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Actuarial Mathematics II ACMA 425 (3)
Long-term insurance coverages. Survival model estimation. Multiple state models. Premium calculations. Reserves. Profit testing. Pension plans and retirement benefits. Applications. Covers part of the syllabus for Exam LTAM of the Society of Actuaries. This course is accredited under the University Accreditation Program of the Canadian Institute of Actuaries. Prerequisite: ACMA 320 with a minimum grade of C. Quantitative.