Download e-book for kindle: Fundamentals of Actuarial Mathematics by S. David Promislow

By S. David Promislow

This booklet presents a entire creation to actuarial arithmetic, masking either deterministic and stochastic types of lifestyles contingencies, in addition to extra complex issues resembling threat conception, credibility thought and multi-state versions.

This new version contains extra fabric on credibility thought, non-stop time multi-state versions, extra complicated varieties of contingent insurances, versatile contracts similar to common existence, the danger measures VaR and TVaR.

Key Features:

  • Covers a lot of the syllabus fabric at the modeling examinations of the Society of Actuaries, Canadian Institute of Actuaries and the Casualty Actuarial Society. (SOA-CIA tests MLC and C, CSA assessments 3L and 4.)
  • Extensively revised and up to date with new material.
  • Orders the themes particularly to facilitate learning.
  • Provides a streamlined method of actuarial notation.
  • Employs sleek computational methods.
  • Contains numerous workouts, either computational and theoretical, including solutions, permitting use for self-study.

An excellent textual content for college students making plans for a certified occupation as actuaries, delivering a great training for the modeling examinations of the foremost North American actuarial institutions. additionally, this booklet is extremely compatible reference for these in need of a valid advent to the topic, and for these operating in assurance, annuities and pensions.

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Fundamentals of Actuarial Mathematics by S. David Promislow

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