Life Insurance Mathematics

Hans U. Gerber and S.H. Cox

ISBN 10: 354062242X / ISBN 13: 9783540622420

Published by Springer, 1997

About this Item

UK stocked, available immediately. Hardcover, published by Springer in 1997. 3rd edition. A lovely bright copy throughout, with unmarked contents. Weight (unpacked) is 450 grams.

Seller Inventory # sk14xasd450

Bibliographic Details

• Title: Life Insurance Mathematics
• Publisher: Springer
• Publication Date: 1997
• Language: English
• ISBN 10: 354062242X
• ISBN 13: 9783540622420
• Binding: As New
• Edition: 3rd Edition

About this title

Synopsis

From the reviews: "The highly esteemed 1990 first edition of this book now appears in a much expanded second edition. The difference between the first two English editions is entirely due to the addition of numerous exercises. The result is a truly excellent book, balancing ideally between theory and practice. ....As already hinted at above, this book provides the ideal bridge between the classical (deterministic) life insurance theory and the emerging dynamic models based on stochastic processes and the modern theory of finance. The structure of the bridge is very solid, though at the same time pleasant to walk along. I have no doubt that Gerber's book will become the standard text for many years to come. Metrika, 44, 1996, 2

From the Back Cover

This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, will appeal to the reader who likes applied mathematics. In addition to model of life contingencies, the theory of compound interest is explained and it is shown how mortality and other rates can be estimated from observations. The probabilistic model is used consistently throughout the book. Numerous exercises (with answers and solutions) have been added, and for this third edition several misprints have been corrected.