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Loss Models - From Data to Decisions, Fifth Edition Book + Solutions Manual Set (Hardcover) Loot Price: R2,416
Discovery Miles 24 160
You Save: R306 (11%)
Loss Models - From Data to Decisions, Fifth Edition Book + Solutions Manual Set (Hardcover): Stuart A. Klugman

Loss Models - From Data to Decisions, Fifth Edition Book + Solutions Manual Set (Hardcover)

Stuart A. Klugman

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List price R2,722 Loot Price R2,416 Discovery Miles 24 160 | Repayment Terms: R224 pm x 12* You Save R306 (11%)

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A modern practical guide to building and using actuarial models. Loss Models: From Data to Decisions is organized around the principle that actuaries build models in order to analyze risks and make decisions about managing the risks based on conclusions drawn from the analysis. In practice, one begins with data and ends with a business decision. The book flows logically from this principle. It begins with a framework for model building and a description of frequency and severity loss data typically available to actuaries. Parametric models are emphasized throughout. The frequency and severity models are used in building aggregate loss models, in credibility-based pricing models, and in loss analysis over multiple time periods. Designed as both an educational text as well as a professional reference, Loss Models: Assumes little prior knowledge of insurance systems Features many fascinating examples taken from insurance files Contains a major instructive case study continued through each chapter Covers the classical areas of risk theory and loss distributions Gives a practical but rigorous treatment of modern credibility theory Uses standard statistical concepts, methods, and notation Provides modern computational algorithms for implementing methods Includes free companion software available from an FTP site Deals with many topics on CAS 4B and SOA 151 and 152 actuarial exams Includes many exercises based on past CAS and SOA exams.

General

Imprint: Wiley-Blackwell
Country of origin: United States
Release date: April 2019
Authors: Stuart A. Klugman
Dimensions: 263 x 189 x 31mm (L x W x T)
Format: Hardcover
ISBN-13: 978-1-119-53808-0
Categories: Books > Business & Economics > Economics
Books > Business & Economics > Finance & accounting
Books > Business & Economics > Economics > Econometrics
Books > Business & Economics > Finance & accounting > Finance
Books > Business & Economics > Economics > Econometrics > Economic statistics
Books > Business & Economics > Finance & accounting > Finance > Insurance
Books > Business & Economics > Finance & accounting > Finance > Insurance > General
Books > Money & Finance > Insurance
Books > Money & Finance > Insurance > General
Books > Business & Economics > Promotions
LSN: 1-119-53808-4
Barcode: 9781119538080

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