Product Information
Actuarial work is the application of mathematics and statistics to the analysis of financial problems in life insurance, pensions, general insurance and investments. This unique introduction to the topic employs both a deterministic and stochastic treatment of the subject. It combines interest theory and life contingencies in a unified manner as well as covering basic risk theory. Fundamentals of Actuarial Mathematics presents the concepts in an original, accessible style, assuming a minimal formal background. This book provides a complete review of necessary probability theory and covers the Society of Actuaries syllabus on Actuarial Models. It orders the topics specifically to facilitate learning, beginning with the simplest case of the deterministic discrete model, and then moving to the more complicated stochastic, continuous models. While employing modern calculation and computing techniques, such as spreadsheets, it also contains a variety of exercises, both computational and theoretical. Supported by a website featuring exercises and further examples, it is written by a highly respected academic with over 35 years teaching experience. This book will be invaluable to senior undergraduate and graduate students, as well as actuarial professionals working in the life insurance or pension fields. Applied mathematicians and economists will also benefit greatly from the clear presentation and numerous examples.Product Identifiers
PublisherJohn Wiley & Sons AND Sons LTD
ISBN-139780470016893
eBay Product ID (ePID)88491888
Product Key Features
Number of Pages392 Pages
LanguageEnglish
Publication NameFundamentals of Actuarial Mathematics
Publication Year2005
SubjectFinance, Mathematics
TypeTextbook
AuthorS. David Promislow
FormatHardcover
Dimensions
Item Height250 mm
Item Weight858 g
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorS. David Promislow