Liability Modelling

Module code: MA3266

This module will take an in-depth approach to investment risk, its measurements and the advantages and disadvantages of the different measures. We will explore how insurance companies help to reduce or remove risk, and gain a deeper understanding of simple stochastic models for investment returns. This module will provide the opportunity to construct, interpret and discuss the models underlying liability valuations.

Learning

  • 33 hours of lectures
  • 2 hours of seminars
  • 11 hours of practical classes and workshops
  • 104 hours of guided independent study

Assessment

  • Exam, 2 hours (70%)
  • Coursework (30%)