uwloo

ACTSC 462Introduction to Property and Casualty Pricing

Faculty
Mathematics
Last listed
Spring 2020

No longer offered. It was in Waterloo’s course catalog since at least Winter 2020 (as far back as Open Data goes) to Spring 2020. It isn’t in the 2024–25 or later calendars.

In the course catalog from Winter 2020 to Spring 2020; Open Data has no classes for it in that time.

An introduction to property/casualty rate making. The economics of insurance. The ratemaking process. Individual risk rating. Reinsurance, expense issues. Pricing for deductibles and increased limits.

Requirements, as last listed

Prereq: AFM 272/ACTSC 291 or ACTSC 231; Actuarial Science or Mathematical Finance students only. Antireq: ACTSC 363

Reviewed on UW Flow

60% liked it75% easy100% useful

From 5 ratings and 2 comments on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.

  • Fun course with real world-applications

    Dec 2019 · liked itOn UW FlowRemove this

  • Very interesting course for those interested in P&C. This gives a very good introduction to the fundamental pricing concepts used in the industry. Not exceptionally difficult either.

    Dec 2018 · liked itOn UW FlowRemove this

Discussed on r/uwaterloo

9 posts and comments in 7 threads mention ACTSC 462, March 2017 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.

Winter 2019

STAT444 Advice 5 points, 28 comments

“Is anyone else struggling with this class? The assignments have taken forever but I don't even feel like they've helped me understand the course better. …”

u/n3bel: “reading this made me so glad i dropped this class”

u/n3bel: “Including ones crosslisted with grad courses (I'll list the 4xx course code BC easier), in no particular order: STAT 430/441/450/454/433/443/431 ACTSC 431/445/446/432/462 CS 476”

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Fall 2018

Actsc 453/462 1 point, 1 comment

u/teamtroll1: “Hey I was wondering what the opinions of the ppl who took these courses are and what semester they took it in. I'm trying to find in which terms I can take these courses but I can't find that information.”

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CS330 ACTSC462 5 points, 5 comments

u/milmihook: “I'm debating whether to take CS330 or ACTSC462. It seems like both courses are based heavily on memorizing and reading. I kinda glance through the actsc462 slides on chapter 1 and 2 and it is kinda similar to a combination of mthel131 and acstc371 lol. …”

[deleted]: [deleted]

u/DelonWright: “really? Actsc 462 was my least favourite actsc course I’ve ever taken. Like nails on a chalkboard. You couldn’t pay me to take that one again.”

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Fall 2017

PSA: UWCourseLinker back up, disabled by default, call with [[course code]] 39 points, 31 comments

u/RayDWatson: “… [[ACTSC445]] [[ACTSC446]] [[ACTSC453]] [[ACTSC455]] [[ACTSC458]] [[ACTSC459]] [[ACTSC462]] [[ACTSC463]] [[ACTSC468]] [[ACTSC469]] [[ACTSC471]] [[ACTSC611]] [[ACTSC612]] [[ACTSC613]] [[ACTSC614]] [[ACTSC615]] [[ACTSC621]] [[ACTSC622]] [[ACTSC623]] [[ACTSC624]] [[ACTSC625]] …”

u/UWCourseLinker: “… Insurance Practice ACTSC 458 - Insurance Law ACTSC 459 - Group Life and Health Insurance ACTSC 462 - Introduction to Property and Casualty Pricing ACTSC 463 - Introduction to Property and Casualty Loss Reserving ACTSC 468 - Readings in Actuarial Science 1 ACTSC 469 - Readings in …”

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Any way to disable UWCourseLinker from posting? 16 points, 26 comments

“posting a reply to my comment I find the bot annoying.”

u/Jackhofmann: “PSYCH 483 PSYCH 484 PSYCH 485 PSYCH 486 PSYCH 490R PSYCH 499A PSYCH 499B PSYCH 499C PSYCH 621 PSYCH 630 PSYCH 677A PSYCH 704A PSYCH 704B PSYCH 707 PSYCH 710 PSYCH 714 PSYCH 717 PSYCH 720A PSYCH 721A …”

u/Jackhofmann: “… ACTSC 231 ACTSC 232 ACTSC 331 ACTSC 371 ACTSC 372 ACTSC 431 ACTSC 432 ACTSC 445 ACTSC 446 ACTSC 462 ACTSC 611 ACTSC 612 ACTSC 613 ACTSC 614 ACTSC 615 ACTSC 845 ACTSC 846 ACTSC 970 ACTSC 972 ACTSC 974 ACTSC 991 AFM 101 AFM 102 AFM 123 AFM 131 AFM 202 AFM 203 AFM 204 AFM 231 AFM …”

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Winter 2017

Check it elsewhere

In the scanned calendars

How it read in each calendar from 1987–88 to 1994–95, newest first. The text is OCR of the scanned pages; years whose wording matches are shown once, from the clearest scan. Each year links to its page on uwloo and to that page of the scanned PDF.

1992–93 to 1994–95 3 calendars

Individual risk rating. Risk classification in property/casualty insurance. Reinsurance. Expense issues. Reserving for insurance

and loss adjustment expenses. Investment income.

Prereq: ACTSC 363

Offered Winter · 3 class hours a week · 0.5 credit

Not in the 1988–89 to 1991–92 calendars.

1987–88 1 calendar

Another title: Selection of Risks 2, probably a different course under the same number (or a misread scan).

* Listed that year without a description, or as not offered.