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Practical Risk Theory for Actuaries
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Practical Risk Theory for Actuaries

Book Details

Format Hardback or Cased Book
ISBN-10 0412428504
ISBN-13 9780412428500
Publisher Taylor & Francis Ltd
Imprint Chapman & Hall/CRC
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 1st, 1993
Print length 568 Pages
Weight 928 grams
Dimensions 24.10 x 16.10 x 3.90 cms
Ksh 36,000.00
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A revised textbook covering all aspects of risk theory in a practical way. It follows on from the late R.E. Beard's book "Risk Theory" and should be of interest to actuarial students and practitioners working in the insurance industry as well as economists and applied statisticians.
This classic textbook covers all aspects of risk theory in a practical way. It builds on from the late R.E. Beard''s extremely popular book Risk Theory, but features more emphasis on simulation and modeling and on the use of risk theory as a practical tool. Practical Risk Theory is a textbook for practicing and student actuaries on the practical aspects of stochastic modeling of the insurance business. It has its roots in the classical theory of risk but introduces many new elements that are important in managing the insurance business but are usually ignored in the classical theory. The authors avoid overcomplicated mathematics and provide an abundance of diagrams.

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