Welcome to STK4540: Non-Life Insurance Mathematics

As it is time for choosing courses for the autumn 
semester, I share here some useful information about the course:

The course will most likely be taught in English unless all students speak and understand Norwegian. Nevertheless, you may use Norwegian and/or English in your assignments, exams, questions, etc. if you so please. 

The book we will use is: Non-Life Insurance Mathematics: An Introduction with the Poisson Process, Thomas Mikosch, Springer-Verlag Berlin Heidelberg 2009, 2nd Edition.

This course will focus on the mathematical aspects of insurance, therefore, a good background in analysis and probability theory is recommended. We will of course review some old stuff.

The first lecture is on Friday 23rd of August, at 9:15 a.m. in Auditorium 2 in Vilhelm Bjerknes' building (the building next to Niels Henrik Abels hus).

The first lecture will be on basic information about the course and a crash course on basic probability theory and analysis. I really recommend to attend this lecture as many students really need to fresh up these concepts which will be used throughout the course. You can find the information for each lecture here.

The tentative curriculum for the course is: (not every section in all chapters are included, but most of it).

Chapter 2: Models for the Claim Number Process (a rather quick review as this is part of a required course)

Chapter 3: The Total Claim Amount (Except section 3.2)

Chapter 4: Ruin Theory

Chapter 5: Bayes Estimation

Chapter 6: Linear Bayes Estimation

(if time permits) Chapter 11: Cluster Point Processes (except for last section)

Welcome everybody and have a nice summer holidays!

Best regards,

David Ba?os