course notes

Course on `Actuarial and Financial Valuation Principles’.

Chapter 1: Financial valuation: Arbitrage-free pricing in a single period framework. Presentation: [pdf]. Solutions to exercises: [pdf].

Chapter 2: Fair valuation of insurance liabilities: Combining `financial market’-consistency and `actuarial model’-consistency in a single period framework. Presentation: [pdf]. Solutions to exercises: [pdf].