Skip to Content

2009 Course Handbook

ACST861: Mathematical Theory of Risk

Use of statistical models in insurance: statistical models of the claim frequency and of claim size are studied. These models are a basis for the study of risk theory, ruin theory and reinsurance. The use of no claim discount systems as a method of experience rating is described. Decision theory and simulation are also studied.

Credit Points:4
Contact Hours:--
When Offered: D1 - Day; Offered in the first half-year
Staff Contact: Associate Professor Leonie Tickle
Prerequisites:

Corequisites:

STAT810

NCCWs:

Unit Designations: --
Assessed As: Graded
Offered By:

Faculty of Business and Economics

Timetable Information

For unit timetable information please visit the Timetables@Macquarie Website.

Recent Updates

17 Oct 2008 - EDUC80P

Program title amended