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9/5: Exercises 15.6.8-11 and 13.3.4-6. Then a summary of the course and a little about the exam.

Exercises 2/5 and 9/5: 15.6.1.1-11 og 13.3.4-6. On 9/5 (the last day of teaching) a summary of the course will be given. A final "pensumliste" will be put out on the web before that time.

25/4: Completes the lecturing on asset-liability management, then the three small exercises 15.6.1,2,3 before Oblig5 after the second break.

18/4: First Exercises 15.5.5,6,8,9 (program equityint available on the web), then start on "Assets and Liabilities" before Oblig 4 at the end. Exercises 13.3.4-6 will be postponed until 25/4.

R-programs for some of the exercises 15.3.1-6 available on the web page.

11/4: Lectures on "Simulating asset portfolios" (Section 5). Exercises: 15.3.1-6.

28/3: Lecture on 'Risk due to discounting and inflation'. Exercises: 15.2.8-11, 15.3.1-2.

Eksam on May 24 and 25 (Thursday and Friday). Home exams will be put out on the web on Monday 21 around ten in the morning. They are adapted to the obligs (keep the computer programs written for those) and will be individual for each oblig pair. The home exams are to be answered as brief, written reports, handed in on paper to Room 833 in the Abel building no later than 15.00 on May 23. The exam itself is an oral presentation lasting around 20-25 minutes (with questions) and then some additional questions relating to other parts of the course. The presentation may be in terms of power point, overhead or the blackboard, choose the means yourself.

Programvare til oppgavene til 22/3 lagt ut. Der antakelser mangler, finn p? noen plausible selv!

22/3: Finish "Life table risk" and perhaps start on "Risk due to discounting and inflation", "Exercises: 15.2-1-15.2.7 and finally the oblig1 presentation.

R programs to fit garch models made available on the web page

14/3. Lectures "Life table risk" , section 2 in "Integrating risk from different sources". Exercises : 13.3.1-7. Data Oslo Stock Exchange downloadable from the web page.

Kj?replan oblig: Oblig 1,2,3,4,5,6 presenteres i rekkef?lge 21/3, 28/3, 11/4, 18/4, 25/4, 2/5.

7/3: Lectures on stochastic volatility (section 2 and 3) in "Stochastic assets models". Exercises: 13.4.1-6.

29/2: Lectures Sections 4 and a little on Section 5 in "Stochastic Asset models". Exercises: 11.5.4-6 and (if time permits) starting on 13.4.1-6.

Lectures from february 29 and onwards will be coordinated with and adapted to what is required for the obligs. February 29 and March 7 will discuss financial modelling ("Stochastic asset models") which will be handed out on paper and then two additional weeks on life table risk and fair value accounting (Sections 2 and 3 in "Integrating risk of different origin" which will also be handed out).

Six obligs put on the web, four in property insurance, one in life insurance and one on financial risk. Students will be divided into pairs except for oblig 1 which is for one studnet only. We'll discuss details on February 22.

22/2: Exercises 11.4.1-8, 11.5.1-6 and comments around the obligs that will be put out on the web prior to 22/2. No lectures.

15/2: Lectures on sections 5 and 6 in "Liabilitites over long". Exercises: 7.5.3, 7.5.4, 7.6.1, 7.6.2, 11.4.1, 11.4.2, 11.4.3

8/12: Section 1 and 4 of "Liabilities over long" will be lectured, it will probably take a bit less than two hours. Exercises: 7.4.5-6, 7.5.1-4, 7.6.1-2.

February 1:. Will finish "nested bootstrap" and discuss the "bayesian approach" to error evaluation. Exercises: 7.2.7, 7.4.1-6. The Belgianfire data can be downloaded from the hoeme page where it's been made accessible.

The oblig will be an oral presentation later this spring term. Students will be divided in pairs with each pair having the responsibility for a 45 minutes presentation of a topic defined in cooperation with the lecturer. Powerpoint will be available and and it's ok to use Norwegian.

25/1: Lectures sections 3,4,5 in "Historical estimation and error" (two hours) and then Exercises 7.1,2,4,5,6,7

Modified time: The lecture on Thursdays will be moved to Wednesday so that teaching will take place 09.15-12.00 in room B70 from January 25 on. There WILL be a Thursday lecture tomorrow January 19.