Life Insurance Mathematics
Hans U. Gerber · 2013
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This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, is written for the reader who likes applied mathematics. In addition to the model of life contingencies, the theory of compound interest is explained and it is shown how mortality and other rates can be estimated from observations. The probabilistic model is used consistently (and the traditional deterministic model avoided). Emphasis is put on the general ideas, which are illustrated by means of examples and interpretations. Recursive formulae and reasoning are discussed in detail.
Book details
- Year
- 2013
- Language
- English
- Publisher
- Springer London, Limited
- Editions
- 5
- Pages
- 134
- ISBN
- 9783662026557
Data source: Wikidata
