ACST860: Contingent Payments 2
Multiple decrement models. Valuation of benefits and contributions under superannuation plans. Cash flow and profit test models for life insurance products including traditional products, unbundled unit linked contracts and disability income products. Pricing and reserving for future contingent liabilities, and the effect of the pricing and reserving basis on the emergence of profit are considered.
| Credit Points: | 4 |
| Contact Hours: | -- |
| When Offered: |
D1 - Day; Offered in the first half-year
D2 - Day; Offered in the second half-year |
| Staff Contact: | Associate Professor Leonie Tickle |
| Prerequisites: | ACST859 or admission to MCom or MIB or MEc or MActPrac prior to 2011 |
| Corequisites: | |
| NCCWs: | |
| Unit Designations: | Commerce |
| Assessed As: | Graded |
| Offered By: |
Department of Applied Finance and Actuarial Studies Faculty of Business and Economics |