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Actuaries must pass exams, but more than that: they must put knowledge into practice. This coherent book gives complete syllabus coverage for Exam C of the Society of Actuaries (SOA) while emphasizing the concepts and practical application of nonlife actuarial models. Ideal for those approaching their professional exams, it is also a class-tested textbook for undergraduate university courses in actuarial science. All the topics that students need to prepare for Exam C are here, including modeling of losses, risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. The book also covers more recent topics, such as risk measures and bootstrapping. Readers are assumed to have studied statistical inference and probability at the introductory undergraduate level. Numerous examples and exercises are provided, with many exercises adapted from past Exam C questions. Computational notes on the use of Excel are included. Teaching slides are available for download.
Actuarial science --- 368.00 --- 51 --- 657.02 --- AA / International- internationaal --- Statistics --- Insurance --- Theorieën over verzekeringen. Actuariële wetenschappen --- Wiskunde --- Handelsrekenen. Financiële algebra. Actuariële wiskunde. Aflossingstabellen --- Mathematics --- Seguros --- Matemáticas actuariales --- Computer simulation. --- Mathematical Sciences --- Probability
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Private finance --- Finance, Personal --- Investments --- Business mathematics. --- Consumers --- Mathematics. --- Decision making --- AA / International- internationaal --- 339.40 --- 339.325.1 --- 475 --- 333.100 --- 657.02 --- 305.5 --- Vermogenbeheer. financiële analyse (algemeenheden). --- Evolutie van de consumptie. Budget van de huishoudens. --- Onderwijs van de politieke, economische en sociale wetenschappen. --- Algemeenheden. Theorie en principes van de bankorganisatie en -techniek. --- Handelsrekenen. Financiële algebra. Actuariële wiskunde. Aflossingstabellen. --- Econometrie van de variaties van de vraag. Verbruiksfunctie. Econometrie van het gedrag van de verbruiker. --- Business mathematics --- Mathematics of investment --- Financial management, Personal --- Financial planning, Personal --- Personal finance --- Personal financial management --- Personal financial planning --- Finance --- Financial literacy --- Arithmetic, Commercial --- Business --- Business arithmetic --- Business math --- Commercial arithmetic --- Mathematics --- Customers (Consumers) --- Shoppers --- Persons --- Decision making&delete& --- Econometrie van de variaties van de vraag. Verbruiksfunctie. Econometrie van het gedrag van de verbruiker --- Algemeenheden. Theorie en principes van de bankorganisatie en -techniek --- Evolutie van de consumptie. Budget van de huishoudens --- Vermogenbeheer. financiële analyse (algemeenheden) --- Onderwijs van de politieke, economische en sociale wetenschappen --- Handelsrekenen. Financiële algebra. Actuariële wiskunde. Aflossingstabellen --- Planning --- Gestion de portefeuille
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