Modern Actuarial Risk Theory

• Main Authors: Kaas, Rob (Author), Goovaerts, Marc (Author), Dhaene, Jan (Author), Denuit, Michel (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Boston, MA : Springer US, 2002.
• Subjects: Business.; Management science.; Finance.; Statistics.; Econometrics.; Business and Management.; Business and Management, general.; Finance, general.; Statistics for Business/Economics/Mathematical Finance/Insurance.

Apart from standard actuarial theory, Modern Actuarial Risk Theory contains methods that are relevant for actuarial practice, for instance the rating of automobile insurance policies, premium principles and IBNR models, as well as generalized linear models with an eye on actuarial applications. Furt...

Table of Contents:

• Utility theory and insurance
• The individual risk model
• Collective risk models
• Ruin theory
• Premium principles
• Bonus-malus systems
• Credibility theory
• Generalized linear models
• IBNR techniques
• Ordering of risks.