An Introduction to Actuarial Mathematics (Mathematical Modelling: Theory and Applications)

Arjun K. Gupta/ T. Varga

ISBN 10: 9048159490 / ISBN 13: 9789048159499

Verlag: Springer, 2002

Beschreibung

360 pages. 9.00x6.00x0.90 inches. In Stock. Bestandsnummer des Verkäufers x-9048159490

Bibliografische Details

Titel: An Introduction to Actuarial Mathematics (...

Verlag: Springer

Erscheinungsdatum: 2002

Einband: Paperback

Zustand: Brand New

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Inhaltsangabe:

This text has been written by a renowned statistician and a practising actuary, primarily as an introduction to the basics of the actuarial mathematics of life insurance. Since it attempts to derive the results in a mathematically rigorous way, the concepts and techniques of one-variable calculus and probability theory have been used throughout.
Topics dealt with include important concepts of financial mathematics; the concept of interests; annuities-certain; mortality theory; different types of life insurances; stochastic cash flows in general and pure endowments, whole life and term insurances, endowments, and life annuities in particular; premium calculations; reserves; mortality profit; and negative reserves.
The book contains many systematically solved examples showing the practical applications of the theory presented. Solving the problems at the end of each section is essential for understanding the material. Answers to odd-numbered problems are given at the end of the volume.