Nanyang Technological University

Nanyang Business School

Nanyang Business School - Undergraduate Programmes

Course Description

BA3202 Actuarial Statistics

Acad Unit: 4
Pre-requisite: AB1202 & BA2203 or MH3500 & MH3511

Course Description:

This course covers some major areas of actuarial statistics, the application of probability theory and statistical methods to insurance problems. The topics covered include decision theory, loss distributions, risk models, ruin theory, reinsurance, experience rating, run‐off triangles, time series models, generalized linear models, and simulation methods.