Jul 13, 2024  
2023-2024 Graduate Catalog 
    
2023-2024 Graduate Catalog [ARCHIVED CATALOG]

AS 8360 - Insurance Ratemaking


3 Credit Hours
Description
This new course exposes the students to the principles and techniques involved in insurance ratemaking across various product lines (life insurance, health insurance and Property & Casualty insurance). Insurance ratemaking (or pricing) is a key function performed by actuaries and is fundamental to the financial viability of an insurance company. The course will incorporate policy and claims experience, pricing assumptions, profitability targets, and capital requirements in developing premium rates.