Fundamentals of Actuarial Mathematics

• Main Author: Promislow, S. David (Author)
• Format: Book
• Language: English
• Published: West Sussex John Wiley 2015
• Edition: Print Book, English, 2015
• Subjects: Insurance > Mathematics; Business mathematics; Mathematics Probability & Statistics General
• Online Access: Click Here to View Status and Holdings.
• Physical Description: xxi, 527 pages illustrations 26 cm
• Bibliography: Includes bibliographical references and index
• ISBN: 9781118782460

Provides a comprehensive coverage of both the deterministic and stochastic models of life contingencies, risk theory, credibility theory, multi-state models, and an introduction to modern mathematical nance. * New edition restructures the material to t into modern computational methods and provides several spreadsheet examples throughout. * Covers the syllabus for the Institute of Actuaries subject CT5, Contingencies * Includes new chapters covering stochastic investments returns, universal life insurance. Elements of option pricing and the Black-Scholes formula will be introduced.