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*READ* Actuarial Mathematics for Life - Hardcover - Third Edition

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“This hardcover book is in Acceptable condition. Book is new and has never been read. The reason for ...
Book Title
Actuarial Mathematics for Life Contingent Risks (International Se
ISBN
9781108478083
Subject Area
Business & Economics
Publication Name
Actuarial Mathematics for Life Contingent Risks
Item Length
9.2 in
Publisher
Cambridge University Press
Subject
Insurance / Risk Assessment & Management, Statistics, Insurance / General
Series
International Series on Actuarial Science Ser.
Publication Year
2019
Type
Textbook
Format
Hardcover
Language
English
Item Height
1.5 in
Author
Howard R. Waters, David C. M. Dickson, Mary R. Hardy
Features
Revised
Item Width
6.3 in
Item Weight
47.3 Oz
Number of Pages
782 Pages

Over dit product

Product Information

The substantially updated third edition of the popular Actuarial Mathematics for Life Contingent Risks is suitable for advanced undergraduate and graduate students of actuarial science, for trainee actuaries preparing for professional actuarial examinations, and for life insurance practitioners who wish to increase or update their technical knowledge. The authors provide intuitive explanations alongside mathematical theory, equipping readers to understand the material in sufficient depth to apply it in real-world situations and to adapt their results in a changing insurance environment. Topics include modern actuarial paradigms, such as multiple state models, cash-flow projection methods and option theory, all of which are required for managing the increasingly complex range of contemporary long-term insurance products. Numerous exam-style questions allow readers to prepare for traditional professional actuarial exams, and extensive use of Excel ensures that readers are ready for modern, Excel-based exams and for the actuarial work environment. The Solutions Manual (ISBN 9781108747615), available for separate purchase, provides detailed solutions to the text's exercises.

Product Identifiers

Publisher
Cambridge University Press
ISBN-10
1108478085
ISBN-13
9781108478083
eBay Product ID (ePID)
28038619287

Product Key Features

Author
Howard R. Waters, David C. M. Dickson, Mary R. Hardy
Publication Name
Actuarial Mathematics for Life Contingent Risks
Format
Hardcover
Language
English
Features
Revised
Subject
Insurance / Risk Assessment & Management, Statistics, Insurance / General
Series
International Series on Actuarial Science Ser.
Publication Year
2019
Type
Textbook
Subject Area
Business & Economics
Number of Pages
782 Pages

Dimensions

Item Length
9.2 in
Item Height
1.5 in
Item Width
6.3 in
Item Weight
47.3 Oz

Additional Product Features

Edition Number
3
LCCN
2019-042023
Intended Audience
College Audience
Lc Classification Number
Hg8781.D528 2020
Edition Description
Revised Edition
Reviews
Review of the first edition: 'The book is well written, well organized, and easy to read. It may be an excellent textbook for both undergraduate and graduate programs in actuarial science. It is also a rich source of useful information for practitioners of the actuarial profession and financial risk managers who seek a practical and inspiring guide to liability cash flow modeling and valuation.' Scandinavian Actuarial Journal
Table of Content
Preface to the third edition; 1. Introduction to life and long term health insurance; 2. Survival models; 3. Life tables and selection; 4. Insurance benefits; 5. Annuities; 6. Premium calculation; 7. Policy values; 8. Multiple state models; 9. Multiple decrement models; 10. Joint life and last survivor benefits; 11. Pension mathematics; 12. Yield curves and non-diversifiable risk; 13. Emerging costs for traditional life insurance; 14. Universal life insurance; 15. Emerging costs for equity-linked insurance; 16. Option pricing; 17. Embedded options; 18. Estimating survival models; 19. Stochastic longevity models; Appendix A. Probability and statistics; Appendix B. Numerical techniques; Appendix C. Monte Carlo simulation; Appendix D. Tables; References; Index.
Copyright Date
2020
Dewey Decimal
368.01
Dewey Edition
22
Illustrated
Yes

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