Description: About this productProduct InformationHow can actuaries best equip themselves for the products and risk structures of the future? Using the powerful framework of multiple state models, three leaders in actuarial science give a modern perspective on life contingencies, and develop and demonstrate a theory that can be adapted to changing products and technologies. The book begins traditionally, covering actuarial models and theory, and emphasizing practical applications using computational techniques. The authors then develop a more contemporary outlook, introducing multiple state models, emerging cash flows and embedded options. Using spreadsheet-style software, the book presents large-scale, realistic examples. Over 150 exercises and solutions teach skills in simulation and projection through computational practice. Balancing rigour with intuition, and emphasising applications, this text is ideal for university courses, but also for individuals preparing for professional actuarial exams and qualified actuaries wishing to freshen up their skills.Product IdentifiersPublisherCambridge University PressISBN-100521118255ISBN-139780521118255eBay Product ID (ePID)73554085Product Key FeaturesAuthorHoward R. Waters, Howard Waters, David C. M. Dickson, Mary R. HardyFormatHardcoverLanguageEnglishSeriesInternational Series ON Actuarial Science Ser.Publication Year2009Number of Pages508 PagesDimensionsItem Length9.2in.Item Height1.1in.Item Width6.3in.Item Weight32.6 OzAdditional Product FeaturesReviewsEndorsement Official reading for SOA Exam MLC in 2012: download free supplementary notes from the Resources tab belowTable of ContentPreface; 1. Introduction to life insurance; 2. Survival models; 3. Life tables and selection; 4. Insurance benefits; 5. Annuities; 6. Premium calculation; 7. Policy values; 8. Multiple state models; 9. Pension mathematics; 10. Interest rate risk; 11. Emerging costs for traditional life insurance; 12. Emerging costs for equity-linked insurance; 13. Option pricing; 14. Embedded options; A. Probability theory; B. Numerical techniques; C. Simulation; References; Index.Copyright Date2009Target AudienceCollege AudienceTopicStatistics, Insurance / GeneralDewey Decimal368.01Dewey Edition22IllustratedYesGenreBusiness & Economics
Price: 13.9 USD
Location: Multiple Locations
End Time: 2024-11-21T07:03:03.000Z
Shipping Cost: 3.97 USD
Product Images
Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Return policy details:
Number of Pages: 508 Pages
Publication Name: Actuarial Mathematics for Life Contingent Risks
Language: English
Publisher: Cambridge University Press
Publication Year: 2009
Item Height: 1.1 in
Subject: Statistics, Insurance / General
Item Weight: 32.6 Oz
Type: Textbook
Item Length: 9.2 in
Author: Howard R. Waters, Howard Waters, David C. M. Dickson, Mary R. Hardy
Subject Area: Business & Economics
Series: International Series on Actuarial Science Ser.
Item Width: 6.3 in
Format: Hardcover
