Assignments:

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.

  1. Risk premium assignment. 
    Determine the risk premium in the exercises.
  2. 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.
  3. Law of large numbers assignment
    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?
  4. Pricing assignment
    Using the data in Table 2-2 in the assignment 2 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 chapter 2.
  5. 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 the 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.
  6. 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.
  7. Universal life assignment
    Compose one question on whole or universal life insurance.  Ask it class on February 21st
  8. 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 
  9. State of the Insurance Industry
    Compose one question on this presentation.
  10. Life annuity assignment
    Using the data in the 2001 CSO Mortality Table, calculate the life annuity value for a female who purchases the life annuity at age 65.

 

Modification Date:  Friday, 27 January 2012 12:46 -0700
Comments to: Richard MacMinn