Principles of General Insurance.  Theory of Interest and Decremental Rates.  Life Contingencies, Social Security and Pension Schemes.  Risk Analysis and associated statistical problems.  General Insurance Principles:  The Economics of Insurance.  The Risk elements.  General concepts and practices; Contingency, Risk, Exposure, Premium. Portfolio, Claims.  The Theory of Interest Rates:  Basic Compound interest Functions.  Equations of Value.  Effective Rates of Interest, and Force of Interest.  Annuities Certain.  Increasing and decreasing annuities Perpetuities.  Life Contingencies:  Single-Life Annuities and Assurances.  The determination of values and premiums.  Construction of Mortality, Sickness, Multiple decrement and similar tables from graduated data.  Determination and Use of probability and monetary Functions based on such tables.  Survival Probabilities and Expectation of Life.  Mortality:  Mortality Rates and other Indices.  Analysis of Experience Data.  Calculation of mortality and other decremental rates (including multiple decrement rates). Relevant Demographic Statistics:  Evaluation of demographic data and their application to actuarial work.  Population projections.  Demographic characteristics in Ghana.