Author: Mario V. Wüthrich
Publisher: Springer Science & Business Media
ISBN: 3642148522
Category : Mathematics
Languages : en
Pages : 164
Book Description
It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.
Market-Consistent Actuarial Valuation
Author: Mario V. Wüthrich
Publisher: Springer Science & Business Media
ISBN: 3642148522
Category : Mathematics
Languages : en
Pages : 164
Book Description
It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.
Publisher: Springer Science & Business Media
ISBN: 3642148522
Category : Mathematics
Languages : en
Pages : 164
Book Description
It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.
Market-Consistent Actuarial Valuation
Author: Mario V. Wüthrich
Publisher: Springer
ISBN: 3319466364
Category : Business & Economics
Languages : en
Pages : 145
Book Description
This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with detailed mathematical frameworks that lead to market-consistent values for liabilities. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency. Including updates on recent developments and regulatory changes under Solvency II, this new edition of Market-Consistent Actuarial Valuation also elaborates on different risk measures, providing a revised definition of solvency based on industry practice, and presents an adapted valuation framework which takes a dynamic view of non-life insurance reserving risk.
Publisher: Springer
ISBN: 3319466364
Category : Business & Economics
Languages : en
Pages : 145
Book Description
This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with detailed mathematical frameworks that lead to market-consistent values for liabilities. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency. Including updates on recent developments and regulatory changes under Solvency II, this new edition of Market-Consistent Actuarial Valuation also elaborates on different risk measures, providing a revised definition of solvency based on industry practice, and presents an adapted valuation framework which takes a dynamic view of non-life insurance reserving risk.
Factors at 10 Percent Involving One and Two Lives
Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Actuaries
Languages : en
Pages : 70
Book Description
Publisher:
ISBN:
Category : Actuaries
Languages : en
Pages : 70
Book Description
Factors at 10 Percent Involving One and Two Lives
Author:
Publisher:
ISBN:
Category : Actuaries
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Actuaries
Languages : en
Pages : 72
Book Description
Actuarial Values, Beta Volume
Author:
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 580
Book Description
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 580
Book Description
Actuarial Values, Book Beth
Author:
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 806
Book Description
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 806
Book Description
Actuarial Values
Author:
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 884
Book Description
Publisher:
ISBN:
Category : Annuities
Languages : en
Pages : 884
Book Description
Actuarial Values
Author:
Publisher:
ISBN:
Category : Depreciation
Languages : en
Pages : 122
Book Description
Publisher:
ISBN:
Category : Depreciation
Languages : en
Pages : 122
Book Description
Actuarial Values
Author:
Publisher:
ISBN:
Category : Depreciation
Languages : en
Pages : 128
Book Description
Publisher:
ISBN:
Category : Depreciation
Languages : en
Pages : 128
Book Description
Factors at 10 Percent Involving One and Two Lives
Author:
Publisher:
ISBN:
Category : Actuaries
Languages : en
Pages : 66
Book Description
Publisher:
ISBN:
Category : Actuaries
Languages : en
Pages : 66
Book Description