This book provides complete and current treatment of major rike management, functional and financial operations of insurers, legal principles, life and health insurance, property and liability insurance, employee benefits and social insurance.
Risk management for financial institutions is one of the main questions the financial industry has to deal with. The present volume is a mathematically rigorous text on solvency modeling. Currently, there are many new developments in this areain the financial and insurance indus…
"The focus of this book is on the two major areas of risk theory : aggregate claims distributions and ruin theory. For aggregate claims distributions, detailed descriptions are given of recursive techniques that can be used in the individual and collective risk models. For the c…
Information on the types of these securities and the issues involved in their structuring, pricing, trading, and managing on a portfolio basis.