Skip to content
Register Sign in Wishlist

Risk Modelling in General Insurance
From Principles to Practice

£44.99

Part of International Series on Actuarial Science

  • Date Published: June 2012
  • availability: In stock
  • format: Hardback
  • isbn: 9780521863940

£ 44.99
Hardback

Add to cart Add to wishlist

Other available formats:
eBook


Looking for an inspection copy?

This title is not currently available on inspection

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • Knowledge of risk models and the assessment of risk is a fundamental part of the training of actuaries and all who are involved in financial, pensions and insurance mathematics. This book provides students and others with a firm foundation in a wide range of statistical and probabilistic methods for the modelling of risk, including short-term risk modelling, model-based pricing, risk-sharing, ruin theory and credibility. It covers much of the international syllabuses for professional actuarial examinations in risk models, but goes into further depth, with worked examples, exercises and detailed case studies. The authors also use the statistical package R to demonstrate how simple code and functions can be used profitably in an actuarial context. The authors' engaging and pragmatic approach, balancing rigour and intuition and developed over many years of teaching the subject, makes this book ideal for self-study or for students taking courses in risk modelling.

    • Includes necessary background material for undergraduate students
    • Provides help with the statistical package R, not yet commonly used in actuarial science books
    • Both authors have served as Examiners for the UK Actuarial Profession
    Read more

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: June 2012
    • format: Hardback
    • isbn: 9780521863940
    • length: 410 pages
    • dimensions: 235 x 159 x 28 mm
    • weight: 0.77kg
    • contains: 45 b/w illus. 30 tables 140 exercises
    • availability: In stock
  • Table of Contents

    Preface
    1. Introduction
    2. Models for claim numbers and claim sizes
    3. Short term risk models
    4. Model based pricing – setting premiums
    5. Risk sharing – reinsurance and deductibles
    6. Ruin theory for the classical risk model
    7. Case studies
    8. Appendix: utility theory
    Answers to exercises
    Index.

  • Authors

    Roger J. Gray, Heriot-Watt University, Edinburgh
    Roger J. Gray was a Senior Lecturer in the School of Mathematical and Computer Sciences at Heriot-Watt University, Edinburgh until his death in 2011.

    Susan M. Pitts, University of Cambridge
    Susan M. Pitts is a Senior Lecturer in the Statistical Laboratory at the University of Cambridge.

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×