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Contingent Payments 2 - ACST860
Multiple decrement models. Valuation of benefits and contributions under superannuation plans. Pricing and valuation of policies involving two lives. Cash flow and profit test models for life insurance products including traditional products, unbundled unit linked contracts and disability income products. Pricing and valuation for future contingent liabilities, and the effect of the pricing and valuation basis on the emergence of profit are considered. Students gaining a grade of credit or higher in both ACST859 Contingent Payments 1 and this unit may apply for exemption from subject CT5 of the professional exams of the Institute of Actuaries of Australia.
| Credit Points: | 4 |
| When Offered: | D1 - Day; Offered in Session 1, North Ryde D2 - Day; Offered in Session 2, North Ryde |
| Staff Contact(s): | Associate Professor Leonie Tickle |
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| Assessed As: | Graded |
| Offered By: | Department of Applied Finance and Actuarial Studies Faculty of Business and Economics |
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