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Nonlife Actuarial Models - Theory, Methods and Evaluation (Hardcover, 2nd Revised edition)
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Nonlife Actuarial Models - Theory, Methods and Evaluation (Hardcover, 2nd Revised edition)
Series: International Series on Actuarial Science
Expected to ship within 12 - 17 working days
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Actuaries must pass exams, but more than that: they must put
knowledge into practice. This coherent book supports the Society of
Actuaries' short-term actuarial mathematics syllabus while
emphasizing the concepts and practical application of nonlife
actuarial models. A class-tested textbook for undergraduate courses
in actuarial science, it is also ideal for those approaching their
professional exams. Key topics covered include loss modelling, risk
and ruin theory, credibility theory and applications, and empirical
implementation of loss models. Revised and updated to reflect
curriculum changes, this second edition includes two brand new
chapters on loss reserving and ratemaking. R replaces Excel as the
computation tool used throughout - the featured R code is available
on the book's webpage, as are lecture slides. Numerous examples and
exercises are provided, with many questions adapted from past
Society of Actuaries exams.
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