EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Scandinavian Actuarial Journal

Download or read book Scandinavian Actuarial Journal written by and published by . This book was released on 1918 with total page 1074 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some years include lists of members of the societies.

Book Scandinavian Actuarial Journal

Download or read book Scandinavian Actuarial Journal written by and published by . This book was released on 1988 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Scandinavian Actuarial Journal

Download or read book Scandinavian Actuarial Journal written by Svenska aktuarieföreningen and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Scandinavian actuarial journal

Download or read book Scandinavian actuarial journal written by and published by . This book was released on 1967 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes section "Litteraturanmeldelser."

Book Encyclopedia of Actuarial Science

Download or read book Encyclopedia of Actuarial Science written by Bjørn Sundt and published by . This book was released on 2004 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book European actuarial journal

Download or read book European actuarial journal written by [Anonymus AC08739741] and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Insurance Abstracts and Reviews

Download or read book Insurance Abstracts and Reviews written by and published by . This book was released on 1984 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Derivative Pricing

    Book Details:
  • Author : Ambrose Lo
  • Publisher : CRC Press
  • Release : 2018-07-04
  • ISBN : 1315301229
  • Pages : 432 pages

Download or read book Derivative Pricing written by Ambrose Lo and published by CRC Press. This book was released on 2018-07-04 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proliferation of financial derivatives over the past decades, options in particular, has underscored the increasing importance of derivative pricing literacy among students, researchers, and practitioners. Derivative Pricing: A Problem-Based Primer demystifies the essential derivative pricing theory by adopting a mathematically rigorous yet widely accessible pedagogical approach that will appeal to a wide variety of audience. Abandoning the traditional "black-box" approach or theorists’ "pedantic" approach, this textbook provides readers with a solid understanding of the fundamental mechanism of derivative pricing methodologies and their underlying theory through a diversity of illustrative examples. The abundance of exercises and problems makes the book well-suited as a text for advanced undergraduates, beginning graduates as well as a reference for professionals and researchers who need a thorough understanding of not only "how," but also "why" derivative pricing works. It is especially ideal for students who need to prepare for the derivatives portion of the Society of Actuaries Investment and Financial Markets Exam. Features Lucid explanations of the theory and assumptions behind various derivative pricing models. Emphasis on intuitions, mnemonics as well as common fallacies. Interspersed with illustrative examples and end-of-chapter problems that aid a deep understanding of concepts in derivative pricing. Mathematical derivations, while not eschewed, are made maximally accessible. A solutions manual is available for qualified instructors. The Author Ambrose Lo is currently Assistant Professor of Actuarial Science at the Department of Statistics and Actuarial Science at the University of Iowa. He received his Ph.D. in Actuarial Science from the University of Hong Kong in 2014, with dependence structures, risk measures, and optimal reinsurance being his research interests. He is a Fellow of the Society of Actuaries (FSA) and a Chartered Enterprise Risk Analyst (CERA). His research papers have been published in top-tier actuarial journals, such as ASTIN Bulletin: The Journal of the International Actuarial Association, Insurance: Mathematics and Economics, and Scandinavian Actuarial Journal.

Book Risk Theory

    Book Details:
  • Author : E. Beard
  • Publisher : Springer
  • Release : 2013-11-13
  • ISBN : 9789400957831
  • Pages : 195 pages

Download or read book Risk Theory written by E. Beard and published by Springer. This book was released on 2013-11-13 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: whioh the developments are appropriate in an elementary text book is open to doubt. Fortunately the proceedings of the conference arranged by the Society of Actuaries Research Committee in September 1974 provide an effective review of the ourrent position (Credibility, Theory and Applications, Ed. P. M. Kahn, Academic Press, 1975). It is doubtful if any practical use is now made of the Esscher approximation and the N-P method is much more convenient and of adequate accuracy in most practical work. Thus the first half of Chapter 6 is now largely of historical interest. Chapter 11 dealing with ruin probability during a finite time interval does not give an adequate view of the current importanoe of this topic but the position is fluid because of the considerable effort being expended in the search for practical methods of calcu lation. Formulae are, in general, complicated and involve extensive computer based quadratures or simulation techniques. The paper by Seal in the Scandinavian Actuarial Journal (The Numerical Calculation of U(w,t) the Probability of Non-ruin in an Interval (O,t) 1974) gives a recent treatment and a fairly complete list of relevant references. In many countries studies are currently in progress in the develop ment of models for business planning where the basic operations involve a stochastic process. Not only are insurance companies interested but in many commercial and industrial firms the needs are significant so that a very large field exists for applications.

