Non Life Insurance Mathematics

Author : Thomas Mikosch
Publisher : Springer Science & Business Media
Page : 435 pages
File Size : 40,9 Mb
Release : 2009-04-21
Category : Mathematics
ISBN : 9783540882336

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Non-Life Insurance Mathematics by Thomas Mikosch Pdf

"Offers a mathematical introduction to non-life insurance and, at the same time, to a multitude of applied stochastic processes. It gives detailed discussions of the fundamental models for claim sizes, claim arrivals, the total claim amount, and their probabilistic properties....The reader gets to know how the underlying probabilistic structures allow one to determine premiums in a portfolio or in an individual policy." --Zentralblatt für Didaktik der Mathematik

Author : Erwin Straub
Publisher : Springer Science & Business Media
Page : 143 pages
File Size : 54,5 Mb
Release : 2013-04-17
Category : Mathematics
ISBN : 9783662033647

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Non-Life Insurance Mathematics by Erwin Straub Pdf

The book gives a comprehensive overview of modern non-life actuarial science. It starts with a verbal description (i.e. without using mathematical formulae) of the main actuarial problems to be solved in non-life practice. Then in an extensive second chapter all the mathematical tools needed to solve these problems are dealt with - now in mathematical notation. The rest of the book is devoted to the exact formulation of various problems and their possible solutions. Being a good mixture of practical problems and their actuarial solutions, the book addresses above all two types of readers: firstly students (of mathematics, probability and statistics, informatics, economics) having some mathematical knowledge, and secondly insurance practitioners who remember mathematics only from some distance. Prerequisites are basic calculus and probability theory.

Author : Thomas Mikosch
Publisher : Unknown
Page : 256 pages
File Size : 44,5 Mb
Release : 2014-09-01
Category : Electronic
ISBN : 3662308088

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Non-Life Insurance Mathematics by Thomas Mikosch Pdf

Author : Annamaria Olivieri,Ermanno Pitacco
Publisher : Springer
Page : 508 pages
File Size : 52,6 Mb
Release : 2015-09-30
Category : Mathematics
ISBN : 9783319213774

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Introduction to Insurance Mathematics by Annamaria Olivieri,Ermanno Pitacco Pdf

This second edition expands the first chapters, which focus on the approach to risk management issues discussed in the first edition, to offer readers a better understanding of the risk management process and the relevant quantitative phases. In the following chapters the book examines life insurance, non-life insurance and pension plans, presenting the technical and financial aspects of risk transfers and insurance without the use of complex mathematical tools. The book is written in a comprehensible style making it easily accessible to advanced undergraduate and graduate students in Economics, Business and Finance, as well as undergraduate students in Mathematics who intend starting on an actuarial qualification path. With the systematic inclusion of practical topics, professionals will find this text useful when working in insurance and pension related areas, where investments, risk analysis and financial reporting play a major role.

Author : Hans U. Gerber
Publisher : Springer Science & Business Media
Page : 137 pages
File Size : 41,8 Mb
Release : 2013-04-17
Category : Mathematics
ISBN : 9783662026557

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Life Insurance Mathematics by Hans U. Gerber Pdf

HaIley's Comet has been prominently displayed in many newspapers during the last few months. For the first time in 76 years it appeared this winter, clearly visible against the nocturnal sky. This is an appropriate occasion to point out the fact that Sir Edmund Halley also constructed the world's first life table in 1693, thus creating the scientific foundation of life insurance. Halley's life table and its successors were viewed as deterministic laws, i. e. the number of deaths in any given group and year was considered to be a weIl defined number that could be calculated by means of a life table. However, in reality this number is random. Thus any mathematical treatment of life insurance will have to rely more and more on prob ability theory. By sponsoring this monograph the Swiss Association of Actuaries wishes to support the "modern" probabilistic view oflife contingencies. We are fortu nate that Professor Gerber, an internationally renowned expert, has assumed the task of writing the monograph. We thank the Springer-Verlag and hope that this monograph will be the first in a successful series of actuarial texts. Hans Bühlmann Zürich, March 1986 President Swiss Association of Actuaries Preface Two major developments have influenced the environment of actuarial math ematics. One is the arrival of powerful and affordable computers; the once important problem of numerical calculation has become almost trivial in many instances.

