Probability and Statistics for Actuaries

Probability and Statistics for Actuaries
Author :
Publisher : Cognella Academic Publishing
Total Pages :
Release :
ISBN-10 : 1793552797
ISBN-13 : 9781793552792
Rating : 4/5 (97 Downloads)

Synopsis Probability and Statistics for Actuaries by : Natalia A. Humphreys

Probability and Statistics for Actuaries provides students with a structured and detailed explanation of the probabilistic and statistical aspects of actuarial science to help them formalize and deepen their knowledge in these areas. The text is divided into two distinct parts with the first focusing on probability and the second focusing on statistics. Part I begins with a strategic review of probabilistic models and techniques. Additional chapters cover conditional probability, variance, and expectation with distinct emphasis of the Bayesian approach. Students learn about the Bayesian framework for credibility and the relationship between Bühlmann approximation and empirical Bayes. Part II begins with a review of statistical models and techniques and then proceeds with a robust chapter that discusses parametric statistical inference. The text includes two helpful appendices: a one-sample K-S table and a one-sample A-D table. Designed to help students expand their knowledge, Probability and Statistics for Actuaries is an exceptional resource for courses within the actuarial sciences. It is also ideal for individuals preparing to take professional exams given by the Society of Actuaries and Casualty Actuarial Society.

Statistical and Probabilistic Methods in Actuarial Science

Statistical and Probabilistic Methods in Actuarial Science
Author :
Publisher : CRC Press
Total Pages : 368
Release :
ISBN-10 : 9781584886969
ISBN-13 : 158488696X
Rating : 4/5 (69 Downloads)

Synopsis Statistical and Probabilistic Methods in Actuarial Science by : Philip J. Boland

Statistical and Probabilistic Methods in Actuarial Science covers many of the diverse methods in applied probability and statistics for students aspiring to careers in insurance, actuarial science, and finance. The book builds on students' existing knowledge of probability and statistics by establishing a solid and thorough understanding of

Financial and Actuarial Statistics

Financial and Actuarial Statistics
Author :
Publisher : CRC Press
Total Pages : 392
Release :
ISBN-10 : 9780203911242
ISBN-13 : 0203911245
Rating : 4/5 (42 Downloads)

Synopsis Financial and Actuarial Statistics by : Dale S. Borowiak

Understand Up-to-Date Statistical Techniques for Financial and Actuarial ApplicationsSince the first edition was published, statistical techniques, such as reliability measurement, simulation, regression, and Markov chain modeling, have become more prominent in the financial and actuarial industries. Consequently, practitioners and students must ac

Reinsurance

Reinsurance
Author :
Publisher : John Wiley & Sons
Total Pages : 366
Release :
ISBN-10 : 9780470772683
ISBN-13 : 0470772689
Rating : 4/5 (83 Downloads)

Synopsis Reinsurance by : Hansjörg Albrecher

Reinsurance: Actuarial and Statistical Aspects provides a survey of both the academic literature in the field as well as challenges appearing in reinsurance practice and puts the two in perspective. The book is written for researchers with an interest in reinsurance problems, for graduate students with a basic knowledge of probability and statistics as well as for reinsurance practitioners. The focus of the book is on modelling together with the statistical challenges that go along with it. The discussed statistical approaches are illustrated alongside six case studies of insurance loss data sets, ranging from MTPL over fire to storm and flood loss data. Some of the presented material also contains new results that have not yet been published in the research literature. An extensive bibliography provides readers with links for further study.

Practical Risk Theory for Actuaries

Practical Risk Theory for Actuaries
Author :
Publisher : CRC Press
Total Pages : 572
Release :
ISBN-10 : 0412428504
ISBN-13 : 9780412428500
Rating : 4/5 (04 Downloads)

Synopsis Practical Risk Theory for Actuaries by : C.D. Daykin

This classic textbook covers all aspects of risk theory in a practical way. It builds on from the late R.E. Beard's extremely popular book Risk Theory, but features more emphasis on simulation and modeling and on the use of risk theory as a practical tool. Practical Risk Theory is a textbook for practicing and student actuaries on the practical aspects of stochastic modeling of the insurance business. It has its roots in the classical theory of risk but introduces many new elements that are important in managing the insurance business but are usually ignored in the classical theory. The authors avoid overcomplicated mathematics and provide an abundance of diagrams.

Loss Models

Loss Models
Author :
Publisher : John Wiley & Sons
Total Pages : 758
Release :
ISBN-10 : 9780470391334
ISBN-13 : 0470391332
Rating : 4/5 (34 Downloads)

