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Market-Consistent Actuarial Valuation
Mario V. Wuthrich
€ 60.08
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Description for Market-Consistent Actuarial Valuation
Paperback. This book introduces and explains the concept of Valuation Portfolio. It covers life and non-life insurance as well as financial risk. Series: EAA Series. Num Pages: 150 pages, 1 black & white illustrations, 9 colour illustrations, 1 colour tables, biography. BIC Classification: KFFN; PBT. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 8. Weight in Grams: 290.
This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with detailed mathematical frameworks that lead to market-consistent values for liabilities. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency. Including updates on recent developments and regulatory changes under Solvency II, this new edition of Market-Consistent Actuarial Valuation also elaborates on different risk measures, providing a revised definition of solvency based on industry practice, and presents an adapted valuation ... Read more
This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with detailed mathematical frameworks that lead to market-consistent values for liabilities. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency. Including updates on recent developments and regulatory changes under Solvency II, this new edition of Market-Consistent Actuarial Valuation also elaborates on different risk measures, providing a revised definition of solvency based on industry practice, and presents an adapted valuation ... Read more
Product Details
Format
Paperback
Publication date
2016
Publisher
Springer International Publishing AG
Condition
New
Series
EAA Series
Number of Pages
138
Place of Publication
Cham, Switzerland
ISBN
9783319466354
SKU
V9783319466354
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-3
About Mario V. Wuthrich
Mario V. Wuthrich is Professor at the Department of Mathematics at ETH Zurich, Honorary Visiting Professor at City University London, Honorary Professor at University College London and Professor of Swiss Finance Institute. He holds a PhD in Mathematics from ETH Zurich. From 2000 to 2005, he held an actuarial position at Winterthur Insurance and was responsible for claims reserving in ... Read more
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