Non-Life Insurance Pricing with Generalized Linear Models

Download Non-Life Insurance Pricing with Generalized Linear Models PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642107915
Total Pages : 181 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Non-Life Insurance Pricing with Generalized Linear Models by : Esbjörn Ohlsson

Download or read book Non-Life Insurance Pricing with Generalized Linear Models written by Esbjörn Ohlsson and published by Springer Science & Business Media. This book was released on 2010-03-18 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-life insurance pricing is the art of setting the price of an insurance policy, taking into consideration varoius properties of the insured object and the policy holder. Introduced by British actuaries generalized linear models (GLMs) have become today a the standard aproach for tariff analysis. The book focuses on methods based on GLMs that have been found useful in actuarial practice and provides a set of tools for a tariff analysis. Basic theory of GLMs in a tariff analysis setting is presented with useful extensions of standarde GLM theory that are not in common use. The book meets the European Core Syllabus for actuarial education and is written for actuarial students as well as practicing actuaries. To support reader real data of some complexity are provided at www.math.su.se/GLMbook.

Pricing in General Insurance

Download Pricing in General Insurance PDF Online Free

Author :
Publisher : CRC Press
ISBN 13 : 1466581441
Total Pages : 590 pages
Book Rating : 4.4/5 (665 download)

DOWNLOAD NOW!


Book Synopsis Pricing in General Insurance by : Pietro Parodi

Download or read book Pricing in General Insurance written by Pietro Parodi and published by CRC Press. This book was released on 2014-10-15 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based 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 — Pricing in General Insurance 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. Written with both the student and the practicing actuary in mind, this pragmatic textbook and professional reference: Complements the standard pricing methods with a description of techniques devised for pricing specific products (e.g., non-proportional reinsurance and property insurance) Discusses methods applied in personal lines when there is a large amount of data and policyholders can be charged depending on many rating factors Addresses related topics such as how to measure uncertainty, incorporate external information, model dependency, and optimize the insurance structure Provides case studies, worked-out examples, exercises inspired by past exam questions, and step-by-step methods for dealing concretely with specific situations Pricing in General Insurance 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.

Claims Reserving in General Insurance

Download Claims Reserving in General Insurance PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1107076935
Total Pages : 513 pages
Book Rating : 4.1/5 (7 download)

DOWNLOAD NOW!


Book Synopsis Claims Reserving in General Insurance by : David Hindley

Download or read book Claims Reserving in General Insurance written by David Hindley and published by Cambridge University Press. This book was released on 2017-10-26 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a single comprehensive reference source covering the key material on this subject, and describing both theoretical and practical aspects.

Coverage Matters

Download Coverage Matters PDF Online Free

Author :
Publisher : National Academies Press
ISBN 13 : 0309076099
Total Pages : 204 pages
Book Rating : 4.3/5 (9 download)

DOWNLOAD NOW!


Book Synopsis Coverage Matters by : Institute of Medicine

Download or read book Coverage Matters written by Institute of Medicine and published by National Academies Press. This book was released on 2001-10-27 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Roughly 40 million Americans have no health insurance, private or public, and the number has grown steadily over the past 25 years. Who are these children, women, and men, and why do they lack coverage for essential health care services? How does the system of insurance coverage in the U.S. operate, and where does it fail? The first of six Institute of Medicine reports that will examine in detail the consequences of having a large uninsured population, Coverage Matters: Insurance and Health Care, explores the myths and realities of who is uninsured, identifies social, economic, and policy factors that contribute to the situation, and describes the likelihood faced by members of various population groups of being uninsured. It serves as a guide to a broad range of issues related to the lack of insurance coverage in America and provides background data of use to policy makers and health services researchers.

The Mathematics of Insurance

Download The Mathematics of Insurance PDF Online Free

Author :
Publisher :
ISBN 13 : 9781887050661
Total Pages : 148 pages
Book Rating : 4.0/5 (56 download)

DOWNLOAD NOW!


Book Synopsis The Mathematics of Insurance by : Roland E. Larson

Download or read book The Mathematics of Insurance written by Roland E. Larson and published by . This book was released on 1997 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bayesian Claims Reserving Methods in Non-life Insurance with Stan

Download Bayesian Claims Reserving Methods in Non-life Insurance with Stan PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9811336091
Total Pages : 205 pages
Book Rating : 4.8/5 (113 download)

DOWNLOAD NOW!


Book Synopsis Bayesian Claims Reserving Methods in Non-life Insurance with Stan by : Guangyuan Gao

Download or read book Bayesian Claims Reserving Methods in Non-life Insurance with Stan written by Guangyuan Gao and published by Springer. This book was released on 2018-12-31 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book first provides a review of various aspects of Bayesian statistics. It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models. For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes.

