Claims Reserving In General Insurance

Claims Reserving in General Insurance PDF
Author: David Hindley
Publisher: Cambridge University Press
ISBN: 1107076935
Size: 75.21 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 500
View: 1653
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Claims Reserving In General Insurance

by David Hindley, Claims Reserving In General Insurance Books available in PDF, EPUB, Mobi Format. Download Claims Reserving In General Insurance books, This is a comprehensive and accessible reference source that documents the theoretical and practical aspects of all the key deterministic and stochastic reserving methods that have been developed for use in general insurance. Worked examples and mathematical details are included, along with many of the broader topics associated with reserving in practice. The key features of reserving in a range of different contexts in the UK and elsewhere are also covered. The book contains material that will appeal to anyone with an interest in claims reserving. It can be used as a learning resource for actuarial students who are studying the relevant parts of their professional bodies' examinations, as well as by others who are new to the subject. More experienced insurance and other professionals can use the book to refresh or expand their knowledge in any of the wide range of reserving topics covered in the book.




Bayesian Claims Reserving Methods In Non Life Insurance With Stan

Bayesian Claims Reserving Methods in Non life Insurance with Stan PDF
Author: Guangyuan Gao
Publisher: Springer
ISBN: 9811336091
Size: 55.94 MB
Format: PDF, Docs
Category : Mathematics
Languages : en
Pages : 205
View: 3066
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Bayesian Claims Reserving Methods In Non Life Insurance With Stan

by Guangyuan Gao, Bayesian Claims Reserving Methods In Non Life Insurance With Stan Books available in PDF, EPUB, Mobi Format. Download Bayesian Claims Reserving Methods In Non Life Insurance With Stan books, This book first provides a review of various aspects of Bayesian statistics. It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models. For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes.




Stochastic Claims Reserving Methods In Insurance

Stochastic Claims Reserving Methods in Insurance PDF
Author: Mario V. Wüthrich
Publisher: John Wiley & Sons
ISBN: 0470772727
Size: 46.34 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 438
View: 6266
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Stochastic Claims Reserving Methods In Insurance

by Mario V. Wüthrich, Stochastic Claims Reserving Methods In Insurance Books available in PDF, EPUB, Mobi Format. Download Stochastic Claims Reserving Methods In Insurance books, Claims reserving is central to the insurance industry. Insurance liabilities depend on a number of different risk factors which need to be predicted accurately. This prediction of risk factors and outstanding loss liabilities is the core for pricing insurance products, determining the profitability of an insurance company and for considering the financial strength (solvency) of the company. Following several high-profile company insolvencies, regulatory requirements have moved towards a risk-adjusted basis which has lead to the Solvency II developments. The key focus in the new regime is that financial companies need to analyze adverse developments in their portfolios. Reserving actuaries now have to not only estimate reserves for the outstanding loss liabilities but also to quantify possible shortfalls in these reserves that may lead to potential losses. Such an analysis requires stochastic modeling of loss liability cash flows and it can only be done within a stochastic framework. Therefore stochastic loss liability modeling and quantifying prediction uncertainties has become standard under the new legal framework for the financial industry. This book covers all the mathematical theory and practical guidance needed in order to adhere to these stochastic techniques. Starting with the basic mathematical methods, working right through to the latest developments relevant for practical applications; readers will find out how to estimate total claims reserves while at the same time predicting errors and uncertainty are quantified. Accompanying datasets demonstrate all the techniques, which are easily implemented in a spreadsheet. A practical and essential guide, this book is a must-read in the light of the new solvency requirements for the whole insurance industry.




Predictive Modeling Applications In Actuarial Science

Predictive Modeling Applications in Actuarial Science PDF
Author: Edward W. Frees
Publisher: Cambridge University Press
ISBN: 1107029872
Size: 66.79 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 563
View: 4731
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Predictive Modeling Applications In Actuarial Science

by Edward W. Frees, Predictive Modeling Applications In Actuarial Science Books available in PDF, EPUB, Mobi Format. Download Predictive Modeling Applications In Actuarial Science books, This book is for actuaries and financial analysts developing their expertise in statistics and who wish to become familiar with concrete examples of predictive modeling.




