Syllabus
Modelling claims frequency and severity. Characteristics of compound distributions.
Recursive calculations and approximations of compound distributions. Technical reserves in non-life insurance. Stochastic models of claims development.
The analysis of development triangles. Forms of reinsurance.
Reinsurance premium calculation.
Annotation
Modeling claims in non-life insurance. Parametric models and their identification.
Methods of calculation of the distribution of aggregate claims. Technical reserves in non-life insurance.
Reinsurance.