Market-Consistent Actuarial Valuation
- المؤلف
- Mario Valentin Wüthrich, Hans Bühlmann, Hansjörg Furrer
- سنة النشر
- 2008
- الناشر
- Springer
- لغة الملف
- انكليزي
- نوع الملف
- Book
- تصنيف الكتاب
- Mathematics and Statistics
- تحميل الكتاب قراءة الكتاب
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 yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in the same way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are Stochastic discounting, Valuation portfolio in life and non-life insurance, Asset and liability management, Financial risks, Insurance technical risks, and Solvency.
الكلمات المفتاحية: Mathematics and Statistics / Life-Insurance / Market-Consistent Actuarial Valuation / Non Life-Insurance / Risk theory / Valuation / Quantitative finance
