| Review Of Distribution Theory; Loss Distributions; Moments and mgfs; Risk Models: Collective and
Individual; Re-Insurance; Run-Off Triangles: The Basic chain ladder method and more advanced
methods for calculating outstanding claims provisions in general insurance; Decision Theory and
applications; Bayesian Theory : Bayes theorem, Use of prior information, Model based Bayesian
Inference, Posterior Distributions, Point Estimation, Highest Posterior Density and Central Posterior
Density, Credibility theory and the use of collateral data in estimation, The empirical Bayes
credibility approach ; Concepts of rating; Ruin Theory ; Random Number Generation and Monte
Carlo Simulation for risk measures. |
Administrative assistant: DILMAHOMED BOCUS Bibi Swaleha
Telephone: 4037400
Email: s.dilmahomed@uom.ac.mu |
