks of insurance industry by means of mathematics, probability statistics methods and finance models. Insurance actuarial synthesizes actuarial theory, risk analysis technology and insurance practice. The subject primarily includes basic knowledge of interest theory and survival functions, net single premium, life annuity, net level premium, reserve for net level premium and its calculation principle, cash value and dividends of insurance policy and their calculations.