Stochastic Models in Life Insurance
Download or Read eBook Stochastic Models in Life Insurance PDF written by Michael Koller and published by Springer Science & Business Media. This book was released on 2012-03-22 with total page 222 pages. Available in PDF, EPUB and Kindle.
| Author | : Michael Koller |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 222 |
| Release | : 2012-03-22 |
| ISBN-10 | : 9783642284397 |
| ISBN-13 | : 3642284396 |
| Rating | : 4/5 (97 Downloads) |
Book Synopsis Stochastic Models in Life Insurance by : Michael Koller
Book excerpt: The book provides a sound mathematical base for life insurance mathematics and applies the underlying concepts to concrete examples. Moreover the models presented make it possible to model life insurance policies by means of Markov chains. Two chapters covering ALM and abstract valuation concepts on the background of Solvency II complete this volume. Numerous examples and a parallel treatment of discrete and continuous approaches help the reader to implement the theory directly in practice.
