Modern Actuarial Theory and Practice
Booth, Peter J.
Sold by Buchpark, Trebbin, Germany
AbeBooks Seller since 30 September 2021
Used - Hardcover
Condition: Used - Fine
Ships from Germany to U.S.A.
Quantity: 1 available
Add to basketSold by Buchpark, Trebbin, Germany
AbeBooks Seller since 30 September 2021
Condition: Used - Fine
Quantity: 1 available
Add to basketZustand: Sehr gut | Seiten: 716 | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar.
Seller Inventory # 38663719/202
In the last two decades, there has been a significant shift in thinking and in the approach taken to actuarial practice: moving from deterministic methods (with implicit or explicit margins to protect against variability) to fully stochastic methods. Important international developments are currently being made in actuarial education, with radical changes being implemented in Australia and North America, and evolutionary changes planned in the UK.
At the same time, the Consultative Group of Actuarial Associations within the EU and the International Forum of Actuarial Associations are both actively considering the international harmonization of professional qualifications.
Modern Actuarial Theory and Practice matches the philosophy of those international developments, and the manner in which actuarial qualifications are changing and are likely to continue to change. It describes the traditional areas of actuarial activity with an emphasis on the fundamental principles, as well as the economic, financial, and statistical foundations of actuarial theory and practice.
Information is presented in five interconnected sections:
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