Life Insurance Fact Book

Download Life Insurance Fact Book PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 398 pages
Book Rating : 4.3/5 (555 download)

DOWNLOAD NOW!


Book Synopsis Life Insurance Fact Book by :

Download or read book Life Insurance Fact Book written by and published by . This book was released on 1959 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Handbook of Insurance-Linked Securities

Download The Handbook of Insurance-Linked Securities PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470685085
Total Pages : 612 pages
Book Rating : 4.4/5 (76 download)

DOWNLOAD NOW!


Book Synopsis The Handbook of Insurance-Linked Securities by : Pauline Barrieu

Download or read book The Handbook of Insurance-Linked Securities written by Pauline Barrieu and published by John Wiley & Sons. This book was released on 2010-06-15 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Luca Albertini and Pauline Barrieu are to be congratulated on this volume. Written in a period where structured projects in finance are having a difficult time, it is worthwhile to return to the cradle of securitisation: insurance. Spread out over three parts (life, non- life, and tax and regulatory issues) the 26 chapters, written mainly by practitioners, give an excellent overview of this challenging field of modern insurance. Methodology and examples nicely go hand in hand. The overall slant being towards actual analyses of concrete products. No doubt this book will become a milestone going forward for actuarial students, researchers, regulators and practitioners alike." —Paul Embrechts, Professor of Mathematics and Director of RiskLab, ETH Zurich The convergence of insurance with the capital markets has opened up an alternative channel for insurers to transfer risk, raise capital and optimize their regulatory reserves as well as offering institutions a source of relatively liquid investment with limited correlation with other exposures. One of the financial instruments allowing for the cession of insurance-related risks to the capital markets is Insurance-Linked Securities (ILS). This book provides hands-on information essential for market participants, drawing on the insights and expertise of an impressive team of international market players, representing the various aspects and perspectives of this growing sector. The book presents the state of the art in Insurance-Linked Securitization, by exploring the various roles for the different parties involved in the transactions, the motivation for the transaction sponsors, the potential inherent pitfalls, the latest developments and transaction structures and the key challenges faced by the market. The book is organized into parts, each covering a specific topic or sector of the market. After a general overview of the ILS market, the Insurance-Linked Securitization process is studied in detail. A distinction is made between non-life and life securitization, due to the specificities of each sector. The process and all the actors involved are identified and considered in a comprehensive and systematic way. The concepts are first looked at in a general way, before the analysis of relevant case studies where the ILS technology is applied. Particular focus is given to: the key stages in both non-life and life securitizations, including the general features of the transactions, the cedant's perspectives, the legal issues, the rating methodologies, the choice of an appropriate trigger and the risk modeling, the particular challenges related to longevity securitization, the investor's perspective and the question of the management of a portfolio of ILS, the general issues related to insurance-linked securitization, such as accounting and tax issues, regulatory issues and solvency capital requirements. The book is accompanied by a website www.wiley.com/go/albertini_barrieu_ILS which will feature updates and additions to the various contributions to follow market developments.

Non-Life Insurance Mathematics

Download Non-Life Insurance Mathematics PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540882332
Total Pages : 435 pages
Book Rating : 4.5/5 (48 download)

DOWNLOAD NOW!


Book Synopsis Non-Life Insurance Mathematics by : Thomas Mikosch

Download or read book Non-Life Insurance Mathematics written by Thomas Mikosch and published by Springer Science & Business Media. This book was released on 2009-04-21 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Offers a mathematical introduction to non-life insurance and, at the same time, to a multitude of applied stochastic processes. It gives detailed discussions of the fundamental models for claim sizes, claim arrivals, the total claim amount, and their probabilistic properties....The reader gets to know how the underlying probabilistic structures allow one to determine premiums in a portfolio or in an individual policy." --Zentralblatt für Didaktik der Mathematik

Pricing Insurance Risk

Download Pricing Insurance Risk PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119755670
Total Pages : 564 pages
Book Rating : 4.1/5 (197 download)

DOWNLOAD NOW!


