| Description |
1 online resource (xviii, 381 pages) : illustrations |
| Series |
Studies in computational intelligence ; 128 |
|
Studies in computational intelligence ; 128.
|
| Contents |
Utility theory and insurance -- The individual risk model -- Collective risk models -- Ruin theory -- Premium principles and risk measures -- Bonus-malus systems -- Ordering of risks -- Credibility theory -- Generalized linear models -- IBNR techniques -- More on GLMs -- The "R" in Modern ART -- Hints for the exercises -- Notes and references |
| Summary |
Modern Actuarial Risk Theory contains what every actuary needs to know about non-life insurance mathematics. It starts with the standard material like utility theory, individual and collective model and basic ruin theory. Other topics are risk measures and premium principles, bonus-malus systems, ordering of risks and credibility theory. It also contains some chapters about Generalized Linear Models, applied to rating and IBNR problems. As to the level of the mathematics, the book would fit in a bachelors or masters program in quantitative economics or mathematical statistics. This second and much expanded edition emphasizes the implementation of these techniques through the use of R. This free but incredibly powerful software is rapidly developing into the de facto standard for statistical computation, not just in academic circles but also in practice. With R, one can do simulations, find maximum likelihood estimators, compute distributions by inverting transforms, and much more |
| Analysis |
economie |
|
economics |
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bedrijfswetenschap |
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management science |
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finance |
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bankwezen |
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banking sector |
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toegepaste statistiek |
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applied statistics |
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Management studies, Business Administration, Organizational Science (General) |
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Economics (General) |
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Management, bedrijfskunde, organisatiekunde (algemeen) |
|
Economie (algemeen) |
| Bibliography |
Includes bibliographical references (pages 361-366) and index |
| Notes |
Print version record |
| Subject |
Risk (Insurance)
|
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Actuarial science.
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BUSINESS & ECONOMICS -- Insurance -- Risk Assessment & Management.
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Risk (Insurance)
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Actuarial science.
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Science économique.
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Affaires.
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Economie de l'entreprise.
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Actuarial science
|
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Risk (Insurance)
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Risikotheorie
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Versicherungsmathematik
|
| Form |
Electronic book
|
| Author |
Kaas, R. (Rob)
|
| ISBN |
9783540709985 |
|
3540709983 |
|