Synopsis Loss Models by : Stuart A. Klugman

An update of one of the most trusted books on constructing and analyzing actuarial models Written by three renowned authorities in the actuarial field, Loss Models, Third Edition upholds the reputation for excellence that has made this book required reading for the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS) qualification examinations. This update serves as a complete presentation of statistical methods for measuring risk and building models to measure loss in real-world events. This book maintains an approach to modeling and forecasting that utilizes tools related to risk theory, loss distributions, and survival models. Random variables, basic distributional quantities, the recursive method, and techniques for classifying and creating distributions are also discussed. Both parametric and non-parametric estimation methods are thoroughly covered along with advice for choosing an appropriate model. Features of the Third Edition include: Extended discussion of risk management and risk measures, including Tail-Value-at-Risk (TVaR) New sections on extreme value distributions and their estimation Inclusion of homogeneous, nonhomogeneous, and mixed Poisson processes Expanded coverage of copula models and their estimation Additional treatment of methods for constructing confidence regions when there is more than one parameter The book continues to distinguish itself by providing over 400 exercises that have appeared on previous SOA and CAS examinations. Intriguing examples from the fields of insurance and business are discussed throughout, and all data sets are available on the book's FTP site, along with programs that assist with conducting loss model analysis. Loss Models, Third Edition is an essential resource for students and aspiring actuaries who are preparing to take the SOA and CAS preliminary examinations. It is also a must-have reference for professional actuaries, graduate students in the actuarial field, and anyone who works with loss and risk models in their everyday work. To explore our additional offerings in actuarial exam preparation visit www.wiley.com/go/actuarialexamprep.

Actuaries' Survival Guide

Actuaries' Survival Guide
Author :
Publisher : Academic Press
Total Pages : 297
Release :
ISBN-10 : 9780123869890
ISBN-13 : 0123869897
Rating : 4/5 (90 Downloads)

Synopsis Actuaries' Survival Guide by : Fred Szabo

What would you like to do with your life? What career would allow you to fulfill your dreams of success? If you like mathematics—and the prospect of a highly mobile, international profession—consider becoming an actuary. Szabo's Actuaries' Survival Guide, Second Edition explains what actuaries are, what they do, and where they do it. It describes exciting combinations of ideas, techniques, and skills involved in the day-to-day work of actuaries. This second edition has been updated to reflect the rise of social networking and the internet, the progress toward a global knowledge-based economy, and the global expansion of the actuarial field that has occurred since the first edition. - Includes details on the new structures of the Society of Actuaries' (SOA) and Casualty Actuarial Society (CAS) examinations, as well as sample questions and answers - Presents an overview of career options, includes profiles of companies & agencies that employ actuaries. - Provides a link between theory and practice and helps readers understand the blend of qualitative and quantitative skills and knowledge required to succeed in actuarial exams - Includes insights provided by over 50 actuaries and actuarial students about the actuarial profession - Author Fred Szabo has directed the Actuarial Co-op Program at Concordia for over fifteen years

Solutions Manual for Actuarial Mathematics for Life Contingent Risks

Solutions Manual for Actuarial Mathematics for Life Contingent Risks
Author :
Publisher : Cambridge University Press
Total Pages : 180
Release :
ISBN-10 : 9781107608443
ISBN-13 : 1107608449
Rating : 4/5 (43 Downloads)

Synopsis Solutions Manual for Actuarial Mathematics for Life Contingent Risks by : David C. M. Dickson

"This manual presents solutions to all exercises from Actuarial Mathematics for Life Contingent Risks (AMLCR) by David C.M. Dickson, Mary R. Hardy, Howard Waters; Cambridge University Press, 2009. ISBN 9780521118255"--Pref.

Regression Modeling with Actuarial and Financial Applications

Regression Modeling with Actuarial and Financial Applications
Author :
Publisher : Cambridge University Press
Total Pages : 585
Release :
ISBN-10 : 9780521760119
ISBN-13 : 0521760119
Rating : 4/5 (19 Downloads)

Synopsis Regression Modeling with Actuarial and Financial Applications by : Edward W. Frees

This book teaches multiple regression and time series and how to use these to analyze real data in risk management and finance.

Probability and Statistics with Applications: A Problem Solving Text

Probability and Statistics with Applications: A Problem Solving Text
Author :
Publisher : ACTEX Publications
Total Pages : 762
Release :
ISBN-10 : 9781625424723
ISBN-13 : 1625424728
Rating : 4/5 (23 Downloads)

Synopsis Probability and Statistics with Applications: A Problem Solving Text by : Leonard Asimow, Ph.D., ASA

This text is listed on the Course of Reading for SOA Exam P. Probability and Statistics with Applications is an introductory textbook designed to make the subject accessible to college freshmen and sophomores concurrent with Calc II and III, with a prerequisite of just one smester of calculus. It is organized specifically to meet the needs of students who are preparing for the Society of Actuaries qualifying Examination P and Casualty Actuarial Society's new Exam S. Sample actuarial exam problems are integrated throughout the text along with an abundance of illustrative examples and 870 exercises. The book provides the content to serve as the primary text for a standard two-semester advanced undergraduate course in mathematical probability and statistics. 2nd Edition Highlights Expansion of statistics portion to cover CAS ST and all of the statistics portion of CAS SAbundance of examples and sample exam problems for both Exams SOA P and CAS SCombines best attributes of a solid text and an actuarial exam study manual in one volumeWidely used by college freshmen and sophomores to pass SOA Exam P early in their college careersMay be used concurrently with calculus coursesNew or rewritten sections cover topics such as discrete and continuous mixture distributions, non-homogeneous Poisson processes, conjugate pairs in Bayesian estimation, statistical sufficiency, non-parametric statistics, and other topics also relevant to SOA Exam C.