Deree - Academics - Course Descriptions

EC 4435
Insurance Issues and Reporting - Level 6
Basic pricing of life & non-life products. Experience rating. Loss ratio. Provisions. Chain-ladder method for estimating outstanding claims provision. Current life assurance issues. Insurance company financial statements. Ratio analysis. Old accounting rules vs. IFRS. European Embedded Value (EEV). Insurance industry regulation. Solvency I & Solvency II.
Prerequisites: EC 1000 EC 3324 MA 1009 MA 2010
UK Credits: 15
US Credits : 3/0/3
Syllabus: Download