Fundamentals of Actuarial Mathematics

• Provides a comprehensive coverage of both the deterministic and stochastic models of life contingencies, risk theory, credibility theory, multi-state models, and an introduction to modern mathematical finance.

• New edition restructures the material to fit into modern computational methods and provides several spreadsheet examples throughout.

• Covers the syllabus for the Institute of Actuaries subject CT5, Contingencies

• Includes new chapters covering stochastic investments returns, universal life insurance. Elements of option pricing and the Black-Scholes formula will be introduced.

Author: S. David Promislow
Binding Type: Hardcover
Publisher: Wiley
Published: 01/20/2015
Series: Wiley Desktop Editions
Pages: 552
Weight: 2.2lbs
Size: 9.70h x 6.80w x 1.30d
ISBN: 9781118782460
3rd Revised Edition