Schedule, syllabus and examination date

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Course content

Obligations in life insurance extend many decades into the future and lead to financial risk over an equally long-time horizon. STK4500 provides introductions, both under traditional discounting using a fixed rate of interest and under a modern one based on market rates. The significance of model error is discussed and a brief description is offered on the Solvency II regulation which all insurance companies in the EU/EØS area have to follow.

Learning outcome

After completing the course you will be able to:

  • calculate life- and pension obligations for companies;
  • calculate prices (premia);
  • analyse investment risk and investment strategies;
  • be part of a team working on Solvency II reporting.

Admission

Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures.

Overlapping courses

10 credits overlap with STK9500 – Life Insurance and Finance

*The information about overlaps for discontinued courses may not be complete. If you have questions, please contact the Department. 

Teaching

3 hours of lectures/exercises per week.

Examination

mandatory assignment.

Final written examination. 

Examination support material

Approved calculators are allowed.

Information about approved calculators (Norwegian only)

 

Language of examination

Subjects taught in English will only offer the exam paper in English.

You may write your examination paper in Norwegian, Swedish, Danish or English.

Grading scale

Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.

Explanations and appeals

Resit an examination

This course offers both postponed and resit of examination. Read more:

Withdrawal from an examination

It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.

Evaluation

The course is subject to continuous evaluation. At regular intervals we also ask students to participate in a more comprehensive evaluation.

Facts about this course

Credits

10

Level

Master

Teaching

Every spring

Examination

Every spring

Teaching language

English

The course may be taught in Norwegian if the lecturer and all students at the first lecture agree to it.