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Introduction to Actuarial Mathematics

Name: Introduction to Actuarial Mathematics
Brand: Springer
SKU: 01974425
Price: 44539 HUF
Availability: InStock
Author: Arjun K. Gupta
ISBN: 9789048159499

Arjun K. Gupta

Tamas Varga

Language

English

Book Paperback

Libristo code: 01974425

Publishers Springer, December 2010

This text has been written by a renowned statistician and a practising actuary, primarily as an intr... Full description

Libristo code: 01974425

298 b

44 539 Ft

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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.