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Loss Models : From Data to Decisions (Solution Manual)

Loss Models : From Data to Decisions (Solution Manual) - 98 edition

ISBN13: 978-0471238850

Cover of Loss Models : From Data to Decisions (Solution Manual) 98 (ISBN 978-0471238850)
ISBN13: 978-0471238850
ISBN10: 0471238856 Edition: 98
Copyright: 1998
Publisher: John Wiley & Sons, Inc.
Published: 1998
International: No

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Loss Models : From Data to Decisions (Solution Manual) - 98 edition

ISBN13: 978-0471238850

Stuart A. Klugman

ISBN13: 978-0471238850
ISBN10: 0471238856 Edition: 98
Copyright: 1998
Publisher: John Wiley & Sons, Inc.
Published: 1998
International: No
Summary

Much of actuarial science consists of constructing and analyzing mathematical models that describe how fluids flow into and out of an insurance system. This book examines contemporary topics such as risk theory and economics, credibility and stochastic processes with a focus on the loss process, or the outflow of cash due to the payment of benefits.

Table of Contents

Introduction--A Model-Based Approach to Actuarial Science.
Loss Distributions--Models for the Amount of a Single Payment.
Frequency Distributions--Models for the Number of Payments.
Aggregate Loss Models.
Credibility Theory.
Long-Term Models.
Appendices.
References.
Index.

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