Modern Actuarial Theory and Practice

2. New Auflage 2004
ISBN: 978-1-58488-368-5
Verlag: Taylor & Francis Inc

Buch, Englisch, 834 Seiten, Format (B × H): 160 mm x 241 mm, Gewicht: 1294 g

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.

Zielgruppe

Undergraduate

Autoren/Hrsg.

Booth, Philip (City University, London, UK)

Booth, Philip

Chadburn, Robert

Haberman, Steven (City University, London, UK)

Haberman, Steven

James, Dewi

Khorasanee, Zaki (City University, London, UK)

Khorasanee, Zaki

Plumb, Robert

Rickayzen, Ben (City University, London, UK)

Rickayzen, Ben

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Versicherungswirtschaft

Inhaltsverzeichnis

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.

Über Autor(innen)

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)