ASCI4210-A Loss Models I

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Registration begins Monday, Mar 31, 2025

School of Data Intelligence and Technology
Undergraduate

Term: Fall 2025
Session: Full Term (Aug 25 - Dec 12)
Start Date: Monday, Aug 25, 2025
End Date: Friday, Dec 12, 2025
Availability: On Campus
Day(s): Mon./Wed./Fri.
Time: 01:00 PM to 01:50 PM

This course covers the fundamentals of modeling the losses of short-term insurance coverages. Students will learn aboutthe various types of short-term coverages such as property/casualty insurance and health insurance as well as commoncoverage modifications. Common models for frequency severity and aggregate losses are discussed. A thoroughknowledge of calculus probability and mathematical statistics is assumed. The course is designed to help students preparefor the Fundamentals of Actuarial Mathematics exam (FAM) and the Advanced Short-Term Actuarial Mathematics(ASTAM) exam offered by the Society of Actuaries.Prerequisites: STAT 3140 and 3150