Syllabus
1. Actuarial demography. Remaining lifetime. Force of mortality.
2. Life Tables and commutation functions.
3. Financial mathematics. Financial annuities.
4. Traditional capital products of life insurance. Deferred and variable insurance benefit.
5. Life annuities. Deferred and variable life annuities. Life annuities payable m-times per year.
6. Net premium calculation. General type of life insurance.
7. Calculation of net premium reserve. Savings premium and risk premium.
Annotation
Model of random future lifetime. Net single premium and net premium of basic products of life insurance.
Net premium reserve.