Utility theory (CM2 1.2)

Risk and Insurance

This section covers contents in the Section 1.2 in the CM2 syllabus ; see also the learning outcomes mappings in the Subject Guide.

The main references for Module 1 is:

Note

[Joshi] Joshi, M., Paterson, J. M. (2013), Introduction to Mathematical Portfolio Theory, Cambridge University Press, ISBN 9781107042315

Chapter 2 of following reference is also relevant (as additional reading):

Note

[Dickson] Dickson, D. C. M. (2016) Insurance Risk and Ruin, 2nd Edition, Cambridge University Press, https://doi.org/10.1017/9781316650776