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Modern Actuarial Theory and Practice by Robert Chadburn, Zaki Khorasanee, Philip

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eBay item number:276415167603

Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
ISBN
9781584883685
Subject Area
Business & Economics, Mathematics
Publication Name
Modern Actuarial Theory and Practice
Item Length
9.5 in
Publisher
CRC Press LLC
Subject
Finance / General, Probability & Statistics / General, General, Insurance / General
Publication Year
2004
Type
Textbook
Format
Hardcover
Language
English
Item Height
1.8 in
Author
Dewi James, Steven Haberman, Philip Booth, Zaki Khorasanee, Robert Chadburn
Item Width
7.2 in
Item Weight
60.5 Oz
Number of Pages
840 Pages

About this product

Product Information

In the years since the publication of the best-selling first edition, the incorporation of ideas and theories from the rapidly growing field of financial economics has precipitated considerable development of thinking in the actuarial profession. Modern Actuarial Theory and Practice, Second Edition integrates those changes and presents an up-to-date, comprehensive overview of UK and international actuarial theory, practice and modeling. It describes all of the traditional areas of actuarial activity, but in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.

Product Identifiers

Publisher
CRC Press LLC
ISBN-10
1584883685
ISBN-13
9781584883685
eBay Product ID (ePID)
2629004

Product Key Features

Author
Dewi James, Steven Haberman, Philip Booth, Zaki Khorasanee, Robert Chadburn
Publication Name
Modern Actuarial Theory and Practice
Format
Hardcover
Language
English
Subject
Finance / General, Probability & Statistics / General, General, Insurance / General
Publication Year
2004
Type
Textbook
Subject Area
Business & Economics, Mathematics
Number of Pages
840 Pages

Dimensions

Item Length
9.5 in
Item Height
1.8 in
Item Width
7.2 in
Item Weight
60.5 Oz

Additional Product Features

Edition Number
2
LCCN
2004-056100
Intended Audience
College Audience
Lc Classification Number
Hg8781.M63 2004
Edition Description
Revised Edition,New Edition
Reviews
"...The authors have updated the first edition of the book to reflect developments in the actuarial profession since the publication of the first edition in 1998, [and] to integrate theories and applications in the rapidly growing field of financial economics ... . Another major development of the new edition is the introduction of a new section on actuarial applications in health insurance. ... it can serve as important study material for actuarial students, as well as a desk reference for actuarial professionals in respect to practical actuarial issues." -The Journal of Risk and Insurance "The scope of this book is extensive, covering much of actuarial practice. ... It should probably be in the library of a university with an extensive actuarial science program." -MAA Review "The publication of the first edition of Modern Actuarial Theory and Practice in 1998 marked an important step in the emergence of new actuarial textbooks in the English language ... providing an introduction to the practical applications of modern development in actuarial science across a range of practice areas ... The new edition of Modern Actuarial Theory and Practice will offer valuable additional study material to those preparing for the Core Applications examination of the UK actuarial profession, and similar-level studies in other countries, as well as being a convenient general textbook for every qualified actuary to have on their bookshelf. I congratulate the authors on bringing the material together for this book and hope that it will be widely used by students and by qualified actuaries around the world." -From the Foreword by Chris Daykin, CB, MA, FIA, Chairman, Education Committee of the Groupe Consultatif
Table of Content
INVESTMENT. The widening scope of actuarial theory and practice. Investments and valuation. General principles of asset allocation. Investment risk. Portfolio selection techniques and investment modeling. LIFE INSURANCE. Fundamental features of life insurance. Nonparticipating life insurance. Participating life insurance. The regulation of solvency and its effect on the emergence of profit. Life office risks and risk management. The actuarial role in life office management. GENERAL INSURANCE. Introduction to general insurance. General insurance accounts. Premium rating. Reinsurance. Reserving. PENSIONS. Types of pension plan. Actuarial modeling of defined-benefit plans. Investment strategies for defined-benefit plans. Individual pension choices. HEALTH INSURANCE. An introduction to health insurance. Income protection insurance. Critical illness. Long-term care. Private medical insurance.
Copyright Date
2005
Dewey Decimal
368/.01
Dewey Edition
21
Illustrated
Yes

Item description from the seller