Market-Valuation Methods in Life and Pension Insurance (International Series on Actuarial Science) pdf epub mobi txt 电子书下载 2024

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Thomas Møller

Cambridge University Press

2007-02-05

294

USD 104.00

Hardcover

9780521868778

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发表于2024-11-24

Market-Valuation Methods in Life and Pension Insurance (International Series on Actuarial Science) epub 下载 mobi 下载 pdf 下载 txt 电子书下载 2024

Market-Valuation Methods in Life and Pension Insurance (International Series on Actuarial Science) pdf epub mobi txt 电子书下载 2024

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In classical life insurance mathematics the obligations of the insurance company towards the policy holders were calculated on artificial conservative assumptions on mortality and interest rates. However, this approach is being superseded by developments in international accounting and solvency standards coupled with other advances enabling a market-based valuation of risk, i.e., its price if traded in a free market. The book describes these new approaches, and is the first to explain them in conjunction with more traditional methods. The various chapters address specific aspects of market-based valuation. The exposition integrates methods and results from financial and insurance mathematics, and is based on the entries in a life insurance company's market accounting scheme. The book will be of great interest and use to students and practitioners who need an introduction to this area, and who seek a practical yet sound guide to life insurance accounting and product development.

Market-Valuation Methods in Life and Pension Insurance (International Series on Actuarial Science) 下载 mobi epub pdf txt 电子书