Solutions Manual to Accompany Loss Models: From Data to Decisions
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More About This Title Solutions Manual to Accompany Loss Models: From Data to Decisions

English

Much of actuarial science consists of constructing and analyzing mathematical models that describe how fluids flow into and out of an insurance system. This book examines contemporary topics such as risk theory and economics, credibility and stochastic processes with a focus on the loss process, or the outflow of cash due to the payment of benefits.

English

Introduction—A Model-Based Approach to Actuarial Science.

Loss Distributions—Models for the Amount of a Single Payment.

Frequency Distributions—Models for the Number of Payments.

Aggregate Loss Models.

Credibility Theory.

Long-Term Models.

Appendices.

References.

Index.

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