Actuaries are experts in assessing risk, so it is not surprising
that over the past few years they have become involved in many new
areas of financial planning, including the appraisal of major
capital projects. In this collection of essays published to
celebrate the Institute of Actuariesa 150th Anniversary, leading
experts describe how actuarial concepts have contributed to many
important social and financial developments, and how these ideas
will continue to "make financial sense of the future." Even
non--mathematicians will find this book useful in understanding how
the scientific bases of the insurance and pensions industries grew
up, and how they work today. The authors each write from the
perspective of their own special expertise. They include five
former presidents of the Institute of Faculty of Actuaries.
General
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