Actuarial Modeling - ACS 603

This course covers the following topics: Severity, Frequency and Aggregate models; Impact of coverage provisions (deductibles, limits and coinsurance) on severity, frequency and aggregate models; Application of parametric and empirical estimation on complete, censored and truncated data; Application of Model Selection and Evaluation through graphical methods, goodness of fit tests, Likelihood ratio test, and score-based approaches.