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Property and Casualty Insurance ACMA 470 (3)

Ratemaking: terminology, process, trend, ultimate losses, expense provisions, profit and contingencies, overall rate indications, classification rates, increased limits. Individual risk rating: prospective systems, retrospective rating, design. Loss Reserving: accounting concepts, definitions, principles, loss reserving process. Risk classification: relationship to other mechanisms, criteria for selecting rating variables, examples, efficiency, estimating class relativities. Covers part of the syllabus for Exam 5 of Casualty Actuarial Society. Cannot repeat for credit if taken as STAT 490 or ACMA 490 previously. Quantitative.

Section Instructor Day/Time Location
E100 Sessional
Tu 6:00 PM – 8:50 PM
HCC 1510, Vancouver