Statistical and Probabilistic Methods in Actuarial Science

✍ Scribed by Boland, Philip J

• Publisher: CRC Press
• Year: 2007
• Tongue: English
• Leaves: 362
• Series: Interdisciplinary statistics
• Category: Library

✦ Synopsis

This book is meant to serve as a textbook for students seeking careers in insurance, actuarial science, or finance. ... The author provides a variety of worked examples in each chapter to illustrate the main ideas, with an emphasis on those of more numerical and practical nature. Although good references for further reading are provided, basic knowledge in probability and statistics is required. This book will also serve as a nice reference for an insurance analyst.-Technometrics, February 2009, Vol. 51, No. 1... There are not many other books that cover actuarial topics based on statistical metho. Read more...

Abstract: This book is meant to serve as a textbook for students seeking careers in insurance, actuarial science, or finance. ... The author provides a variety of worked examples in each chapter to illustrate the main ideas, with an emphasis on those of more numerical and practical nature. Although good references for further reading are provided, basic knowledge in probability and statistics is required. This book will also serve as a nice reference for an insurance analyst.-Technometrics, February 2009, Vol. 51, No. 1... There are not many other books that cover actuarial topics based on statistical metho

✦ Table of Contents

Content: Front cover
Dedication
Preface
Introduction
Contents
Chapter 1. Claims Reserving and Pricing with Run-Off Triangles
Chapter 2. Loss Distributions
Chapter 3. Risk Theory
Chapter 4. Ruin Theory
Chapter 5. Credibility Theory
Chapter 6. No Claim Discounting in Motor Insurance
Chapter 7. Generalized Linear Models
Chapter 8. Decision and Game Theory
References
Appendix A. Basic Probability Distributions
Appendix B. Some Basic Tools in Probability and Statistics
Appendix C. An Introduction to Bayesian Statistics
Appendix D. Answers to Selected Problems
Back cover