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BOOK EXCERPT:
This text introduces the commonly used, basic approaches for reserving and ratemaking in General Insurance. The methods are described through detailed examples that are linked from one chapter to another to illustrate their practical application. Also, professionalism requirements and standards of practice are presented to set the context for the methods and examples.
Product Details :
Genre |
: Business & Economics |
Author |
: Jacqueline Friedland, FCIA, FCAS, MAAA |
Publisher |
: ACTEX Publications |
Release |
: 2014-01-01 |
File |
: 441 Pages |
ISBN-13 |
: 9780975933763 |
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BOOK EXCERPT:
This is a single comprehensive reference source covering the key material on this subject, and describing both theoretical and practical aspects.
Product Details :
Genre |
: Business & Economics |
Author |
: David Hindley |
Publisher |
: Cambridge University Press |
Release |
: 2017-10-26 |
File |
: 513 Pages |
ISBN-13 |
: 9781107076938 |
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BOOK EXCERPT:
The book offers an introduction to the technical foundation of decentralized insurance models, for advanced undergraduate students, graduate students and practitioners. The book is self-contained and anyone with a basic knowledge of probability and statistics should be able to follow through the entire book. It adopts a minimalist approach to describe the essential elements and first principles so that readers can get a gist of these models without being overwhelmed with too much technicality. It can be used as a reference for business model designs. The inclusion of exercises and practical examples makes the book suitable for advanced courses on decentralized insurance and risk sharing. There is a mix of industry practices and academic models presented in this book. The exposition starts with an overview of historic and current business practices and preliminaries on the mathematics and economics of risk and insurance. A bird's-eye view of traditional insurance is provided as a benchmark for various topics to be used in contrast with decentralized insurance. The book then continues with decentralized insurance practices around the world, including online mutual aid originated in China, takaful from the Islamic world, peer-to-peer insurance in the West, catastrophe risk pooling for Carribean countries, etc. Theories of aggregate risk pooling and peer-to-peer risk exchanges are provided for readers to appreciate the mathematical foundation of risk sharing. A unified framework of decentralized insurance is presented to show a structured approach to the economic design of decentralized business models. The book ends with a technical review of blockchain and decentralized finance (DeFi) insurance applications.
Product Details :
Genre |
: Mathematics |
Author |
: Runhuan Feng |
Publisher |
: Springer Nature |
Release |
: 2023-05-21 |
File |
: 279 Pages |
ISBN-13 |
: 9783031295591 |
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BOOK EXCERPT:
A novel book that argues that, contrary to received wisdom, some adverse selection in insurance markets is beneficial to society as a whole. It is for all those interested in public policy arguments about insurance and discrimination: policymakers, academics, actuaries, underwriters, disability activists, geneticists and other medical professionals.
Product Details :
Genre |
: Business & Economics |
Author |
: Guy Thomas |
Publisher |
: Cambridge University Press |
Release |
: 2017-05-11 |
File |
: 285 Pages |
ISBN-13 |
: 9781107100336 |
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BOOK EXCERPT:
Actuaries' Survival Guide: Navigating the Exam and Data Science, Third Edition explains what actuaries are, what they do, and where they do it. It describes exciting combinations of ideas, techniques, and skills involved in the day-to-day work of actuaries. This edition has been updated to reflect the rise of social networking and the internet, the progress toward a global knowledge-based economy, and the global expansion of the actuarial field that has occurred since the prior edition. - Includes details on the Society of Actuaries' (SOA) and Casualty Actuarial Society (CAS) examinations, as well as sample questions and answers - Presents an overview of career options and includes profiles of companies and agencies that employ actuaries - Provides a link between theory and practice and helps readers understand the blend of qualitative and quantitative skills and knowledge required to succeed in actuarial exams - Offers insights provided by real-life actuaries and actuarial students about the profession
Product Details :
Genre |
: Mathematics |
Author |
: Ping Wang |
Publisher |
: Elsevier |
Release |
: 2024-02-02 |
File |
: 273 Pages |
ISBN-13 |
: 9780443154980 |
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BOOK EXCERPT:
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.
Product Details :
Genre |
: Mathematics |
Author |
: S. David Promislow |
Publisher |
: John Wiley & Sons |
Release |
: 2011-01-06 |
File |
: 390 Pages |
ISBN-13 |
: 9780470978078 |
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BOOK EXCERPT:
Announcements for the following year included in some vols.
Product Details :
Genre |
: Detroit (Mich.) |
Author |
: University of Michigan |
Publisher |
: |
Release |
: 1948 |
File |
: 948 Pages |
ISBN-13 |
: UOM:39015071518214 |
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BOOK EXCERPT:
Readers will find, in this highly relevant and groundbreaking book, research ranging from applications in financial markets and business administration to various economics problems. Not only are empirical studies utilizing various CI algorithms presented, but so also are theoretical models based on computational methods. In addition to direct applications of computational intelligence, readers can also observe how these methods are combined with conventional analytical methods such as statistical and econometric models to yield preferred results.
Product Details :
Genre |
: Computers |
Author |
: Paul P. Wang |
Publisher |
: Springer Science & Business Media |
Release |
: 2007-07-11 |
File |
: 232 Pages |
ISBN-13 |
: 9783540728214 |
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BOOK EXCERPT:
Product Details :
Genre |
: Environmental monitoring |
Author |
: United States. General Accounting Office. Program Evaluation and Methodology Division |
Publisher |
: |
Release |
: 1988 |
File |
: 56 Pages |
ISBN-13 |
: UIUC:30112033985034 |
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BOOK EXCERPT:
This book is for actuaries and financial analysts developing their expertise in statistics and who wish to become familiar with concrete examples of predictive modeling.
Product Details :
Genre |
: Business & Economics |
Author |
: Edward W. Frees |
Publisher |
: Cambridge University Press |
Release |
: 2014-07-28 |
File |
: 565 Pages |
ISBN-13 |
: 9781107029873 |