Prerequisites: MET AT 531 or consent of instructor. Continue with the development of short-term financial models introduced in MET AT 531. This course addresses severity, frequency, and aggregate models, and evaluation of both complete and incomplete data. It also covers mathematical models for specific types of insurance, such as medical, automobile, and disability insurance. Credibility models comprise the final topic for the course, and the Classical, Bühlmann-Straub, and Bayesian methods are discussed. The material covered in this course may help you prepare for the SoA Exam ASTAM.

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