This book includes advanced material in actuarial modeling that goes beyond the material covered the Society of Actuaries Exam C (as covered in the Fourth Edition of Loss Models: From Data to Decisions). It is an essential reference for practicing actuaries and actuarial researc…
Preface -- Classical risk model -- Renewal risk model -- Ruin probability estimation -- Extreme value theory -- Regular variation -- Ruin under subexponentiality -- Random sums -- The single big jump -- Ruin under constant interest force -- Absolute ruin -- Discrete dependence m…
This book examines the challenges for the life insurance sector in Europe arising from new technologies, socio-cultural and demographic trends, and the financial crisis. It presents theoretical and applied research in all areas related to life insurance products and markets, and…
"Risk analytics is developing rapidly, and analysts in the field need material that is theoretically sound as well as practical and straightforward. A one-stop resource for quantitative risk analysis, this book dispenses concentrates on how powerful techniques and methods can be…
