Kaisa_2012_3_photo by Veikko Somerpuro

Insurance mathematics is often split into two parts: life insurance mathematics and non-life insurance mathematics. The course Advanced Risk theory focuses on topics concerning non-life insurance mathematics. The aim of the course is to present probabilistic models that can be used to better understand the operation of, say, insurance companies. We will focus on questions related to the estimation of long term solvency and ruin probabilities. The classical setting is extended by introducing more realistic models. For example, we will study models with heavy-tailed inputs and models where returns on investments are taken into account.

The concepts of the course rely heavily on probability. It is recommended to take advanced courses Probability theory I-II and the first course MAST31802 Risk theory before taking Advanced risk theory.



We will use Piazza discussion platform during this course. If you do not have helsinki.fi address, please send me an email to jaakko.lehtomaa 'at' helsinki.fi so that I can add your email address manually.


Tästä osiosta löydät kurssin opetusaikataulun. Tarkista mahdolliset muut aikataulut kuvauksesta.

Ma 13.1.2020
16:15 - 18:00
Ti 14.1.2020
16:15 - 18:00
Ma 20.1.2020
16:15 - 18:00
Ti 21.1.2020
16:15 - 18:00
Ma 27.1.2020
16:15 - 18:00
Ti 28.1.2020
16:15 - 18:00
Ma 3.2.2020
16:15 - 18:00
Ti 4.2.2020
16:15 - 18:00
Ma 10.2.2020
16:15 - 18:00
Ti 11.2.2020
16:15 - 18:00
Ma 17.2.2020
16:15 - 18:00
Ti 18.2.2020
16:15 - 18:00
Ma 24.2.2020
16:15 - 18:00
Ti 25.2.2020
16:15 - 18:00

Muu opetus

17.01. - 28.02.2020 Pe 12.15-14.00
Jaakko Lehtomaa
Opetuskieli: englanti



Optional course.

Master's Programme in Mathematics and Statistics is responsible for the course.

The course belongs to the Mathematics and Applied mathematics module.

The course is available to students from other degree programmes.

Probability theory, Risk theory

Stochastic analysis I, II

The second course on insurance risk theory

Recommended time/stage of studies for completion: 1. or 2. year

Term/teaching period when the course will be offered: varying

Advanced ruin theory

Lecture notes

Lectures and exercise classes

Exam and excercises, Course will be graded with grades 1-5

Exam, other methods will be described later