In the years since the publication of the best-selling first edition, the incorporation of ideas and theories from the rapidly growing field of financial econom

Modern Actuarial Risk Theory contains what every actuary needs to know about non-life insurance mathematics. It starts with the standard material like utility t

Understand Up-to-Date Statistical Techniques for Financial and Actuarial ApplicationsSince the first edition was published, statistical techniques, such as reli

1. Introduction -- 2. Valuation of financial transactions -- 3. Demography -- 4. Actuarial practice -- 5. Valuation of contingent payments.

Statistical and Probabilistic Methods in Actuarial Science covers many of the diverse methods in applied probability and statistics for students aspiring to car