An Introduction to Computational Risk Management of Equity-Linked Insurance

By Runhuan Feng · CRC Press · 2018 · INV201-105-25

Study guide: Exam INV-201

A textbook by Runhuan Feng, published by CRC Press in 2018, that provides a resource for students and entry-level professionals to understand the fundamentals of industrial modeling practice for equity-linked insurance, and gives a glimpse of software methodologies for modeling and computational efficiency. The publisher describes it as a comprehensive and self-contained introduction to quantitative risk management of equity-linked insurance, with a review of both Monte Carlo simulation methods and non-simulation numerical methods. The SOA supplies Sections 1.2-1.3, 4.7 and 6.2-6.3 as study note INV201-105-25, formerly QFIQ-134-22.

On the syllabus

• Exam INV-201 — Sections 1.2-1.3, 4.7 and 6.2-6.3; outcomes 3f and 3g.

1 Modeling of Equity-linked Insurance

2 Elementary Stochastic Calculus

3 Monte Carlo Simulations of Investment Guarantees

4 Pricing and Valuation

5 Risk Management - Reserving and Capital Requirement

6 Risk Management - Dynamic Hedging

7 Advanced Computational Methods

Sources

• An Introduction to Computational Risk Management of Equity-Linked Insurance (Routledge, CRC Press) — the publisher's page: the 2018 copyright, first edition, ISBN 978-1-4987-4216-0 and the description for the lead; it carries no contents list
• An introduction to computational risk management of equity-linked insurance (Amref International University library catalogue) — the catalogue's contents note, which gives the seven chapter titles without section detail
• INV 201 Introductory Study Note, Nov 2026/Mar 2027/Jul 2027 (SOA) — the study-note code INV201-105-25, its title and its former code QFIQ-134-22
• INV 201 Syllabus, Nov 2026/Mar 2027/Jul 2027 (SOA) — the sections assigned and the learning outcomes; the sections inside each chapter are not listed because no source for them could be found