Download or read book Nonlife Actuarial Models written by Yiu-Kuen Tse and published by Cambridge University Press. This book was released on 2009-09-17 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This class-tested undergraduate textbook covers the entire syllabus for Exam C of the Society of Actuaries (SOA).
Download or read book Loss Distributions written by Robert V. Hogg and published by John Wiley & Sons. This book was released on 2009-09-25 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Devoted to the problem of fitting parametric probability distributions to data, this treatment uniquely unifies loss modeling in one book. Data sets used are related to the insurance industry, but can be applied to other distributions. Emphasis is on the distribution of single losses related to claims made against various types of insurance policies. Includes five sets of insurance data as examples.
Download or read book Aggregate Loss Distribution for the Organization Whose Perils are Not Necessarily Independent written by Laurel Joyce Wiltbank and published by . This book was released on 1983 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reinsurance and the Law of Aggregation written by Oliver D. William and published by Routledge. This book was released on 2021-01-28 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In excess of loss reinsurance, the reinsurer covers the amount of a loss exceeding the policy’s deductible but not piercing its cover limit. Accordingly, a policy’s quantitative scope of cover is significantly affected by the parties’ agreement of a deductible and a cover limit. Yet, the examination of whether a loss has exceeded deductible or cover limit necessitates an educated understanding of what constitutes one loss. In so-called aggregation clauses, the parties to (re-)insurance contracts regularly provide that multiple individual losses are to be added together for presenting one loss to the reinsurer when they arise from the same event, occurrence, catastrophe, cause or accident. Aggregation mechanisms are one of the core instruments for structuring reinsurance contracts. This book systematically examines each element of an aggregation mechanism, tracing the inconsistent usage of aggregation language in the markets and scrutinizing the tests developed by courts and arbitral tribunals. In doing so, it seeks to support insurers, reinsurers, brokers and lawyers in drafting aggregation clauses and in settling claims. Focusing on an analysis of primary sources, particularly judicial decisions, the book interprets each judicial decision to describe a system of inter-related rules, collating, organising and describing the English law of aggregation as applied by the courts and arbitral tribunals. It further draws a comparison between the English position and the corresponding rules in the Principles of Reinsurance Contract Law (PRICL).
Download or read book Aggregate loss models stochastic processes simulation written by Michael A. Gauger and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Decision Analysis of Strategies for Reducing Upholstered Furniture Fire Losses written by Susan Godby Helzer and published by . This book was released on 1979 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aggregate loss models stochastic processes and simulation written by Michael A. Gauger and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Simulation techniques to estimate maximum probable aggregate loss written by Robin Ray High and published by . This book was released on 1981 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Apportionment of Loss and Contribution of Compound Insurance written by William Henry Daniels and published by . This book was released on 1913 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Various Approximations of the Total Aggregate Loss Quantile Function with Application to Operational Risk written by Ross Griffiths and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A compound Poisson distribution is a sum of independent and identically distributed random variables over a count variable that follows a Poisson distribution. Generally, its distribution is not tractable. However, it has many practical applications that require the estimation of the quantile function at a high percentile, e.g. 99.9th percentile. Without loss of generality, this paper focuses on its application to operational risk. We assume that the support of random variables is non-negative, discrete and finite. We investigate the mechanics of the empirical aggregate loss bootstrap distribution and suggest different approximations of its quantile function. Further, we study the impact of empirical moments and large losses on the empirical bootstrap capital at 99.9th confidence level.
Download or read book Loss Models written by Stuart A. Klugman and published by Wiley-Interscience. This book was released on 1998-01-29 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: A modern practical guide to building and using actuarial models. Loss Models: From Data to Decisions is organized around the principle that actuaries build models in order to analyze risks and make decisions about managing the risks based on conclusions drawn from the analysis. In practice, one begins with data and ends with a business decision. The book flows logically from this principle. It begins with a framework for model building and a description of frequency and severity loss data typically available to actuaries. Parametric models are emphasized throughout. The frequency and severity models are used in building aggregate loss models, in credibility-based pricing models, and in loss analysis over multiple time periods. Designed as both an educational text as well as a professional reference, Loss Models: Assumes little prior knowledge of insurance systems Features many fascinating examples taken from insurance files Contains a major instructive case study continued through each chapter Covers the classical areas of risk theory and loss distributions Gives a practical but rigorous treatment of modern credibility theory Uses standard statistical concepts, methods, and notation Provides modern computational algorithms for implementing methods Includes free companion software available from an FTP site Deals with many topics on CAS 4B and SOA 151 and 152 actuarial exams Includes many exercises based on past CAS and SOA exams.
Download or read book Messages and Documents written by Oregon and published by . This book was released on 1912 with total page 2130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reproducible Copies of Federal Tax Forms and Instructions written by United States. Internal Revenue Service and published by . This book was released on 2006 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aggregate Resources written by P.T. Bobrowsky and published by CRC Press. This book was released on 2022-01-27 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aggregate Resources provides a comprehensive collection of 27 diverse scientific papers on aggregate topics, such as geology of deposits, geophysical exploration techniques, deposit prediction and modeling, land-use case studies, production values and trends, geotechnical properties, legislation politics and others. This diversity in subject matter is further enhanced by relying on contributions from a number of countries including Australia, Belgium, Canada, Lebanon, the Netherlands, Norway, South Africa, the United Kingdom and the United States. The range of topical papers and representative countries, coupled with the global significance of the resources prompted the title Aggregate Resources: A global perspective. The book will appeal to all those involved with aggregate resources: geologists, producers, technicians , construction engineers, developers, land-use planners, legislators, academics and the public consumer, especially since all of us are in some manner, directly dependent or indirectly affected by this resource. *Each chapter is a study on a particular area of importance for aggregate producers. Pit & Quarry, April 1998.
Download or read book Code of Massachusetts regulations 2013 written by and published by . This book was released on 2013 with total page 942 pages. Available in PDF, EPUB and Kindle. Book excerpt: Archival snapshot of entire looseleaf Code of Massachusetts Regulations held by the Social Law Library of Massachusetts as of January 2020.
Download or read book Code of Massachusetts regulations 2012 written by and published by . This book was released on 2012 with total page 934 pages. Available in PDF, EPUB and Kindle. Book excerpt: Archival snapshot of entire looseleaf Code of Massachusetts Regulations held by the Social Law Library of Massachusetts as of January 2020.
Download or read book Evaluations of a Pearson Approximation of the Maximum Probable Annual Aggregate Loss written by Thomas A. Aiuppa and published by . This book was released on 1987 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
