The due dates for all assignments will be announced in class. There
will be other assignments in addition to these also announced in class.
All assignment should be left in your personal dropbox folder.
Determine the risk premium in the
- Run-off assignment
Find an insurance company in run-off. Report that company and a link
to either the company or the information on its run-off status.
- Law of large numbers
Using the data in the the
Law of large numbers spreadsheet
provide the mean and standard deviation of the sample averages for the two
cases, i.e., n = 2, 10. Are the results consistent with the law of large numbers?
- Pricing assignment
Using the data in Table 2-2 in the
excel document finish constructing Table 2-2 and then construct Tables 2-3
and 2-5 to determine the level term premium for a twenty year term insurance
policy. Use the same method as that developed in the lecture on
- Endowment pricing assignment
Determine the price
for an endowment insurance policy. Suppose the contract is for 20 years and
pays a death benefit of $1,000 if the insured dies but also pays $1,000 at
the end of 20 years if the insured survives. Using the data in Table 2-2 in
excel document finish constructing Table
2-2 and then construct Tables 2-3 and 2-5 to determine the level premium for
the endowment insurance.
- State of the Union assignment
Send a link to the State of the Union speech. Note what the
President says about Social Security and Medicare. Give me your
opinion about the proposals in one short paragraph.
- Universal life assignment
whole or universal life insurance. Ask it class on
- Spanish flu assignment
Search the web
for information on the Spanish flu, including the estimated number of
deaths. Report the link and estimated numbers of deaths
- State of the Insurance
Compose one question on this presentation.
- Life annuity assignment
Using the data in the
Mortality Table, calculate the life annuity value for a female who
purchases the life annuity at age 65.
Friday, 27 January 2012 12:46 -0700