Modern Actuarial Theory and Practice - Philip Booth, Robert Chadburn, Steven Haberman, Dewi James, Zaki Khorasanee

Modern Actuarial Theory and Practice

Buch | Hardcover
834 Seiten
2004 | 2nd edition
Chapman & Hall/CRC (Verlag)
978-1-58488-368-5 (ISBN)
129,95 inkl. MwSt
Presents a comprehensive overview of UK and international actuarial theory, practice and modeling. This book describes various traditional areas of actuarial activity in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.
In the years since the publication of the best-selling first edition, the incorporation of ideas and theories from the rapidly growing field of financial economics has precipitated considerable development of thinking in the actuarial profession. Modern Actuarial Theory and Practice, Second Edition integrates those changes and presents an up-to-date, comprehensive overview of UK and international actuarial theory, practice and modeling. It describes all of the traditional areas of actuarial activity, but in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.

Philip Booth (City University, London, UK) (Author) , Robert Chadburn (Actuarial Education Company, Worcs, UK) (Author) , Steven Haberman (City University, London, UK) (Author) , Dewi James (James, Brennan & Associates, London, UK) (Author) , Zaki Khorasanee (City University, London, UK) (Author) , Robert H. Plumb (City University, London, UK) (Author) , Ben Rickayzen (City University, London, UK) (Author)

INVESTMENT. The widening scope of actuarial theory and practice. Investments and valuation. General principles of asset allocation. Investment risk. Portfolio selection techniques and investment modeling. LIFE INSURANCE. Fundamental features of life insurance. Nonparticipating life insurance. Participating life insurance. The regulation of solvency and its effect on the emergence of profit. Life office risks and risk management. The actuarial role in life office management. GENERAL INSURANCE. Introduction to general insurance. General insurance accounts. Premium rating. Reinsurance. Reserving. PENSIONS. Types of pension plan. Actuarial modeling of defined-benefit plans. Investment strategies for defined-benefit plans. Individual pension choices. HEALTH INSURANCE. An introduction to health insurance. Income protection insurance. Critical illness. Long-term care. Private medical insurance.

Erscheint lt. Verlag 28.12.2004
Zusatzinfo 123 Tables, black and white; 45 Illustrations, black and white
Sprache englisch
Maße 156 x 234 mm
Gewicht 1340 g
Themenwelt Betriebswirtschaft / Management Spezielle Betriebswirtschaftslehre Versicherungsbetriebslehre
ISBN-10 1-58488-368-5 / 1584883685
ISBN-13 978-1-58488-368-5 / 9781584883685
Zustand Neuware
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