Author : Esbjörn Ohlsson,Björn Johansson
Publisher : Springer Science & Business Media
Page : 174 pages
File Size : 47,8 Mb
Release : 2010-03-18
Category : Mathematics
ISBN : 9783642107917

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Non-Life Insurance Pricing with Generalized Linear Models by Esbjörn Ohlsson,Björn Johansson Pdf

Non-life insurance pricing is the art of setting the price of an insurance policy, taking into consideration varoius properties of the insured object and the policy holder. Introduced by British actuaries generalized linear models (GLMs) have become today a the standard aproach for tariff analysis. The book focuses on methods based on GLMs that have been found useful in actuarial practice and provides a set of tools for a tariff analysis. Basic theory of GLMs in a tariff analysis setting is presented with useful extensions of standarde GLM theory that are not in common use. The book meets the European Core Syllabus for actuarial education and is written for actuarial students as well as practicing actuaries. To support reader real data of some complexity are provided at www.math.su.se/GLMbook.

Author : Bjørn Sundt
Publisher : VVW GmbH
Page : 250 pages
File Size : 41,6 Mb
Release : 1999-10-01
Category : Insurance
ISBN : 3884878018

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An Introduction to Non-Life Insurance Mathematics by Bjørn Sundt Pdf

Author : Søren Asmussen,Mogens Steffensen
Publisher : Springer Nature
Page : 505 pages
File Size : 46,7 Mb
Release : 2020-04-17
Category : Mathematics
ISBN : 9783030351762

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Risk and Insurance by Søren Asmussen,Mogens Steffensen Pdf

This textbook provides a broad overview of the present state of insurance mathematics and some related topics in risk management, financial mathematics and probability. Both non-life and life aspects are covered. The emphasis is on probability and modeling rather than statistics and practical implementation. Aimed at the graduate level, pointing in part to current research topics, it can potentially replace other textbooks on basic non-life insurance mathematics and advanced risk management methods in non-life insurance. Based on chapters selected according to the particular topics in mind, the book may serve as a source for introductory courses to insurance mathematics for non-specialists, advanced courses for actuarial students, or courses on probabilistic aspects of risk. It will also be useful for practitioners and students/researchers in related areas such as finance and statistics who wish to get an overview of the general area of mathematical modeling and analysis in insurance.

Author : Dmitrii Silvestrov,Anders Martin-Löf
Publisher : Springer
Page : 385 pages
File Size : 45,5 Mb
Release : 2014-06-06
Category : Business & Economics
ISBN : 9783319066530

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Modern Problems in Insurance Mathematics by Dmitrii Silvestrov,Anders Martin-Löf Pdf

This book is a compilation of 21 papers presented at the International Cramér Symposium on Insurance Mathematics (ICSIM) held at Stockholm University in June, 2013. The book comprises selected contributions from several large research communities in modern insurance mathematics and its applications. The main topics represented in the book are modern risk theory and its applications, stochastic modelling of insurance business, new mathematical problems in life and non-life insurance and related topics in applied and financial mathematics. The book is an original and useful source of inspiration and essential reference for a broad spectrum of theoretical and applied researchers, research students and experts from the insurance business. In this way, Modern Problems in Insurance Mathematics will contribute to the development of research and academy–industry co-operation in the area of insurance mathematics and its applications.