Book Synopsis Pricing Insurance Risk by : Stephen J. Mildenhall

Download or read book Pricing Insurance Risk written by Stephen J. Mildenhall and published by John Wiley & Sons. This book was released on 2022-06-15 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: PRICING INSURANCE RISK A comprehensive framework for measuring, valuing, and managing risk Pricing Insurance Risk: Theory and Practice delivers an accessible and authoritative account of how to determine the premium for a portfolio of non-hedgeable insurance risks and how to allocate it fairly to each portfolio component. The authors synthesize hundreds of academic research papers, bringing to light little-appreciated answers to fundamental questions about the relationships between insurance risk, capital, and premium. They lean on their industry experience throughout to connect the theory to real-world practice, such as assessing the performance of business units, evaluating risk transfer options, and optimizing portfolio mix. Readers will discover: Definitions, classifications, and specifications of risk An in-depth treatment of classical risk measures and premium calculation principles Properties of risk measures and their visualization A logical framework for spectral and coherent risk measures How risk measures for capital and pricing are distinct but interact Why the cost of capital, not capital itself, should be allocated The natural allocation method and how it unifies marginal and risk-adjusted probability approaches Applications to reserve risk, reinsurance, asset risk, franchise value, and portfolio optimization Perfect for actuaries working in the non-life or general insurance and reinsurance sectors, Pricing Insurance Risk: Theory and Practice is also an indispensable resource for banking and finance professionals, as well as risk management professionals seeking insight into measuring the value of their efforts to mitigate, transfer, or bear nonsystematic risk.

The Fundamentals of Insurance

Download The Fundamentals of Insurance PDF Online Free

Author :
Publisher : Notion Press
ISBN 13 : 1947949683
Total Pages : 219 pages
Book Rating : 4.9/5 (479 download)

DOWNLOAD NOW!


Book Synopsis The Fundamentals of Insurance by : Hargovind Dayal

Download or read book The Fundamentals of Insurance written by Hargovind Dayal and published by Notion Press. This book was released on 2017-11-02 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance is perhaps the most effective device for managing ‘risk,’ which is a pervasive phenomenon in our lives. We can sometimes avoid or reduce it but never entirely eliminate it. Whether you are a Graduate student who is studying insurance as a part of your curriculum, or an Executive managing your Organization’s Insurance and Risk Management Program this book will provide you with a strong conceptual foundation, comprehensive knowledge of non-life and life insurance products, and perspectives on how insurance functions as a part of the economy. Essentially, you will understand ‘why’ it is needed, ‘what’ solutions it provides, and ‘how’ different business processes and professionals work together to deliver the vital compensation to victims of disasters. Organized in 18 chapters that are comprehensive yet brief, it continuously relates facts to theories, concepts to processes, events to their context, and the rule-of-thumb to underlying basic principles. Thus, insurance will be demystified, and you will be empowered to decode ‘insurance speak.’

Financial and Insurance Formulas

Download Financial and Insurance Formulas PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 379082593X
Total Pages : 413 pages
Book Rating : 4.7/5 (98 download)

DOWNLOAD NOW!


Book Synopsis Financial and Insurance Formulas by : Tomas Cipra

Download or read book Financial and Insurance Formulas written by Tomas Cipra and published by Springer Science & Business Media. This book was released on 2010-07-16 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial and insurance calculations become more and more frequent and helpful for many users not only in their profession life but sometimes even in their personal life. Therefore a survey of formulas of ?nancial and insurance mathematics that can be applied to such calculations seems to be a suitable aid. In some cases one should use instead of the term formula more suitable terms of the type method, p- cedure or algorithm since the corresponding calculations cannot be simply summed up to a single expression, and a verbal description without introducing complicated symbols is more appropriate. The survey has the following ambitions: • The formulas should be applicable in practice: it has motivated their choice for this survey ?rst and foremost. On the other hand it is obvious that by time one puts to use in practice seemingly very abstract formulas of higher mathematics, e.g. when pricing ?nancial derivatives, evaluating ?nancial risks, applying accou- ing principles based on fair values, choosing alternative risk transfers ARL in insurance, and the like. • The formulas should be error-free (though such a goal is not achievable in full) since in the ?nancial and insurance framework one publishes sometimes in a h- tic way various untried formulas and methods that may be incorrect. Of course, the formulas are introduced here without proofs because their derivation is not the task of this survey.

The Banking Industry Guide: Key Insights for Investment Professionals

Download The Banking Industry Guide: Key Insights for Investment Professionals PDF Online Free

Author :
Publisher : CFA Institute
ISBN 13 : 1942713428
Total Pages : 60 pages
Book Rating : 4.9/5 (427 download)

DOWNLOAD NOW!


Book Synopsis The Banking Industry Guide: Key Insights for Investment Professionals by : Ryan C. Fuhrmann

Download or read book The Banking Industry Guide: Key Insights for Investment Professionals written by Ryan C. Fuhrmann and published by CFA Institute. This book was released on 2017 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Communities in Action

Download Communities in Action PDF Online Free

Author :
Publisher : National Academies Press
ISBN 13 : 0309452961
Total Pages : 583 pages
Book Rating : 4.3/5 (94 download)

DOWNLOAD NOW!


