It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different

Presents powerful methods to measure liabilities and assets in the same way. The mathematical framework that leads to market-consistent values for insurance lia

This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with d

Risk management for financial institutions is one of the key topics the financial industry has to deal with. The present volume is a mathematically rigorous tex

Achieving market consistency can be challenging, even for the most established finance practitioners. In Market Consistency: Model Calibration in Imperfect Mark