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Guide Vep: A.T. Kearney 2003
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Sharing the Knowledge. Cheat Sheet : All Cheat Sheets in one page All cheat sheets, round-ups, quick reference cards, quick reference guides and quick reference sheets in one page. Its content is in agreement with the European "Groupe Consultatif" standards. An extensive bibliography, annotated by various comments sections with references to more advanced relevant literature, make the book broadly and easiliy accessible.
The volume offers a mathematical introduction to non-life insurance and, at the same time, to a multitude of applied stochastic processes. It includes detailed discussions of the fundamental models regarding claim sizes, claim arrivals, the total claim amount, and their probabilistic properties. Throughout the volume the language of stochastic processes is used for describing the dynamics of an insurance portfolio in claim size, space and time.
The reader learns how the underlying probabilistic structures allow determining premiums in a portfolio or in an individual policy. The second edition contains various new chapters that illustrate the use of point process techniques in non-life insurance mathematics.
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Poisson processes play a central role. Detailed discussions show how Poisson processes can be used to describe complex aspects in an insurance business such as delays in reporting, the settlement of claims and claims reserving. Also the chain ladder method is explained in detail. More than figures and tables illustrate and visualize the theory.
Every section ends with numerous exercises. An extensive bibliography, annotated with various comments sections with references to more advanced relevant literature, makes the volume broadly and easily accessible. His special interests are applied probability theory and stochastic processes. Over the last few years his research has focused on extremal events in finance, insurance and telecommunications.
Convert currency. Add to Basket. Book Description Condition: Brand New. Printed in English. Show next edition. Buy eBook. FAQ Policy. Reviews From the reviews: "The book offers a mathematical introduction to non-life insurance and, at the same time, to a multitude of applied stochastic processes. Show all. Read this book on SpringerLink Link to the author.