Learn about the concept of probability in the context of general insurance and understand how the chance of an event occurring is represented as a number.
A comprehensive guide to the Theory of Probability, the mathematical foundation that underpins the principles of general insurance.
Learn about Binomial Distribution, a pivotal function used to predict the probability of future events in the context of general insurance.
Learn about the concept of the expectation of life in life insurance, which estimates the remaining years for a person of a certain age using a mortality table.
