Constructing Insurable Risk Portfolios
Frees, Edward W.
Sold by Revaluation Books, Exeter, United Kingdom
AbeBooks Seller since 6 January 2003
New - Hardcover
Condition: New
Ships from United Kingdom to U.S.A.
Quantity: 2 available
Add to basketSold by Revaluation Books, Exeter, United Kingdom
AbeBooks Seller since 6 January 2003
Condition: New
Quantity: 2 available
Add to basket400 pages. 10.00x7.00x10.00 inches. In Stock.
Seller Inventory # x-1032745045
Constructing Insurable Risk Portfolios offers a data-driven approach to devising risk retention programs that safeguard firms from a multitude of risks. Because firms face many risks, including fire damage to their buildings, liability from management misconduct, and external threats like cyberattacks, this book treats these potential liabilities as a "portfolio." Drawing inspiration from Markowitz portfolio theory, the text leverages techniques from probability, statistics, and optimization to build algorithms that construct optimal risk insurable portfolios under budget constraints.
Features
This book equips students, academics, and practitioners with quantitative tools to analyze real-world risk portfolios. Additionally, it empowers financial analysts to provide data-driven insights that enhance their advisory roles for risk managers.
Edward W. Frees is an emeritus professor affiliated with the University of Wisconsin-Madison where he served as the Hickman Larson Chair of Actuarial Science. Until recently, he enjoyed a fractional research appointment with the Australian National University. He received his PhD in mathematical statistics from the University of North Carolina at Chapel Hill. He works at the intersection of data science and actuarial studies; he is a fellow of the American Statistical Association and was a fellow of the Society of Actuaries (SOA) (the only fellow of both organizations).
Prof. Frees has provided extensive service to the profession, including serving as the founding chairperson of the SOA Education and Research Section, member of the SOA Board of Directors, trustee of the Actuarial Foundation, editor of the North American Actuarial Journal, and actuarial representative to the Social Security Advisory Board’s Technical Panel on Methods and Assumptions. He has written three books, edited a two-volume series on predictive modeling applications in actuarial science, and is editing an online, open source book, Loss Data Analytics.
Regarding his research, Prof. Frees has published extensively and won several awards for his work. He has won the Society of Actuaries’ Annual Prize for the best paper published by the Society, the SOA’s Ed Lew Award for research in modeling, the Casualty Actuarial Society’s Hachmeister award, and the Halmstad Prize for best paper published in the actuarial literature (four times).
"About this title" may belong to another edition of this title.
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