| Description |
xxi, 546 pages : illustrations ; 23 cm |
| Series |
Monographs on statistics and applied probability ; 53 |
|
Monographs on statistics and applied probability (Series) ; 53
|
| Contents |
pt. 1. Foundations of Practical Risk Theory. 1. Some preliminary ideas. 2. The number of claims. 3. The amount of claims. 4. Calculation of a compound claim d.f. F. 5. Simulation. 6. Applications involving short-term claim fluctuation -- pt. 2. Stochastic Analysis of Insurance Business. 7. Inflation. 8. Investment. 9. Claims with an extended time horizon. 10. Premiums. 11. Expenses, taxes and dividends. 12. The insurance process. 13. Applications to long-term processes. 14. Managing uncertainty. 15. Life insurance. 16. Pension schemes -- App. A Derivation of the Poisson formula -- App. B Polya and Gamma distributions -- App. C Asymptotic behaviour of the compound mixed Poisson d.f -- App. D Numerical calculation of the normal d.f -- App. E Derivation of the recursion formula for F -- App. F Simulation -- App. G Time series -- App. H Portfolio selection -- App. I Solutions to exercises |
| Analysis |
Actuarial science |
|
Actuarial science |
| Notes |
Errata slip inserted |
| Bibliography |
Includes bibliographical references (pages 514-525) and indexes |
| Subject |
Insurance -- Mathematics.
|
|
Risk (Insurance)
|
|
Stochastic processes.
|
| Author |
Pentikäinen, Teivo.
|
|
Pesonen, M. (Martti)
|
| LC no. |
93034334 |
| ISBN |
0412428504 alkaline paper |
|
9780412428500 alkaline paper |
|
