This is a summary of formulae used in Contingencies and Life Contingencies courses (ACTL30003 & ACTL90005) at Melbourne university. These are the general formulae used in actuarial contingencies, therefor these notes can be used for any relevant course without institution restrictions. These are comprehensive notes on key actuarial life contingency formulae. You can use these as revision notes prior to the exams.
Important facts about the notes:
- A comprehensive coverage of the key life contingency formulae with complete derivation and explanation.
- A systematic, organised approach in the presentation to ensure that it is not a bombardment of formulae but has a logical flow and structure to aid understanding and retention.
- Summary tables of the key actuarial life contingencies formulae for revision purposes.
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