Title: Practical Lessons in Actuarial Science: An Elementary Text-Book, Containing, Also, All Mortality Tables That Have Ever Been Standard Anywhere, With Corresponding Commutation Columns (Classic Reprint)
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 0331612755
ISBN 13: 9780331612752
Binding: HRD
Condition: New
Weight: 938 grams

About this title

Synopsis

This book delves into the fascinating realm of actuarial science, exploring the application of probability principles to insurance. It provides a comprehensive understanding of insurance as a concept, highlighting its role as a hedge against life's uncertainties. The author delves into the historical development of mortality tables, tracing their evolution from early rudimentary forms based on parish registers to more sophisticated constructions using census data and observations of insured lives. The book meticulously examines the intricacies of calculating probabilities of death and survival, emphasizing the importance of age as a crucial factor. It delves into the complexities of annual life contingencies and the methods employed to determine accurate probabilities for insurance purposes. With a focus on practical applications, the book covers various insurance types, including life, fire, and credit insurance, discussing rate-making, surplus distribution, and reserve computation. Thematic depth is added by exploring the ethical considerations of using actuarial skills, drawing parallels between insurance and lotteries. The author emphasizes the actuary's responsibility to ensure fairness and equity in risk assessment and premium calculations. The book concludes by underscoring the significance of actuarial science in promoting financial stability and mitigating the impact of unforeseen events on individuals and society as a whole.

"About this title" may belong to another edition of this title.

Store Description

**Please note our transit times are from the date of dispatch.** We first started out as ?The Paperback Exchange,? a chain of physical bookstores where we would part exchange your beloved books for new stories to transport you to faraway places. However, as shopping started to evolve to online shops and marketplaces, we bid our stores goodbye to become ?PBShop.? This transition has only allowed us to blossom as we now ship thousands of titles to book lovers across the globe. We pride ourselves in being a community of local book lovers which allows our passion and devotion to shine in everything we do. In 2020 we not only celebrated our 20th birthday but our 1st birthday as being completely employee owned after becoming an E.O.T in September 2019. We are proud to be different and embrace standing apart on a book mountain by working from a virtual inventory which allows us to provide thousands of books that may be difficult to get for your bookshelf or your studies. Working with a number of different suppliers allows us to explore other avenues such as puzzles, sheet music and even stationery so we really do have something for everyone. Life is about being versatile in all realms of existence. If this is your first purchase with us, or you are a returning customer, we would like to welcome you to the PBShop family, for there is no friend as loyal as a book. We are a company who put our customers at the centre of everything we do as we understand the importance of reading because once you learn to read, you will forever be free. There are a whole lot of things in this world of ours that we are yet to explore, which is why we will forever inspire curious minds.

Visit Seller's Storefront

Seller's business information

Pbshop.co.uk
Unit 22 Horcott Industrial Estate, Horcott Road, Fairford, GL7 4BX, United Kingdom

Sale & Shipping Terms

Terms of Sale

Returns Policy
We ask all customers to contact us for authorisation should they wish to return their order. Orders returned without authorisation may not be credited.
If you wish to return, please contact us within 14 days of receiving your order to obtain authorisation.
Returns requested beyond this time will not be authorised.
Our team will provide full instructions on how to return your order and once received our returns department will process your refund.
Please note the cost to return any...

More Information

Shipping Terms

Orders are shipped from our UK warehouse. Delivery thereafter is between 4 and 14 business days. Please contact us if you have any queries about our services or products.

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	10 to 20 business days	10 to 20 business days
First item	US$ 7.86	US$ 7.89

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.