Courses / Inside General Insurance
Inside General Insurance
Learn how general insurance works and what actuaries do within it. Cover pricing, reserving, capital, catastrophe modelling and the Lloyd's market, with worked calculations and examples that show how the different areas fit together.
Preview lessons are free. The rest unlock with any plan: see pricing.
01The GI market
- What general insurance coversFree preview
- How Lloyd's actually worksLocked
- MGAs, coverholders and delegated authorityLocked
- Reinsurance and the underwriting cycleLocked
02Pricing: what a risk should cost
- Frequency, severity and the risk premiumFree preview
- Rating factors and GLMsLocked
- Burning cost and pricing a layerLocked
- From GLMs to machine learningLocked
03Reserving: claims that haven't finished yet
- Why claims take years to settleLocked
- Reading a development triangleLocked
- Chain ladder, in Excel and PythonFree preview
- Bornhuetter-Ferguson and when chain ladder breaksLocked
04Capital, catastrophes and the other jobs
- Solvency UK and the 1-in-200 testLocked
- Catastrophe models and the EP curveLocked
- Exposure management and buying reinsuranceLocked
05Working in GI
- What GI grads actually do all dayLocked
- What's going on in the market?Locked
- The GI interviewLocked