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Contingent Payments 2 - ACST860

Topics covered in this unit include:
- 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.

Students gaining a grade of credit or higher in both ACST859 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:

S1 Evening - Session 1, North Ryde, Evening

S2 Day - Session 2, North Ryde, Day

Staff Contact(s): Actuarial staff

ACST859 Prerequisite Information


NCCW(s): ACST882
Unit Designation(s):




Assessed As: Graded
Offered By:

Department of Actuarial Studies and Business Analytics

Faculty of Business and Economics

Course structures, including unit offerings, are subject to change.
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