Nonlife Actuarial Models: Theory, Methods and Evaluation (International Series on Actuarial Science) - Hardcover

Tse, Yiu-Kuen

Hardcover

ISBN 10: 0521764653 ISBN 13: 9780521764650

Publisher: Cambridge University Press, 2009

Synopsis

Actuaries must pass exams, but more than that: they must put knowledge into practice. This coherent book gives complete syllabus coverage for Exam C of the Society of Actuaries (SOA) while emphasizing the concepts and practical application of nonlife actuarial models. Ideal for those approaching their professional exams, it is also a class-tested textbook for undergraduate university courses in actuarial science. All the topics that students need to prepare for Exam C are here, including modeling of losses, risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. The book also covers more recent topics, such as risk measures and bootstrapping. Readers are assumed to have studied statistical inference and probability at the introductory undergraduate level. Numerous examples and exercises are provided, with many exercises adapted from past Exam C questions. Computational notes on the use of Excel are included. Teaching slides are available for download.

About this title

About the Author

Yiu-Kuen Tse is currently a Professor with the School of Economics at Singapore Management University. He has been a Fellow of the Society of Actuaries (FSA) since 1993.

Edition details

• Publisher: Cambridge University Press
• Publication date: 2009
• Language: English
• ISBN 10: 0521764653
• ISBN 13: 9780521764650
• Binding: Hardcover
• Number of pages: 542