Atuarios.Org

Introduction to Ratemaking and Loss Reserving for Property and Casualty Insurance

Tue, 26 May 2009 14:59:26 -0300

his text provides a basic foundation of knowledge concerning two fundamental building blocks of property/casualty actuarial work: ratemaking and loss reserving. Although the material is of property/casualty origins, the methods presented have potential application in other insurance areas. The text contains a number of worked examples and end-of-chapter exercises.

Living to 100 and Beyond

Tue, 26 May 2009 14:58:47 -0300

Living to 100 and Beyond explores the research that has focused on increasing life expectancies and the lifestyles of longer lived individuals. It provides a basic understanding of the actuarial mathematics associated with life expectancies, their calculation and their projection. It also highlights the important issues facing society as populations age.

The book also provides a discussion of a host of products targeted for the aged. It can thus serve as a reference source for anyone who is impacted by any aspect of this fascinating topic. It concludes with an extensive bibliography for those who would like additional information.

Mathematics of Investment and Credit

Fri, 27 Feb 2009 10:46:25 -0300

This text is a thorough treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a direct-calculation approach to reaching numerical results, and uses a gentle, thorough pedagogic style. This edition includes expanded treatments of financial derivatives. The text contains a large number of worked examples and end-of-chapter exercises.

Life Contingencies: A Logical Approach to Actuarial Mathematics

Tue, 16 Sep 2008 09:39:57 -0300

This manual provides students with notes and sample exam questions to expand upon and clarify the more difficult topics covered in the second edition of the Society of Actuaries textbook, Actuarial Mathematics, by Bowers, et al., in Life Contingencies.

It is a significant enhancement to its predecessor, A Guide for the Actuarial Student: Life Contingencies and Ruin Theory. It has been repackaged as a more complete study guide to the Life Contingencies material in Actuarial Mathematics. Professor Batten has expanded the commentary, reflecting student and professor input.

Actuarial Modelling of Claim Counts: Risk Classification, Credibility and Bonus-Malus Systems

Mon, 15 Sep 2008 11:13:23 -0300

There are a wide range of variables for actuaries to consider when calculating a motorist’s insurance premium, such as age, gender and type of vehicle. Further to these factors, motorists’ rates are subject to experience rating systems, including credibility mechanisms and Bonus Malus systems (BMSs).

Fundamentals of Actuarial Mathematics

Wed, 13 Aug 2008 10:12:03 -0300

Actuarial work is the application of mathematics and statistics to the analysis of financial problems in life insurance, pensions, general insurance and investments. This unique introduction to the topic employs both a deterministic and stochastic treatment of the subject. It combines interest theory and life contingencies in a unified manner as well as covering basic risk theory. Fundamentals of Actuarial Mathematics presents the concepts in an original, accessible style, assuming a minimal formal background.

Encyclopedia of Actuarial Science

Wed, 13 Aug 2008 10:11:25 -0300

The Encyclopedia of Actuarial Science presents a timely and comprehensive body of knowledge designed to serve as an essential reference for the actuarial profession and all related business and financial activities, as well as researchers and students in actuarial science and related areas.

Applications of Monte Carlo Methods to Finance & Insurance

Wed, 13 Aug 2008 10:11:04 -0300

Monte Carlo methods are useful in solving a wide range of problems, both stochastic and deterministic, that cannot easily be solved using analytic methods. In this text, the authors describe a number of schemes for generating sequences of both pseudo-random and quasi-random numbers from a wide variety of probability distributions. They discuss several variance reduction methods aimed at improving the efficiency and the robustness of the simulation process.

Actuarial Aspects of Individual Life Insurance and Annuity Contracts

Wed, 13 Aug 2008 10:10:29 -0300

This text focuses on the relationships among the various types of values that are associated with individual life and annuity contracts and the links among the various types of values that are associated with these contracts.

Life Health & Annuity Reinsurance

Wed, 13 Aug 2008 10:08:48 -0300

This text is listed on the Course of Reading for the Course 8-Finance and Enterprise Risk Management Examinations and the Course 8-Individual Insurance Examinations of the Society of Actuaries.