Syllabus
Basic notions. Parametric models of claim sizes and claim counts, basic characteristics of loss variables, compound distributions. Introduction to rate making: tariff variables, tariff classes, calculation of premium rates.
Types of technical provisions in life and non-life insurance, definition according to the Czech accounting standards and according to the international accounting standards. Basic forms of proportional and non-proportional reinsurance, methods of reinsurance pricing. Specifics of the insurance companies accounting.
Annotation
Required course for Financial mathematics.