Insurance Risk and Ruin
eBook - PDF

Insurance Risk and Ruin

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Insurance Risk and Ruin

About this book

The focus of this book is on the two major areas of risk theory: aggregate claims distributions and ruin theory. For aggregate claims distributions, detailed descriptions are given of recursive techniques that can be used in the individual and collective risk models. For the collective model, the book discusses different classes of counting distribution, and presents recursion schemes for probability functions and moments. For the individual model, the book illustrates the three most commonly applied techniques. Beyond the classical topics in ruin theory, this new edition features an expanded section covering time of ruin problems, Gerber–Shiu functions, and the application of De Vylder approximations. Suitable for a first course in insurance risk theory and extensively classroom tested, the book is accessible to readers with a solid understanding of basic probability. Numerous worked examples are included and each chapter concludes with exercises for which complete solutions are provided.

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Yes, you can access Insurance Risk and Ruin by David C. M. Dickson in PDF and/or ePUB format, as well as other popular books in Economics & Statistics for Business & Economics. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover
  2. Half-title
  3. Series information
  4. Title page
  5. Copyright information
  6. Dedication
  7. Table of contents
  8. Preface
  9. 1 Probability Distributions and Insurance Applications
  10. 2 Utility Theory
  11. 3 Principles of Premium Calculation
  12. 4 The Collective Risk Model
  13. 5 The Individual Risk Model
  14. 6 Introduction to Ruin Theory
  15. 7 Classical Ruin Theory
  16. 8 Advanced Ruin Theory
  17. 9 Reinsurance
  18. Appendix
  19. Solutions to Exercises
  20. References
  21. Index