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![]( "Buchcover ISBN 9780470391334")
„This book provides in depth coverage of modelling techniques usedthroughout many branches of actuarial science. Theexceptional high standard of this book has made it a pleasure toread and review.“ (Annals of Actuarial Science, 2008)
„This book will be necessary for all academic programs inactuarial science. It will also serve as an important reference forpracticing actuaries.“ (Mathematical Assoc. ofAmerica, June 2009)
An update of one of the most trusted books on constructing andanalyzing actuarial models
Written by three renowned authorities in the actuarial field, Loss Models, Third Edition upholds the reputation forexcellence that has made this book required reading for the Societyof Actuaries (SOA) and Casualty Actuarial Society (CAS)qualification examinations. This update serves as a completepresentation of statistical methods for measuring risk and buildingmodels to measure loss in real-world events.
This book maintains an approach to modeling and forecasting thatutilizes tools related to risk theory, loss distributions, andsurvival models. Random variables, basic distributional quantities, the recursive method, and techniques for classifying and creatingdistributions are also discussed. Both parametric andnon-parametric estimation methods are thoroughly covered along withadvice for choosing an appropriate model. Features of the ThirdEdition include:
The book continues to distinguish itself by providing over 400exercises that have appeared on previous SOA and CAS examinations. Intriguing examples from the fields of insurance and business arediscussed throughout, and all data sets are available on the book'sFTP site, along with programs that assist with conducting lossmodel analysis.
Loss Models, Third Edition is an essential resource for studentsand aspiring actuaries who are preparing to take the SOA and CASpreliminary examinations. It is also a must-have reference forprofessional actuaries, graduate students in the actuarial field, and anyone who works with loss and risk models in their everydaywork.
To explore our additional offerings in actuarial exampreparation visit www. wiley. com/go/actuarialexamprep.
Written by three renowned authorities in the actuarial field, Loss Models, Third Edition upholds the reputation forexcellence that has made this book required reading for the Societyof Actuaries (SOA) and Casualty Actuarial Society (CAS)qualification examinations. This update serves as a completepresentation of statistical methods for measuring risk and buildingmodels to measure loss in real-world events.
This book maintains an approach to modeling and forecasting thatutilizes tools related to risk theory, loss distributions, andsurvival models. Random variables, basic distributional quantities, the recursive method, and techniques for classifying and creatingdistributions are also discussed. Both parametric andnon-parametric estimation methods are thoroughly covered along withadvice for choosing an appropriate model. Features of the ThirdEdition include:
The book continues to distinguish itself by providing over 400exercises that have appeared on previous SOA and CAS examinations. Intriguing examples from the fields of insurance and business arediscussed throughout, and all data sets are available on the book'sFTP site, along with programs that assist with conducting lossmodel analysis.
Loss Models, Third Edition is an essential resource for studentsand aspiring actuaries who are preparing to take the SOA and CASpreliminary examinations. It is also a must-have reference forprofessional actuaries, graduate students in the actuarial field, and anyone who works with loss and risk models in their everydaywork.
To explore our additional offerings in actuarial exampreparation visit www. wiley. com/go/actuarialexamprep.