Life Insurance Mathematics
Publisher: Springer London, Limited
Published: 2013
Language: eng
Number of pages: 220
ISBN-13: 9783662031537
Description: This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, will appeal to the reader who likes applied mathematics. In addition to the model of life contingencies, the theory of compound interest is explained and it is shown how mortality and other rates can be estimated from observations. The probabilistic model is used consistently throughout the book. For this second, expanded edition numerous exercises (with answers and solutions) were added.