| Author: | S. David Promislow | ISBN: | 9780470978078 |
| Publisher: | Wiley | Publication: | January 6, 2011 |
| Imprint: | Wiley | Language: | English |
| Author: | S. David Promislow |
| ISBN: | 9780470978078 |
| Publisher: | Wiley |
| Publication: | January 6, 2011 |
| Imprint: | Wiley |
| Language: | English |
This book provides a comprehensive introduction to actuarial mathematics, covering both deterministic and stochastic models of life contingencies, as well as more advanced topics such as risk theory, credibility theory and multi-state models.
This new edition includes additional material on credibility theory, continuous time multi-state models, more complex types of contingent insurances, flexible contracts such as universal life, the risk measures VaR and TVaR.
Key Features:
- Covers much of the syllabus material on the modeling examinations of the Society of Actuaries, Canadian Institute of Actuaries and the Casualty Actuarial Society. (SOA-CIA exams MLC and C, CSA exams 3L and 4.)
- Extensively revised and updated with new material.
- Orders the topics specifically to facilitate learning.
- Provides a streamlined approach to actuarial notation.
- Employs modern computational methods.
- Contains a variety of exercises, both computational and theoretical, together with answers, enabling use for self-study.
An ideal text for students planning for a professional career as actuaries, providing a solid preparation for the modeling examinations of the major North American actuarial associations. Furthermore, this book is highly suitable reference for those wanting a sound introduction to the subject, and for those working in insurance, annuities and pensions.
This book provides a comprehensive introduction to actuarial mathematics, covering both deterministic and stochastic models of life contingencies, as well as more advanced topics such as risk theory, credibility theory and multi-state models.
This new edition includes additional material on credibility theory, continuous time multi-state models, more complex types of contingent insurances, flexible contracts such as universal life, the risk measures VaR and TVaR.
Key Features:
- Covers much of the syllabus material on the modeling examinations of the Society of Actuaries, Canadian Institute of Actuaries and the Casualty Actuarial Society. (SOA-CIA exams MLC and C, CSA exams 3L and 4.)
- Extensively revised and updated with new material.
- Orders the topics specifically to facilitate learning.
- Provides a streamlined approach to actuarial notation.
- Employs modern computational methods.
- Contains a variety of exercises, both computational and theoretical, together with answers, enabling use for self-study.
An ideal text for students planning for a professional career as actuaries, providing a solid preparation for the modeling examinations of the major North American actuarial associations. Furthermore, this book is highly suitable reference for those wanting a sound introduction to the subject, and for those working in insurance, annuities and pensions.
