{"product_id":"pricing-in-general-insurance-9781466581449","title":"Pricing in General Insurance","description":"\u003cp\u003e • Author(s): Pietro Parodi\u003cbr\u003e • Publisher: CRC Press\u003cbr\u003e • Publisher Imprint: CRC Press\u003cbr\u003e • BISAC: Finance - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eBased on the syllabus of the actuarial industry course on general insurance pricing -- with additional material inspired by the author's own experience as a practitioner and lecturer -- \u003cb\u003ePricing in General Insurance\u003c\/b\u003e presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate. The main strength of this approach is that it imposes a reasonably linear narrative on the material and allows the reader to see pricing as a story and go back to the big picture at any time, putting things into context.\u003c\/p\u003e\u003cp\u003eWritten with both the student and the practicing actuary in mind, this pragmatic textbook and professional reference: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eComplements the standard pricing methods with a description of techniques devised for pricing specific products (e.g., non-proportional reinsurance and property insurance)\u003c\/li\u003e \u003cli\u003eDiscusses methods applied in personal lines when there is a large amount of data and policyholders can be charged depending on many rating factors\u003c\/li\u003e \u003cli\u003eAddresses related topics such as how to measure uncertainty, incorporate external information, model dependency, and optimize the insurance structure\u003c\/li\u003e \u003cli\u003eProvides case studies, worked-out examples, exercises inspired by past exam questions, and step-by-step methods for dealing concretely with specific situations\u003c\/li\u003e \u003c\/ul\u003e\u003cp\u003e\u003cb\u003ePricing in General Insurance\u003c\/b\u003e delivers a practical introduction to all aspects of general insurance pricing, covering data preparation, frequency analysis, severity analysis, Monte Carlo simulation for the calculation of aggregate losses, burning cost analysis, and more.\u003c\/p\u003e","brand":"CRC Press","offers":[{"title":"Hardcover","offer_id":47574739124375,"sku":"9781466581449","price":14630.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781466581449.webp?v=1774896226","url":"https:\/\/atlanticbooks.com\/products\/pricing-in-general-insurance-9781466581449","provider":"Atlantic Books","version":"1.0","type":"link"}