Studying at the University of Verona
Here you can find information on the organisational aspects of the Programme, lecture timetables, learning activities and useful contact details for your time at the University, from enrolment to graduation.
Academic calendar
The academic calendar shows the deadlines and scheduled events that are relevant to students, teaching and technical-administrative staff of the University. Public holidays and University closures are also indicated. The academic year normally begins on 1 October each year and ends on 30 September of the following year.
Course calendar
The Academic Calendar sets out the degree programme lecture and exam timetables, as well as the relevant university closure dates..
| Period | From | To |
|---|---|---|
| primo semestre lauree magistrali | Oct 1, 2018 | Dec 21, 2018 |
| secondo semestre lauree magistrali | Feb 25, 2019 | May 31, 2019 |
| Session | From | To |
|---|---|---|
| sessione invernale lauree magistrali | Jan 7, 2019 | Feb 22, 2019 |
| sessione estiva lauree magistrali | May 27, 2019 | Jul 5, 2019 |
| Sessione autunnale | Aug 26, 2019 | Sep 13, 2019 |
| Session | From | To |
|---|---|---|
| Sessione autunnale (validità a.a. 2017/18) | Dec 6, 2018 | Dec 7, 2018 |
| Sessione invernale (validità a.a. 2017/18) | Apr 3, 2019 | Apr 5, 2019 |
| Sessione estiva (validità a.a. 2018/19) | Sep 10, 2019 | Sep 11, 2019 |
| Period | From | To |
|---|---|---|
| Festa di Ognissanti | Nov 1, 2018 | Nov 1, 2018 |
| Festa dell’Immacolata | Dec 8, 2018 | Dec 8, 2018 |
| Vacanze di Natale | Dec 22, 2018 | Jan 6, 2019 |
| Vacanze di Pasqua | Apr 19, 2019 | Apr 23, 2019 |
| Festa della liberazione | Apr 25, 2019 | Apr 25, 2019 |
| Festa del lavoro | May 1, 2019 | May 1, 2019 |
| Festa del Santo Patrono - S. Zeno | May 21, 2019 | May 21, 2019 |
| Attività sospese (vacanze estive) | Aug 5, 2019 | Aug 23, 2019 |
Exam calendar
Exam dates and rounds are managed by the relevant Economics Teaching and Student Services Unit.
To view all the exam sessions available, please use the Exam dashboard on ESSE3.
If you forgot your login details or have problems logging in, please contact the relevant IT HelpDesk, or check the login details recovery web page.
Should you have any doubts or questions, please check the Enrollment FAQs
Academic staff
0458028734
mauro.cortese@univr.it
paolo.frigo@univr.it
cecilia.mancini@univr.it
martina.menon@univr.it
Study Plan
The Study Plan includes all modules, teaching and learning activities that each student will need to undertake during their time at the University.
Please select your Study Plan based on your enrollment year.
1° Year
| Modules | Credits | TAF | SSD |
|---|
2° Year activated in the A.Y. 2019/2020
| Modules | Credits | TAF | SSD |
|---|
| Modules | Credits | TAF | SSD |
|---|
| Modules | Credits | TAF | SSD |
|---|
| Modules | Credits | TAF | SSD |
|---|
Legend | Type of training activity (TTA)
TAF (Type of Educational Activity) All courses and activities are classified into different types of educational activities, indicated by a letter.
Insurance mathematics (2019/2020)
Teaching code
4S003194
Academic staff
Coordinator
Credits
6
Language
Italian
Scientific Disciplinary Sector (SSD)
SECS-S/06 - MATHEMATICAL METHODS OF ECONOMICS, FINANCE AND ACTUARIAL SCIENCES
Period
primo semestre magistrali dal Sep 30, 2019 al Dec 20, 2019.
Learning outcomes
The course will provide students with the mathematical and logical skills needed to address the main actuarial problems in life and non-life insurance, with particular reference to the determination of premiums and reserves as well as the evaluation of profitability and riskiness of insurance portfolios.
The course consists of two modules, dedicated to Life and non-Life insurance. During the semester some seminars on selected topics, held by industry experts, will be offered.
Program
Non-Life Module
1. Basic knowledge
• Basics of insurance business: risk transfer, risk pooling, types of non-life insurance, technical management of portfolios
• Equivalence premium, risk loading calculation principles, net premium
• Premium calculation through statistical observation
• Gross premium
2. Risk theory
• Introduction to collective risk theory: the compound model
• Claims count and severity distributions
• Parameters estimation
• Methods for calculating the compound distribution (hints)
3. Tariffication
• Risk classes
• Simple tariffication methods
4. Claims reserving
• Basic concepts and triangular representation of data and indicators
• Deterministic algorithms: Chain Ladder, Bornhuetter-Ferguson, Fisher-Lange (hints)
Life Module
1. Basic Knowledge
• Mutuality and Solidarity
• Life insurance products
• Life table
2. Premiums and Reserves
• Net premium, Gross premium
• Technical rate (difference between prudential basis and realistic basis)
• Actuarial values
• Mathematical reserve
• Single premiums, periodic premiums
• Risk premiums and saving premiums
• Surrender values and paid-up values
3. Finance in life insurance
• With-profit policies
4. Profits in a life insurance portfolio
• The total profit
• Mortality/Longevity Risk
• Profit Testing
Topics of the seminars:
• Reinsurance
• ALM (Asset and Liability Management)
• Solvency II
Textbooks
Non Life Module:
• Wuthrich, Mario V., Non-Life Insurance: Mathematics & Statistics;
free download in SSRN newtowk at http://ssrn.com/abstract=2319328 or at http://dx.doi.org/10.2139/ssrn.2319328
Life Module:
• Olivieri Annamaria, Pitacco Ermanno: Introduction to Insurance Mathematics – Technical and Financial Features of Risk Transfers, Springer (2011);
http://www.springer.com/mathematics/applications/book/978-3-642-16028-8
Examination Methods
The exam consists of a two-hour written test, equally divided between the Non-Life and Life modules.
The structure of the test is as follows:
- two numerical exercises, applying models learnt in the course
- some multiple choice questions and some open questions, aimed at verifying the ownership of language and the ability to systematically link the knowledge gained
During the test the use of the calculator will be allowed, but not of personal notes or other teaching material.
Type D and Type F activities
Career prospects
Module/Programme news
News for students
There you will find information, resources and services useful during your time at the University (Student’s exam record, your study plan on ESSE3, Distance Learning courses, university email account, office forms, administrative procedures, etc.). You can log into MyUnivr with your GIA login details: only in this way will you be able to receive notification of all the notices from your teachers and your secretariat via email and soon also via the Univr app.
Graduation
List of theses and work experience proposals
| theses proposals | Research area |
|---|---|
| Tesi di laurea magistrale - Tecniche e problemi aperti nel credit scoring | Statistics - Foundational and philosophical topics |
| Fattori ESG e valutazione d'azienda | Various topics |
| Il metodo Monte Carlo per la valutazione di opzioni americane | Various topics |
| Il Minimum Requirement for own funds and Eligible Liabilities (MREL) | Various topics |
| L'acquisto di azioni proprie | Various topics |
| Proposte Tesi A. Gnoatto | Various topics |
