| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| BNS453 | ACTUARIAL SCIENCE AND INSURANCE OPERATIONS | 7 | 3 | 3 | 8 |
Objectives and Contents |
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|---|---|
| Objectives: | To provide knowledge and skills to perform risk measurement and analysis under uncertainty by using statistical and mathematical methods in order to determine insurance premiums and reserves. |
| Content: | The course covers value and accumulated amount calculations, life tables, commutation tables, mathematical reserves, and premium and indemnity calculations in capital, life, and annuity insurance. |