Fundamentals of Actuarial Mathematics
| Author | : S. David Promislow |
| Publisher | : John Wiley & Sons |
| Total Pages | : 552 |
| Release | : 2015-01-20 |
| ISBN-10 | : 9781118782460 |
| ISBN-13 | : 1118782461 |
| Rating | : 4/5 (461 Downloads) |
Download or read book Fundamentals of Actuarial Mathematics written by S. David Promislow and published by John Wiley & Sons. This book was released on 2015-01-20 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive coverage of both the deterministic and stochastic models of life contingencies, risk theory, credibility theory, multi-state models, and an introduction to modern mathematical finance. New edition restructures the material to fit into modern computational methods and provides several spreadsheet examples throughout. Covers the syllabus for the Institute of Actuaries subject CT5, Contingencies Includes new chapters covering stochastic investments returns, universal life insurance. Elements of option pricing and the Black-Scholes formula will be introduced.
