Main Risk Analysis in Finance and Insurance (Chapman & Hall/CRC Financial Mathematics Series)

Risk Analysis in Finance and Insurance (Chapman & Hall/CRC Financial Mathematics Series)

5.0 / 5.0
0 comments
Historically, financial and insurance risks were separate subjects most often analyzed using qualitative methods. The development of quantitative methods based on stochastic analysis is an important achievement of modern financial mathematics, one that can naturally be extended and applied in actuarial mathematics. Risk Analysis in Finance and Insurance offers the first comprehensive and accessible introduction to the ideas, methods, and probabilistic models that have transformed risk management into a quantitative science and led to unified methods for analyzing insurance and finance risks. The author's approach is based on a methodology for estimating the present value of future payments given current financial, insurance, and other information, which leads to proper, practical definitions of the price of a financial contract, the premium for an insurance policy, and the reserve of an insurance company.Self-contained and full of exercises and worked examples, Risk Analysis in Finance and Insurance serves equally well as a text for courses in financial and actuarial mathematics and as a valuable reference for financial analysts and actuaries. Ancillary electronic materials will be available for download from the publisher's Web site.
Request Code : ZLIBIO227441
Categories:
Year:
2003
Edition:
1
Publisher:
Chapman and Hall/CRC
Language:
English
Pages:
252
ISBN 10:
1584884290
ISBN 13:
9781584884293
ISBN:
9781584884293,1584884290
Series:
Chapman & Hall/CRC Financial Mathematics Series

Comments of this book

There are no comments yet.