TY  - BOOK
AU  - Dickson,D.C.M.
AU  - Hardy,Mary
AU  - Waters,H.R.
TI  - Actuarial mathematics for life contingent risks
T2  - International series on actuarial science
SN  - 1107044073
AV  - HG8781 .D528 2013
U1  - 368.01 23
PY  - 2013///]
CY  - New York
PB  - Cambridge University Press
KW  - Insurance
KW  - Mathematics
KW  - Risk (Insurance)
N1  - Includes bibliographical references and index; Preface to the second edition page -- Introduction to life insurance -- Survival models -- Life tables and selection -- Insurance benefits -- Annuities -- Premium calculation -- Policy values -- Multiple state models -- Joint life and last survivor benefits -- Pension mathematics -- Yield curves and non-diversiable risk -- Emerging costs for traditional life insurance -- Participating and universal life insurance -- Emerging costs for equity-linked insurance -- Option pricing -- Embedded options -- Appendix A. Probability theory -- Appendix B. Numerical techniques -- Appendix C. Simulation -- Appendix D. Tables -- References
N2  - "Actuarial Mathematics for Life Contingent Risks, 2nd edition, is the sole required text for the Society of Actuaries Exam MLC Fall 2015 and Spring 2016... Three leaders in actuarial science balance rigor with intuition and emphasize practical applications using computational techniques to provide a modern perspective on life contingencies and equip students for the products and risk structures of the future. The authors then develop a more contemporary outlook, introducing multiple state models, emerging cash flows and embedded options. The 210 exercises provide meaningful practice with both long-answer and multiple choice questions."--Publisher's description."
ER  -