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Fundamentals of Actuarial Mathematics

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Fundamentals of Actuarial Mathematics

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Hardback
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Description

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.
Release date NZ
December 10th, 2010
Audiences
  • Postgraduate, Research & Scholarly
  • Professional & Vocational
  • Undergraduate
Country of Publication
United States
Edition
2nd Revised edition
Illustrations
illustrations
Imprint
Wiley-Blackwell
Pages
476
Publisher
John Wiley and Sons Ltd
Dimensions
178x250x32
ISBN-13
9780470684115
Product ID
8668349

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