Nanyang Technological University

Nanyang Business School

Nanyang Business School - Undergraduate Programmes

Course Description

BA322 / BA3202 Actuarial Statistics

Acad Unit: 4
Pre-requisite: AB1202 & BA2203 OR MTH351 & MTH353

Course Description:
This course covers the application of probability theory and statistical methods to some insurance
problems. The topics covered include loss distributions, premium principles, risk models, ruin theory, reinsurance, experience rating, run-off triangles, time series models, generalised linear models, and simulation methods.