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Umeå University
Non-life Insurance Mathematics
This course is concerned with reserving and pricing of non-life insurance policies, considering various characteristics of the insured object and the policyholder. We will start by exploring pricing using Generalized Linear Models (GLMs), a method introduced by British actuaries and now widely adopted in the industr…
- Higher education
- Information unavailable
- 2 November 2026
- Information unavailable
- Information unavailable
- 50 %
Overview
This course is concerned with reserving and pricing of non-life insurance policies, considering various characteristics of the insured object and the policyholder. We will start by exploring pricing using Generalized Linear Models (GLMs), a method introduced by British actuaries and now widely adopted in the industry. In cases with insufficient data, we will combine GLMs with credibility theory to obtain reliable estimates. Reserving is concerned with estimating payments for incurred but not (enough) reported claims. Here we will study methods such as the chain ladder method. Besides the theoretical knowledge, an important part of the course is to develop the students' ability to apply the methods discussed on real data.
Admission scores
Entry requirements
The course requires 90 ECTS including at least 30 ECTS in Mathematics, 15 ECTS in Mathematical Statistics or Statistics and at least 7,5 ECTS in Programing Methodology, or equivalent. Proficiency in English equivalent to the level required for basic eligibility for higher studies. Where the language of instruction is Swedish, applicants must prove proficieny in Swedish to the level required for basic eligibility for higer studies.
The text is reproduced from the Susa source. Antagningsdata does not map GY11 and GY25 or assess personal eligibility.
Source, measure and data quality
- Source
- Skolverket Susa-navet
- Period
- 2026-11-02
- Measure
- Entry-requirement text reproduced from the published Susa data; no personal eligibility assessment is made.
- Population
- Education offering e.uoh.umu.5ms087.5800i.20262
- Last checked
- 2026-09-23T10:39:35.037285+00:00
- Limitation
- Antagningsdata does not map GY11 and GY25. General and specific conditions are not separated without structured source data.
Programme content
Study structure
Application and important dates
- Programme or course starts
- Programme or course ends
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Common occupations after graduation
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Geographical background
Previous upper-secondary schools and programmes
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About the provider
Sources and data quality
Education facts for the selected offering come from Skolverket Susa-navet.
Retrieved . Published . Times are shown in Swedish local time.
Source identity and publication version
- Publication version
- 8e217193-f5fa-4778-b085-a4521fd03e8d
- Education identity in the source
- i.uoh.umu.5ms087.5800i.20262
- Offering identity in the source
- e.uoh.umu.5ms087.5800i.20262
- Education-form source code
- HS
- Education code in the source
- 5MS087
- Change time according to the source
- 2025-12-11T08:05:34
The provider, education and education offering are separate identities. Application information should be checked on the official website. Supplementary statistics have not been obtained from this source.