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International Series on Actuarial Science Ser.: Actuarial Mathematics for...

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eBay item number:277139005485
Last updated on Jul 27, 2025 22:24:34 MYTView all revisionsView all revisions

Item specifics

Condition
Good: A book that has been read but is in good condition. Very minimal damage to the cover including ...
Personalized
No
ISBN
9781108478083

About this product

Product Identifiers

Publisher
Cambridge University Press
ISBN-10
1108478085
ISBN-13
9781108478083
eBay Product ID (ePID)
28038619287

Product Key Features

Number of Pages
782 Pages
Publication Name
Actuarial Mathematics for Life Contingent Risks
Language
English
Publication Year
2019
Subject
Insurance / Risk Assessment & Management, Statistics, Insurance / General
Features
Revised
Type
Textbook
Subject Area
Business & Economics
Author
Howard R. Waters, David C. M. Dickson, Mary R. Hardy
Series
International Series on Actuarial Science Ser.
Format
Hardcover

Dimensions

Item Height
1.5 in
Item Weight
47.3 Oz
Item Length
9.2 in
Item Width
6.3 in

Additional Product Features

Edition Number
3
Intended Audience
College Audience
LCCN
2019-042023
Reviews
Review of the first edition: 'The book is well written, well organized, and easy to read. It may be an excellent textbook for both undergraduate and graduate programs in actuarial science. It is also a rich source of useful information for practitioners of the actuarial profession and financial risk managers who seek a practical and inspiring guide to liability cash flow modeling and valuation.' Scandinavian Actuarial Journal
Dewey Edition
22
Illustrated
Yes
Dewey Decimal
368.01
Table Of Content
Preface to the third edition; 1. Introduction to life and long term health insurance; 2. Survival models; 3. Life tables and selection; 4. Insurance benefits; 5. Annuities; 6. Premium calculation; 7. Policy values; 8. Multiple state models; 9. Multiple decrement models; 10. Joint life and last survivor benefits; 11. Pension mathematics; 12. Yield curves and non-diversifiable risk; 13. Emerging costs for traditional life insurance; 14. Universal life insurance; 15. Emerging costs for equity-linked insurance; 16. Option pricing; 17. Embedded options; 18. Estimating survival models; 19. Stochastic longevity models; Appendix A. Probability and statistics; Appendix B. Numerical techniques; Appendix C. Monte Carlo simulation; Appendix D. Tables; References; Index.
Edition Description
Revised edition
Synopsis
The substantially updated third edition of the popular Actuarial Mathematics for Life Contingent Risks is suitable for advanced undergraduate and graduate students of actuarial science, for trainee actuaries preparing for professional actuarial examinations, and for life insurance practitioners who wish to increase or update their technical knowledge. The authors provide intuitive explanations alongside mathematical theory, equipping readers to understand the material in sufficient depth to apply it in real-world situations and to adapt their results in a changing insurance environment. Topics include modern actuarial paradigms, such as multiple state models, cash-flow projection methods and option theory, all of which are required for managing the increasingly complex range of contemporary long-term insurance products. Numerous exam-style questions allow readers to prepare for traditional professional actuarial exams, and extensive use of Excel ensures that readers are ready for modern, Excel-based exams and for the actuarial work environment. The Solutions Manual (ISBN 9781108747615), available for separate purchase, provides detailed solutions to the text's exercises., This new edition, designed as a primary text for undergraduate and graduate students, covers the mathematics of life and long-term health insurance and pensions. Exam-style questions build up students' confidence in applying the material to real-world situations, and prepares them for professional exams such as the Society of Actuaries' LTAM Exam.
LC Classification Number
HG8781.D528 2020

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