Practical risk theory for actuaries
A revised textbook covering all aspects of risk theory in a practical way. It follows on from the late R.E. Beard's book "Risk Theory" and should be of interest to actuarial students and practitioners working in the insurance industry as well as economists and applied statisticians.
Read More ↓Title Statements
- Full title :Practical risk theory for actuaries / C.D. Daykin, T. Pentikäinen, and M. Pesonen.
Summary
A revised textbook covering all aspects of risk theory in a practical way. It follows on from the late R.E. Beard's book "Risk Theory" and should be of interest to actuarial students and practitioners working in the insurance industry as well as economists and applied statisticians.
Read More ↓Edition Statements
- Publication Date:1994.
- Edition:1st ed
Publication Statements
- Publisher(s):Chapman & Hall
- Place of Publication:London
- Language:eng
- Publication Date:1994.
The Physical Object
- Description:xxi, 546 pages : : illustrations ; : 23 cm.
Edition Identifiers
- ISBN:0412428504, 9780412428500
- oclc:ocm28844823
- LC Classification:HG8781
- Dewey Decimal:368/.01
Table of Contents
pt. 1. Foundations of Practical Risk Theory. 1. Some preliminary ideas. 2. The number of claims. 3. The amount of claims. 4. Calculation of a compound claim d.f. F. 5. Simulation. 6. Applications involving short-term claim fluctuation -- pt. 2. Stochastic Analysis of Insurance Business. 7. Inflation. 8. Investment. 9. Claims with an extended time horizon. 10. Premiums. 11. Expenses, taxes and dividends. 12. The insurance process. 13. Applications to long-term processes. 14. Managing uncertainty. 15. Life insurance. 16. Pension schemes -- App. A Derivation of the Poisson formula -- App. B Polya and Gamma distributions -- App. C Asymptotic behaviour of the compound mixed Poisson d.f -- App. D Numerical calculation of the normal d.f -- App. E Derivation of the recursion formula for F -- App. F Simulation -- App. G Time series -- App. H Portfolio selection -- App. I Solutions to exercises.
Read More ↓Subjects
Writers
More from this Series
No reviews yet. Be the first to rate this work.
Related Works
more →
PATHWISE ESTIMATION AND INFERENCE FOR DIFFUSION MARKET MODELS
YEE, HIN LIN. DOKUCHAEV, NIKOLAI
Rate & Review