Week 1 Study Plan
Week 1
Overview
This week, we will cover the following topics:
- Introduction to the course: what are the topics we will cover in this subject, and how are they connected?
- Module 1, which introduces the basics of loss reserving: what it is, why it matters, notation, data
- We will also introduce the Excel component of the subject (Module 6.1)
See also detailed learning outcomes of 1.2 (utility theory) of the CM2 syllabus here.
Main references and lectures
Prerequisite knowledge
Please review the Prerequisite knowledge page for this course. This is not exhaustive by any means, but provides minimum knowledge you should be comfortable with. Note that Tutorials in Week 1 are your opportunity to ask about those topics.
Module 1: Basic Reserving Concepts
Read: Module 1: Basic Reserving Concepts
Watch: refer to your lecture recording under “Lecture Capture” (UG/PG).
Module 6: Excel topics
Read: Module 6: Excel topics
Watch: refer to your lecture recording under “Lecture Capture” (UG/PG).
Additional preparation and resources
Mandatory
- Read the
Subject Guide. - Review the
Prerequisite knowledge. - Chapter 1 of Taylor (2000) (for Module 1)
Tutorials
Please let us know of any mistake or required update on Ed.
Tutorial materials
This week
To be announced after the lectures.
Next week (week 2)
To be announced after the lectures.
Preparation for assessment
Mid-semester (15%) and final (60%) exams
- Nothing to do for now - just don’t fall behind!
Assignment (25%)
- Nothing to do for now.