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Risk Modelling in General Insurance by Roger J. Gray, Susan M. Pitts

Risk Modelling in General Insurance

by Roger J. Gray , Susan M. Pitts
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Book cover type: Hardcover
  • ISBN13: 9780521863940
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 410
  • Original Price: GBP 55.0
  • Language: English
  • Edition: N/A
  • Item Weight: 749 grams
  • BISAC Subject(s): Insurance / General

Knowledge of risk models and the assessment of risk is a fundamental part of the training of actuaries and all who are involved in financial, pensions and insurance mathematics. This book provides students and others with a firm foundation in a wide range of statistical and probabilistic methods for the modelling of risk, including short-term risk modelling, model-based pricing, risk-sharing, ruin theory and credibility. It covers much of the international syllabuses for professional actuarial examinations in risk models, but goes into further depth, with worked examples, exercises and detailed case studies. The authors also use the statistical package R to demonstrate how simple code and functions can be used profitably in an actuarial context. The authors' engaging and pragmatic approach, balancing rigour and intuition and developed over many years of teaching the subject, makes this book ideal for self-study or for students taking courses in risk modelling.

Gray, Roger J.: - Roger J. Gray was a Senior Lecturer in the School of Mathematical and Computer Sciences at Heriot-Watt University, Edinburgh until his death in 2011.

Pitts, Susan M.: - Susan M. Pitts is a Senior Lecturer in the Statistical Laboratory at the University of Cambridge.

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