Book North American Actuarial Journal

Download or read book North American Actuarial Journal written by and published by . This book was released on 1997 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book British Actuarial Journal

Download or read book British Actuarial Journal written by and published by . This book was released on 2005 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Modern Actuarial Theory and Practice

Download or read book Modern Actuarial Theory and Practice written by Philip Booth and published by CRC Press. This book was released on 1998-10-20 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two decades, there has been a significant shift in thinking and in the approach taken to actuarial practice: moving from deterministic methods (with implicit or explicit margins to protect against variability) to fully stochastic methods. Important international developments are currently being made in actuarial education, with radical changes being implemented in Australia and North America, and evolutionary changes planned in the UK. At the same time, the Consultative Group of Actuarial Associations within the EU and the International Forum of Actuarial Associations are both actively considering the international harmonization of professional qualifications. Modern Actuarial Theory and Practice matches the philosophy of those international developments, and the manner in which actuarial qualifications are changing and are likely to continue to change. It describes the traditional areas of actuarial activity with an emphasis on the fundamental principles, as well as the economic, financial, and statistical foundations of actuarial theory and practice. Information is presented in five interconnected sections: Investment Life Insurance General Insurance Pensions Actuarial Models which can be read separately or taken as part of the integrated whole. This text will be an invaluable aid for final-year undergraduates, MSc students, research students preparing for an MPhil or Ph. D degree, and to student actuaries preparing for the professional actuarial examinations of a number of professional bodies. Practicing actuaries will also find this a useful guide to current methodologies and models.

Book Actuarial Models for Disability Insurance

Download or read book Actuarial Models for Disability Insurance written by S Haberman and published by Routledge. This book was released on 2018-12-13 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disability insurance, long-term care insurance, and critical illness cover are becoming increasingly important in developed countries as the problems of demographic aging come to the fore. The private sector insurance industry is providing solutions to problems resulting from these pressures and other demands of better educated and more prosperous

Book Risk Theory

    Book Details:
  • Author : Robert Eric Beard
  • Publisher : Halsted Press
  • Release : 1977-01-01
  • ISBN : 9780470991190
  • Pages : 195 pages

Download or read book Risk Theory written by Robert Eric Beard and published by Halsted Press. This book was released on 1977-01-01 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Insurance and Risk Theory

Download or read book Insurance and Risk Theory written by Marc Goovaerts and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canadian financial institutions have been in rapid change in the past five years. In response to these changes, the Department of Finance issued a discussion paper: The Regulation of Canadian Financial Institutions, in April 1985, and the government intends to introduce legislation in the fall. This paper studi.es the combinantion of financial institutions from the viewpoint of ruin probability. In risk theory developed to describe insurance companies [1,2,3,4,5J, the ruin probability of a company with initial reserve (capital) u is 6 1 -:;-7;;f3 u 1jJ(u) = H6 e H6 (1) Here,we assume that claims arrive as a Poisson process, and the claim amount is distributed as exponential distribution with expectation liS. 6 is the loading, i.e., premium charged is (1+6) times expected claims. Financial institutions are treated as "insurance companies": the difference between interest charged and interest paid is regarded as premiums, loan defaults are treated as claims.

Book Stochastic Orders

    Book Details:
  • Author : Moshe Shaked
  • Publisher : Springer Science & Business Media
  • Release : 2007-04-03
  • ISBN : 0387346759
  • Pages : 482 pages

Download or read book Stochastic Orders written by Moshe Shaked and published by Springer Science & Business Media. This book was released on 2007-04-03 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: This reference text presents comprehensive coverage of the various notions of stochastic orderings, their closure properties, and their applications. Some of these orderings are routinely used in many applications in economics, finance, insurance, management science, operations research, statistics, and various other fields. And the value of the other notions of stochastic orderings needs further exploration. This book is an ideal reference for those interested in decision making under uncertainty and interested in the analysis of complex stochastic systems. It is suitable as a text for advanced graduate course on stochastic ordering and applications.