Author : Thomas Mikosch
Publisher : Springer Science & Business Media
Page : 248 pages
File Size : 41,7 Mb
Release : 2006-11-22
Category : Mathematics
ISBN : 9783540448891

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Non-Life Insurance Mathematics by Thomas Mikosch Pdf

"Offers a mathematical introduction to non-life insurance and, at the same time, to a multitude of applied stochastic processes. It gives detailed discussions of the fundamental models for claim sizes, claim arrivals, the total claim amount, and their probabilistic properties....The reader gets to know how the underlying probabilistic structures allow one to determine premiums in a portfolio or in an individual policy." --Zentralblatt für Didaktik der Mathematik

Author : David C. M. Dickson,Mary R. Hardy,Howard R. Waters
Publisher : Cambridge University Press
Page : 180 pages
File Size : 41,5 Mb
Release : 2012-03-26
Category : Business & Economics
ISBN : 9781107608443

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Solutions Manual for Actuarial Mathematics for Life Contingent Risks by David C. M. Dickson,Mary R. Hardy,Howard R. Waters Pdf

"This manual presents solutions to all exercises from Actuarial Mathematics for Life Contingent Risks (AMLCR) by David C.M. Dickson, Mary R. Hardy, Howard Waters; Cambridge University Press, 2009. ISBN 9780521118255"--Pref.

Author : Rob Kaas,Marc Goovaerts,Jan Dhaene
Publisher : Springer Science & Business Media
Page : 394 pages
File Size : 47,7 Mb
Release : 2008-12-03
Category : Business & Economics
ISBN : 9783540867364

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Modern Actuarial Risk Theory by Rob Kaas,Marc Goovaerts,Jan Dhaene Pdf

Modern Actuarial Risk Theory contains what every actuary needs to know about non-life insurance mathematics. It starts with the standard material like utility theory, individual and collective model and basic ruin theory. Other topics are risk measures and premium principles, bonus-malus systems, ordering of risks and credibility theory. It also contains some chapters about Generalized Linear Models, applied to rating and IBNR problems. As to the level of the mathematics, the book would fit in a bachelors or masters program in quantitative economics or mathematical statistics. This second and.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 43,9 Mb
Release : 2010
Category : Actuarial science
ISBN : 098139681X

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Stochastic Modeling by Anonim Pdf

Author : R. Beard
Publisher : Springer Science & Business Media
Page : 426 pages
File Size : 45,8 Mb
Release : 2013-04-17
Category : Science
ISBN : 9789401176804

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Risk Theory by R. Beard Pdf

The theory of risk already has its traditions. A review of its classical results is contained in Bohlmann (1909). This classical theory was associated with life insurance mathematics, and dealt mainly with deviations which were expected to be produced by random fluctua tions in individual policies. According to this theory, these deviations are discounted to some initial instant; the square root of the sum of the squares of the capital values calculated in this way then gives a measure for the stability of the portfolio. A theory constituted in this manner is not, however, very appropriate for practical purposes. The fact is that it does not give an answer to such questions as, for example, within what limits a company's probable gain or loss will lie during different periods. Further, non-life insurance, to which risk theory has, in fact, its most rewarding applications, was mainly outside the field of interest of the risk theorists. Thus it is quite understandable that this theory did not receive very much attention and that its applications to practical problems of insurance activity remained rather unimportant. A new phase of development began following the studies of Filip Lundberg (1909, 1919), which, thanks to H. Cramer (1926), e.O.

Author : Ermanno Pitacco
Publisher : Springer Nature
Page : 236 pages
File Size : 45,6 Mb
Release : 2020-08-25
Category : Business & Economics
ISBN : 9783030498528

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ERM and QRM in Life Insurance by Ermanno Pitacco Pdf

This book deals with Enterprise Risk Management (ERM) and, in particular, Quantitative Risk Management (QRM) in life insurance business. Constituting a “bridge” between traditional actuarial mathematics and insurance risk management processes, its purpose is to provide advanced undergraduate and graduate students in the Actuarial Sciences, Finance and Economics with the basics of ERM (in general) and QRM applied to life insurance business. The main topics dealt with are: general issues on ERM, risk management tools for life insurance and life annuities, deterministic and stochastic analysis of the behaviour of a portfolio fund, application of sensitivity testing to assess ranges of results of interest, stress testing to assess the impact of extreme scenarios, and the product development process for life annuity products.