ASRM 462

Fall 2026 All Classes

All Classes

Advanced Loss Models, Credibility, and Ratemaking

Credit: 4 hours.

Advanced loss models used in casualty, property and health insurance. Topics include mixed and aggregate loss models, the model building cycle from model specification, to parameter estimation and calibration, to model implementation and selection, and to model assessment. Credibility theory will be also be discussed, including Buhlmann, Buhlmann-Straub and Bayesian credibility. The course also covers ratemaking and reserving in casualty insurance.

4 undergraduate hours. 4 graduate hours. Credit is not given towards graduation for both ASRM 462 and ASRM 561. Prerequisite: ASRM 401 or STAT 400; ASRM 461.

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ASRM 462 class schedule data for fall 2026
	Status		CRN	Type	Section	Time	Day	Location	Instructor	Section Details
			78307	Discussion/ Recitation Lecture	ALM ALM	11:00AM -11:50AM 9:30AM -10:50AM	F TR	3117 Everitt Laboratory 144 Loomis Laboratory	Freiji, C	Availability: CrossListOpen (Restricted) Part of Term: 1 Date Range: 08/24/26-12/09/26 Credit: 4 hours Restriction(s): Restricted to Actuarial Science major(s).