Introduction to Insurance Mathematics

Technical and Financial Features of Risk Transfers

Nonfiction, Science & Nature, Mathematics, Game Theory, Business & Finance, Finance & Investing, Finance
Cover of the book Introduction to Insurance Mathematics by Annamaria Olivieri, Ermanno Pitacco, Springer International Publishing
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Author: Annamaria Olivieri, Ermanno Pitacco ISBN: 9783319213774
Publisher: Springer International Publishing Publication: September 30, 2015
Imprint: Springer Language: English
Author: Annamaria Olivieri, Ermanno Pitacco
ISBN: 9783319213774
Publisher: Springer International Publishing
Publication: September 30, 2015
Imprint: Springer
Language: English

This second edition expands the first chapters, which focus on the approach to risk management issues discussed in the first edition, to offer readers a better understanding of the risk management process and the relevant quantitative phases. In the following chapters the book examines life insurance, non-life insurance and pension plans, presenting the technical and financial aspects of risk transfers and insurance without the use of complex mathematical tools. The book is written in a comprehensible style making it easily accessible to advanced undergraduate and graduate students in Economics, Business and Finance, as well as undergraduate students in Mathematics who intend starting on an actuarial qualification path. With the systematic inclusion of practical topics, professionals will find this text useful when working in insurance and pension related areas, where investments, risk analysis and financial reporting play a major role.

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This second edition expands the first chapters, which focus on the approach to risk management issues discussed in the first edition, to offer readers a better understanding of the risk management process and the relevant quantitative phases. In the following chapters the book examines life insurance, non-life insurance and pension plans, presenting the technical and financial aspects of risk transfers and insurance without the use of complex mathematical tools. The book is written in a comprehensible style making it easily accessible to advanced undergraduate and graduate students in Economics, Business and Finance, as well as undergraduate students in Mathematics who intend starting on an actuarial qualification path. With the systematic inclusion of practical topics, professionals will find this text useful when working in insurance and pension related areas, where investments, risk analysis and financial reporting play a major role.

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