Introduction to Insurance Mathematics
Technical and Financial Features of Risk Transfers
1st Edition
Published on 12. January 2011
XV, 475 pages
978-3-642-16029-5 (ISBN)
Description
The book aims at presenting technical and financial features of life insurance, non-life insurance, pension plans. The book has been planned assuming non-actuarial readers as its "natural" target, namely
- advanced undergraduate and graduate students in Economics, Business and Finance;
- professionals and technicians operating in Insurance and pension areas, whose job may regard investments, risk analysis, financial reporting, etc, and hence implies a communication with actuarial professionals and managers.
Given the assumed target, the book focuses on technical and financial aspects of insurance, however avoiding the use of complex mathematical tools. In this sense, the book can be placed at some "midpoint" of the existing literature, part of which adopts more formal approaches to insurance problems implying the use of non-elementary mathematics, whereas another part addresses practical questions totally avoiding even simple mathematical tools (which, in our opinion, can conversely provide effective tools for presenting technical and financial features of the insurance business).
Reviews / Votes
From the reviews:
"This book provides a basic introduction, at an undergraduate or professional level, to the technical and financial aspects of insurance mathematics, with an emphasis to life insurance. . Every chapter is enriched by a selection of references for further reading. The book avoids complex mathematical tools, and it is best used as a textbook in an advanced undergraduate course in life insurance, with an extra glance at non-life and social insurance, or as a introductory manual for professionals." (Giovanni Puccetti, Zentralblatt MATH, Vol. 1211, 2011)More details
Series
Language
English
Place of publication
Berlin
Germany
Publishing group
Springer Berlin
Target group
Primary & secondary/elementary & high school
Illustrations
XV, 475 p. 180 illus.
File size
4,76 MB
ISBN-13
978-3-642-16029-5 (9783642160295)
DOI
10.1007/978-3-642-16029-5
Schweitzer Classification
Other editions
Additional editions
Annamaria Olivieri | Ermanno Pitacco
Introduction to Insurance Mathematics
Technical and Financial Features of Risk Transfers
Book
01/2011
Springer
€64.15
Article exhausted; check for reprint
Persons
Professor Ermanno Pitacco, Full professor at the University of Trieste Professor Annamaria Olivieri, Full professor at the University of Parma
Content
Risks and insurance.- Managing a portfolio of risks.- Life insurance: modelling the lifetime.- Life insurance: pricing.- Life insurance: reserving.- Reserves and profits in a life insurance portfolio.- Finance in life insurance: linking benefits to the investment performance.- Pension plans: technical and financial perspectives.- Non-life insurance: pricing and reserving.
