News
Final examWritten on 11.06.25 by Thuan Nguyen Dear students, Next week, we will have a 2-hour lecture on Monday, 16 June, and a 1-hour tutorial on Wednesday, 18 June. The course will be finished after that. There are two options for the final exam, which will be conducted in an oral format, with approximately 30 minutes per… Read more Dear students, Next week, we will have a 2-hour lecture on Monday, 16 June, and a 1-hour tutorial on Wednesday, 18 June. The course will be finished after that. There are two options for the final exam, which will be conducted in an oral format, with approximately 30 minutes per session: Early exam: This will take place in the last week of June, preferably on 26 or 27 June (from 9:00 to 12:00). If you would like to take the early exam, please email me to register and indicate your preferred time slots. The deadline for registration is Friday, 20 June. Later exam: This will take place in July or afterward. For this option, you need to contact Prof. Herzberg (herzberg@math.uni-sb.de) to arrange an appointment, as he will be the examiner. Please note that the exam cannot be re-taken (i.e., there is no "second exam"). Please let me know if there are questions that you may have. Kind regards, Thuan Nguyen |
Additional readingWritten on 06.06.25 by Thuan Nguyen Dear students, As kindly agreed by Prof. Herzberg, I am sharing his note, which provides additional materials for the course. The note includes the following topics: Dear students, As kindly agreed by Prof. Herzberg, I am sharing his note, which provides additional materials for the course. The note includes the following topics: This file can be found under the Materials page. Kind regards, Thuan Nguyen |
Online lecture on Monday, 26 MayWritten on 25.05.25 by Thuan Nguyen Dear students, Due to a practical reason, I will not be able to present the lecture on-site tomorrow, Monday 26 May. Alternatively, I would like to arrange an online lecture via MS Teams (only on Monday, 26 May). Please join using the following link: Dear students, Due to a practical reason, I will not be able to present the lecture on-site tomorrow, Monday 26 May. Alternatively, I would like to arrange an online lecture via MS Teams (only on Monday, 26 May). Please join using the following link: I am sorry for this inconvenience, we will be back to on-site lectures as usual afterward. Kind regards, Thuan Nguyen
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Written on 19.05.25 (last change on 19.05.25) by Thuan Nguyen Dear students, To balance the progress between the lecture and tutorial sessions, we will have on this Wednesday, 21 May, a two-hour tutorial instead of a one-hour one. Because of this, Assignment Sheet 6 has been updated to include one additional exercise. Best regards, Thuan Nguyen
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Non-Life Insurance Mathematics
Summary
This lecture course covers the fundamental concepts and results of non-life insurance (i.e. property and casualty insurance):
- Standard models of non-life insurance
- Risk reduction by pooling risks
- Ruin theory
- Calculations of premiums I: risk measures
- Calculations of premiums II: credibility theory
- Loss reserving
- Basics of reinsurance
Time & Venue
Lectures and Tutorials:
In general, there are a 3-hour lecture and a 1-hour tutorial each week. This plan will be sometimes adjusted according to the practical progress (e.g., for certain weeks, there are a 2-hour lecture and a 2-hour tutorial).
Please check the timetable.
Monday, 12:30 - 14:00, at Seminarraum 6 (217) (building E2 4)
Wednesday, 12:30 - 14:00, at Hörsaal IV (115) (building E2 4)
Start: 07 April
End: 23 June.
Recommended Prerequisites
- Stochastics I
- Stochastics II
Exam
There will be oral exam in the end of the course.
References
Principal text:
- Lecture notes by Prof. H. Zähle
(successively published after the lectures under → Materials)
Supplementary:
- Thomas Mikosch, Non-Life Insurance Mathematics (2nd ed.). Springer, 2009
- Hanspeter Schmidli, Risk Theory. Springer 2017
Contact
nguyen@math.uni-saarland.de
herzberg@math.uni-sb.de