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Actuarial Mathematics of Reinsurance

Credibility, aggregate loss distributions, experience-vs-exposure rating and reserving, the actuarial engine of a disciplined reinsurer.

Credibility Theory

Bühlmann & Bühlmann-Straub weighting.

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Aggregate Distributions

Panjer recursion, convolution, FFT.

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Experience vs. Exposure

Reconciling the two pricing pillars.

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Reserving

Chain-ladder & Bornhuetter-Ferguson.

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Reinsurance Mathematics

Back to pricing & capital foundations.

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