Beskjeder
The exam will consist of 3 problems with different number of subproblems. One problem on general insurance (40%), one problem on life insurance (30%) and one final problem on financial risk and Black-Scholes model (30%).
No formulary will be allowed. Just bring a calculator.
To have an idea of the type of questions and formulas you may need to remember/deduce have a look at the exams (and solutions) from previous years. In particular the ones I uploaded at the bottom of this page. These are the exams from 2016 to 2024 (2018's exam is missing). ?You can ignore some of the questions regarding the computation of reserves and exposures in the exams from 2022 to 2024, since we have opted for another approach in the lectures.
Good luck to everyone!
The lectures Wednesday 29 of October are cancelled. We will resume the lectures Friday 31 of October.
Please check that you are solving the assignment with date 27th of October. In the previous one some data needed in order to solve 1.3 and 1.4 was missing. You can use the same link to download the updated version of the assignment.
Next Wednesday 24, since I have to attend another event at 9:00, I will start the lecture at 7:45 and I will finish at 9:00.
This ONLY applies to next Wednesday.
1. Right click on the link and choose "save as" or similar, depending on the browser
2. Either use the cloud version of Jupyter Notebook ( https://jupyterhub.uio.no/ )
or
install Anaconda, install in it an R-environment and run it in Jupyter Notebook from Anaconda and open the file.
Tomorrow's lectures (17.9) are cancelled due to sickness of the teacher. You can read on your own sections 2.4-2.5 of B?lviken's book.
Next Friday I will very quickly review this material and I will start doing exercises in chapter 2 of B?lviken's book.
In particular:
Prove formula for mean and standard deviation for MC estimator of mean
Prove formulas for CDF, expectation and variance of lognormal distribution
Example 2.2.3 from the book
Ex.2.1, 2.2, 2.4, 2.5, 2.6, 2.9, 2.10, 2.12
The student representative for STK3505/4505 will be Hanya Barakzahi and you can contact her at "hanyab at uio.no".
Please contact her if you have any comment or suggestion for the course.
I remind you that Wednesdays I will start the lectures at 8:30 and we will only have 5 minutes of break.
Welcome to the course "Introduction to Insurance Mathematics"!
We will start the lectures: Friday, 22th of August.