Week 9

Overview #

This week, we will cover the following topics:

• Actuarial Practice:
  • n/a
• Actuarial Techniques:
  • EPV of a single contingent payment ( Sections 1 and 2)
  • EPV of a series of contingent payments ( Section 3)

If you wish to watch the embedded videos from Lecture Capture, you need to have logged in and entered Lecture Capture via Canvas once for each session. This is to restrict access to students enrolled at the University of Melbourne only.

See also detailed learning outcomes for this week.

Main references and lectures #

Actuarial Practice #

n/a

Actuarial Techniques #

EPV of a single contingent payment #

Read: Sections 1 and 2 of Valuing Contingent Payments and Life Insurance

Annotate: slides

Watch Monday’s lecture (Sections 1 and 2): available later

annotated slides from the pre-recorded lecture

If you wish to watch the embedded videos from Lecture Capture, you need to have logged in and entered Lecture Capture via Canvas once for each session. This is to restrict access to students enrolled at the University of Melbourne only.

EPV of a series of contingent payments #

Read: Sections 3 of Valuing Contingent Payments and Life Insurance

Annotate: slides

Watch Wednesday’s lecture (Section 3):

annotated slides from the pre-recorded lecture

If you wish to watch the embedded videos from Lecture Capture, you need to have logged in and entered Lecture Capture via Canvas once for each session. This is to restrict access to students enrolled at the University of Melbourne only.

Additional preparation and resources #

Mandatory #

1. n/a

Optional #

1. 5.1-5.4 of Atkinson and Dickson (2011)

Tutorials #

The document will all questions and solutions is available here: Tutorial set.

This week #

This week, tutorials will focus on life insurance practice ( week 8 materials).

Note that due to the COVID-19 restrictions in Victoria, all tutorials will be on Zoom; follow the links under Zoom on Canvas.

Here is the recording available for Week 9: