This course covers the fundamentals of modeling the losses of short-term insurance coverages. Students will learn about the various types of short term coverages, such as property/casualty insurance and health insurance, as well as common coverage modifications. Common models for frequency, severity, and aggregate losses are discussed. A thorough knowledge of calculus, probability, and mathematical statistics is assumed.

Prerequisites: STAT 3140 and 3150

Co-requisites: ASCI 4140 and 4200