Course Unit Page

  • Teacher Dario Spelta

  • Credits 12

  • SSD SECS-S/06

  • Language Italian

  • Campus of Bologna

  • Degree Programme Second cycle degree programme (LM) in Financial Markets and Institutions (cod. 0901)

  • Teaching resources on Virtuale

Academic Year 2019/2020

Learning outcomes

At the end of the course the student will be able to manage mathematical tools to create an insurance contract. The student will be able to calculate the premiums and the values of the policies.

Course contents

Mathematical models for the future lifetime. Life annuities. Life insurances. Net premiums. Net premium reserves. Expense loadings. Technical gain. Multiple life insurance. Non life insurance mathematics. Health insurance. Individual risk models.


Written exam

VAROLI G., Esercitazioni di matematica finanziaria. Teoria delle assicurazioni, Pitagora editrice, Bologna, 1991.

Oral exam

SPELTA D., Matematica attuariale del ramo vita, Esculapio, Bologna, 2019.

PITACCO E., Introduzione alla matematica attuariale (Chapters 3 and 10), Lint, Trieste, 1994.

Teaching methods

Lectures ex-cathedra.

Assessment methods

The exam is divided in two parts.

The first one is a written test on life insurance mathematics. The candidate has to show that he has learnt how to calculate premiums and values.

The second one is an interview. The candidate has to answer three questions on topics taught during the course.

Teaching tools

Blackboard and white chalk.

Links to further information


Office hours

See the website of Dario Spelta