Risk Modelling in General Insurance by Roger J Gray

Risk Modelling in General Insurance by Roger J Gray

Knowledge of risk models and the assessment of risk is a fundamental part of the training of actuaries and all who are involved in financial, pensions and insurance mathematics. This book provides students and others with a firm foundation in a wide range of statistical and probabilistic methods for the modelling of risk, including short-term risk modelling, model-based pricing, risk-sharing, ruin theory and credibility. It covers much of the international syllabuses for professional actuarial examinations in risk models, but goes into further depth, with worked examples, exercises and detailed case studies. The authors also use the statistical package R to demonstrate how simple code and functions can be used profitably in an actuarial context. The authors' engaging and pragmatic approach, balancing rigour and intuition and developed over many years of teaching the subject, makes this book ideal for self-study or for students taking courses in risk modelling.

"A key feature is the inclusion of three detailed case studies that bring together a number of concepts and applications from different parts of the book and illustrate how they are used in practice" -Mathematical reviews

Roger J. Gray was a Senior Lecturer in the School of Mathematical and Computer Sciences at Heriot-Watt University, Edinburgh until his death in 2011. Susan M. Pitts is a Senior Lecturer in the Statistical Laboratory at the University of Cambridge.

SKU	Unavailable
ISBN 13	9780521863940
ISBN 10	0521863945
Title	Risk Modelling in General Insurance
Author	Roger J Gray
Series	International Series On Actuarial Science
Condition	Unavailable
Binding Type	Hardback
Publisher	Cambridge University Press
Year published	2012-06-28
Number of pages	410
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.