Life Contingencies Demography

AY2023/2024 Semester 1

This course builds on the knowledge of BA2202 Mathematics of Finance and BA2204 Models. The topics include assurances and annuities, prospective and retrospective reserves, mortality profit, joint life status, last survivor status, contingent assurances, reversionary annuities, multiple decrement models, pension funds, discounted emerging cost techniques and demography.