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Title Name | ignou MECE 3 solved assignment 2023 2024 |
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Type | Soft Copy (E-Assignment) .pdf |
University | IGNOU |
Degree | MASTER DEGREE PROGRAMMES |
Course Code | MEC |
Course Name | Master of Arts in Economics |
Subject Code | MECE 3 |
Subject Name | Actuarial Economics: Theory and Practice |
Year | 2023 2024 |
Session | - |
Language | English Medium |
Assignment Code | MECE-03/Assignmentt-1//2023-24 |
Product Description | Assignment of MEC (Master of Arts in Economics) 2023-24. Latest MECE 03 2023-24 Solved Assignment Solutions |
Last Date of IGNOU Assignment Submission | Last Date of Submission of IGNOU MECE-03 (MEC) 2023-24 Assignment is for January 2023 Session: 30th September, 2023 (for December 2023 Term End Exam). Semester Wise January 2023 Session: 30th March, 2024 (for June 2024 Term End Exam). July 2023 Session: 30th September, 2023 (for December 2023 Term End Exam). |
Assignment Code | MECE 3/2023 2024 |
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Ques 1.
How is pricing done in the case of Unit-Linked Insurance Contracts? Explain with particular reference to cases of (i) no guarantee and (ii) guaranteed benefit.
Ques 2.
What is meant by Stochastic Claims Reserving? Discuss this in the contexts of (i) Chain-Ladder Models and (ii) Over-Dispersed Poisson Model.
Ques 3.
What are Mean Reversion Models? How is this different from Mean Reversion Jumps Models?
Ques 4.
Distinguish between ‘Stop-Loss Reinsurance’ and ‘Excess of Loss Reinsurance’.
Ques 5.
Write a note on ‘Yield Curves’ with examples.
Ques 6.
Discuss the concept of Maximum Domain of Attraction (MDA) with examples.
Ques 7.
What are ‘non-catastrophic losses’? How is the ‘total loss amount’ in respect of such a loss determined?
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