Mathematical And Statistical Methods For Actuarial Sciences And Finance

Mathematical and Statistical Methods for Actuarial Sciences and Finance PDF
Author: Marco Corazza
Publisher: Springer
ISBN: 331902499X
Size: 65.30 MB
Format: PDF, Mobi
Category : Mathematics
Languages : en
Pages : 313
View: 5920
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Mathematical And Statistical Methods For Actuarial Sciences And Finance

by Marco Corazza, Mathematical And Statistical Methods For Actuarial Sciences And Finance Books available in PDF, EPUB, Mobi Format. Download Mathematical And Statistical Methods For Actuarial Sciences And Finance books, The interaction between mathematicians and statisticians has been shown to be an effective approach for dealing with actuarial, insurance and financial problems, both from an academic perspective and from an operative one. The collection of original papers presented in this volume pursues precisely this purpose. It covers a wide variety of subjects in actuarial, insurance and finance fields, all treated in the light of the successful cooperation between the above two quantitative approaches. The papers published in this volume present theoretical and methodological contributions and their applications to real contexts. With respect to the theoretical and methodological contributions, some of the considered areas of investigation are: actuarial models; alternative testing approaches; behavioral finance; clustering techniques; coherent and non-coherent risk measures; credit scoring approaches; data envelopment analysis; dynamic stochastic programming; financial contagion models; financial ratios; intelligent financial trading systems; mixture normality approaches; Monte Carlo-based methods; multicriteria methods; nonlinear parameter estimation techniques; nonlinear threshold models; particle swarm optimization; performance measures; portfolio optimization; pricing methods for structured and non-structured derivatives; risk management; skewed distribution analysis; solvency analysis; stochastic actuarial valuation methods; variable selection models; time series analysis tools. As regards the applications, they are related to real problems associated, among the others, to: banks; collateralized fund obligations; credit portfolios; defined benefit pension plans; double-indexed pension annuities; efficient-market hypothesis; exchange markets; financial time series; firms; hedge funds; non-life insurance companies; returns distributions; socially responsible mutual funds; unit-linked contracts. This book is aimed at academics, Ph.D. students, practitioners, professionals and researchers. But it will also be of interest to readers with some quantitative background knowledge.




Encyclopedia Of Actuarial Science

Encyclopedia of Actuarial Science PDF
Author: Jozef L. Teugels
Publisher: John Wiley & Sons Incorporated
ISBN:
Size: 44.84 MB
Format: PDF
Category : Mathematics
Languages : en
Pages : 1842
View: 2427
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Encyclopedia Of Actuarial Science

by Jozef L. Teugels, Encyclopedia Of Actuarial Science Books available in PDF, EPUB, Mobi Format. Download Encyclopedia Of Actuarial Science books, The Encyclopedia of Actuarial Science presents a timely and comprehensive body of knowledge designed to serve as an essential reference for the actuarial profession and all related business and financial activities, as well as researchers and students in actuarial science and related areas. Drawing on the experience of leading international editors and authors from industry and academic research the encyclopedia provides an authoritative exposition of both quantitative methods and practical aspects of actuarial science and insurance. The cross-disciplinary nature of the work is reflected not only in its coverage of key concepts from business, economics, risk, probability theory and statistics but also by the inclusion of supporting topics such as demography, genetics, operations research and informatics.




Members Handbook

Members  Handbook PDF
Author: Faculty of Actuaries in Scotland
Publisher:
ISBN:
Size: 40.42 MB
Format: PDF, ePub, Docs
Category : Actuaries
Languages : en
Pages :
View: 3092
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Members Handbook

by Faculty of Actuaries in Scotland, Members Handbook Books available in PDF, EPUB, Mobi Format. Download Members Handbook books,




Astin Bulletin

ASTIN Bulletin PDF
Author:
Publisher:
ISBN:
Size: 59.64 MB
Format: PDF, Docs
Category : Insurance
Languages : en
Pages :
View: 2414
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Astin Bulletin

by , Astin Bulletin Books available in PDF, EPUB, Mobi Format. Download Astin Bulletin books,