ACTSC 362Introduction to Property and Casualty Practice

Units: 0.50
Faculty: Mathematics
Subject: Actuarial Science

When it runs

Ran in 0 of the last 7 terms. Winter 2027: not on the schedule. Spring 2027: schedule not out yet.

Introduction to property and casualty coverages. Claim payment process, development triangles, and diagnostic testing. Estimating ultimate claims using development, frequency-severity, expected and Bornhuetter Ferguson methods. Estimating unpaid claim and unallocated loss adjustment expense liabilities. Ratemaking process, including expense provisions, profit and contingencies, and adjustments for catastrophes and large losses. Pricing for deductibles and increased limits. Introduction to reinsurance pricing and reserving. Commercial lines pricing.

Prerequisites

Complete all of the following
- Earned a minimum grade of 60% in each of the following:
  - ACTSC231 - Introductory Financial Mathematics (0.50)
- Enrolled in H-Actuarial Science, JH-Actuarial Science, Actuarial Science Minor, or H-Mathematical Finance

Corequisites

Completed or concurrently enrolled in at least 1 of the following:
- STAT231 - Statistics (0.50)
- STAT241 - Statistics (Advanced Level) (0.50)

Antirequisites

None listed.

Leads to

No course lists it as a requisite.

Discussed on r/uwaterloo

2 posts and comments in 2 threads mention ACTSC 362, October 2024 to December 2024. Quoted word for word, newest first; each reply sits under the post and the comment that started its branch. Search r/uwaterloo for newer posts.

Fall 2024

Nov 2, 2024 What happens if a class only has 3 people registered? 9 points, 3 comments

u/Flashy-Charge-5187: “I’m registered in ACTSC 362 for winter but it seems only 3 people are enrolled in the class. Do they cancel the class? Do profs tend to make midterms and final easier when there are very few students (like in this case)?”

View on Reddit Remove this

Oct 19, 2024 Anyone have experience with ACTSC 362? 2 points, 0 comments

u/Flashy-Charge-5187: “There’s no review for it on UW flow, and no course outline has veered been posted. Has anyone taken this course before? How was it?”