Exercise list 1 and 2 and Assignment 1!

The exercise list 1 from last week can be downloaded here. Exercise list 2 from today here. The first assignment can be downloaded here.

The assignment can be handed in through "Devilry" whenever you want, but before the end of the semester.

Today Friday 31th of August, we finished chapter 2 and 3 on renewal process and Mixed Poisson process for N. We gave a storng law of large numbers and CLT for S when N is a renewal process. We saw some classical premia calculation principles and an exact method to compute the distribution of the claim amount process S (Panjer recursion scheme).

Next week we will start chapter 4 on Ruin Theory.