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Unit details

MPM741 - Personal Injury Scheme Evaluation

Year2015 unit information
Enrolment modes:

Not offered in 2015

Credit point(s):1
EFTSL value:0.125
Unit chair:E Underhill
Incompatible with: Nil


This unit provides an introduction to the uses of actuarial information in the insurance industry and the kinds of information obtainable through actuarial processes.  In studying this unit, students will develop an understanding of how scheme economics can be used in strategic planning and decision-making relating to long-tail schemes.  Claims forecasting, optimal settlement, loss reserving, and the effects of asymmetric information will also be considered in the context of scheme assessment and evaluation.


Test (Multiple Choice) 20%, Assignment (Contribution to online discussion) 10%, Written Assignment (Group/up to 5 students) 6000 words 50%, Presentation of Group Assignment 20%

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