Browse Hierarchy MTH7025P: Survival Models

Survival models are of crucial importance in the Insurance and Pensions industry. This module covers part of the core principles syllabus of the IFoA's Subject Actuarial Statistics (CS2). The material covered includes the mathematics of survival models, estimation of lifetime distributions, Binomial and Poisson mortality models, graduation of crude rates, goodness-of-fit of derived models, and methods of projecting mortality rates. This module provides deep knowledge of a number of parametric and non-parametric statistical approaches and methods developed by actuaries using age-specific death rates for survival and mortality. Tests of the consistency of crude estimates with a standard table using a number of non-parametric methods is also studied.