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Risk Theory and Reinsurance (EAA - Paperback, by Deelstra Griselda - Very Good
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eBay-Artikelnr.:405862929619
Artikelmerkmale
- Artikelzustand
- Book Title
- Risk Theory and Reinsurance (EAA Series)
- ISBN
- 144715567X
Über dieses Produkt
Product Identifiers
Publisher
Springer London, The Limited
ISBN-10
144715567X
ISBN-13
9781447155676
eBay Product ID (ePID)
6038380844
Product Key Features
Number of Pages
VIII, 78 Pages
Publication Name
Risk Theory and Reinsurance
Language
English
Subject
Insurance / Risk Assessment & Management, Applied, Insurance / General, Business Mathematics
Publication Year
2013
Type
Textbook
Subject Area
Mathematics, Business & Economics
Series
Eaa Ser.
Format
Trade Paperback
Dimensions
Item Height
0.1 in
Item Weight
52 Oz
Item Length
9.3 in
Item Width
6.1 in
Additional Product Features
Intended Audience
Scholarly & Professional
LCCN
2013-955490
Dewey Edition
23
Reviews
"The book was written by two well-known actuarial scientists and economists. They give a very interesting mix of introductory notes to risk theory and optimal reinsurance, which were typically treated separately in existing books. ... This research monograph would be a great introductory book for graduate students and beginning researchers who want to get a glimpse of research works in these two fields ... ." (Runhuan Feng, zbMATH 1309.91002, 2015)
Number of Volumes
1 vol.
Illustrated
Yes
Dewey Decimal
368
Synopsis
This concise, yet trusty introduction to risk theory and its application in reinsurance shows how the formalism of the former fits into the institutional framework of the latter, and includes detailed guidance on calculation principles and mathematical tools., Reinsurance is an important production factor of non-life insurance. The efficiency and the capacity of the reinsurance market directly regulate those of insurance markets. The purpose of this book is to provide a concise introduction to risk theory, as well as to its main application procedures to reinsurance. The first part of the book covers risk theory. It presents the most prevalent model of ruin theory, as well as a discussion on insurance premium calculation principles and the mathematical tools that enable portfolios to be ordered according to their risk levels. The second part describes the institutional context of reinsurance. It first strives to clarify the legal nature of reinsurance transactions. It describes the structure of the reinsurance market and then the different legal and technical features of reinsurance contracts, known as reinsurance 'treaties' by practitioners. The third part creates a link between the theories presented in the first part and the practice described in the second one. Indeed, it sets out, mostly through examples, some methods for pricing and optimizing reinsurance. The authors aim is to apply the formalism presented in the first part to the institutional framework given in the second part. It is reassuring to find such a relationship between approaches seemingly abstract and solutions adopted by practitioners. Risk Theory and Reinsurance is mainly aimed at master's students in actuarial science but will also be useful for practitioners wishing to revive their knowledge of risk theory or to quickly learn about the main mechanisms of reinsurance.
LC Classification Number
HG8779-8793
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