Book Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

The General's General

Download The General's General PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1000301788
Total Pages : 420 pages
Book Rating : 4.0/5 (3 download)

DOWNLOAD NOW!


Book Synopsis The General's General by : Kenneth Ray Young

Download or read book The General's General written by Kenneth Ray Young and published by Routledge. This book was released on 2019-07-11 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Arthur MacArthur’s extraordinary life spans the history of the United States from the Civil War through the Indian Wars to the Spanish-American War and the heyday of American imperialism in the Philippines. And in a sense, as the father of Douglas MacArthur, his influence extends well into our own century. The General’s General is the first biography of Arthur MacArthur, and it clearly establishes his importance in American history. Arthur MacArthur’s military career began as a scrawny seventeen-year-old lieutenant, his commission owed not to any evidence of his ability but to family connections. His squeaky voice, barely audible on the parade field, combined with an adolescent conception of proper military bearing to make the young officer an object of ridicule. But MacArthur overcame this bad start and went on to become a bona fide Civil War hero. The youngest regimental commander of the war, he led his troops with distinction in battle and became one of the very first officers to be awarded the congressional Medal of Honor. In the 1870s MacArthur served in forts in the West during the Indian Wars, married “Pinky†Hardy, and started a family. He next commanded a division in the Philippines during the Spanish-American War. MacArthur went on to become the governor-general of the Philippines—the most imperial post in that blatantly imperialistic period of American history. His blunt opposition to aspects of Washington’s colonial policy in the Philippines led to a series of conflicts with Taft, McKinley, and other civilian authorities. After his return to the United States in 1907, these same leaders blocked MacArthur’s appointment as chief of staff of the army. Instead, an embittered MacArthur was forced to retire. The MacArthur family, including Douglas, never forgave the powerful men who had thwarted Arthur in his greatest ambition and denied him his place in history. After one of the most distinguished careers in the history of the U.S. Army, Arthur MacArthur died in relative obscurity while delivering a speech at the fiftieth reunion of his original Civil War regiment. A man whose whole life had been soldiering left instructions forbidding a military funeral and asking to be buried in civilian clothes rather than in the uniform he had worn so proudly from the age of seventeen. MacArthur died too soon to witness the military exploits of his famous son. But there can be no doubt that Arthur made a profound impression on Douglas, who regarded the general with awe and spent much of his own life following in his father’s footsteps. Arthur MacArthur had spent his life striving to be a soldier’s soldier; in the end it can be truly said that he was the general’s general.

CDC Yellow Book 2018: Health Information for International Travel

Download CDC Yellow Book 2018: Health Information for International Travel PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0190628634
Total Pages : 705 pages
Book Rating : 4.1/5 (96 download)

DOWNLOAD NOW!


Book Synopsis CDC Yellow Book 2018: Health Information for International Travel by : Centers for Disease Control and Prevention CDC

Download or read book CDC Yellow Book 2018: Health Information for International Travel written by Centers for Disease Control and Prevention CDC and published by Oxford University Press. This book was released on 2017-04-17 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE ESSENTIAL WORK IN TRAVEL MEDICINE -- NOW COMPLETELY UPDATED FOR 2018 As unprecedented numbers of travelers cross international borders each day, the need for up-to-date, practical information about the health challenges posed by travel has never been greater. For both international travelers and the health professionals who care for them, the CDC Yellow Book 2018: Health Information for International Travel is the definitive guide to staying safe and healthy anywhere in the world. The fully revised and updated 2018 edition codifies the U.S. government's most current health guidelines and information for international travelers, including pretravel vaccine recommendations, destination-specific health advice, and easy-to-reference maps, tables, and charts. The 2018 Yellow Book also addresses the needs of specific types of travelers, with dedicated sections on: · Precautions for pregnant travelers, immunocompromised travelers, and travelers with disabilities · Special considerations for newly arrived adoptees, immigrants, and refugees · Practical tips for last-minute or resource-limited travelers · Advice for air crews, humanitarian workers, missionaries, and others who provide care and support overseas Authored by a team of the world's most esteemed travel medicine experts, the Yellow Book is an essential resource for travelers -- and the clinicians overseeing their care -- at home and abroad.

Code of Federal Regulations

Download Code of Federal Regulations PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 1412 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Code of Federal Regulations by :

Download or read book Code of Federal Regulations written by and published by . This book was released on 1986 with total page 1412 pages. Available in PDF, EPUB and Kindle. Book excerpt: