Computation and Modelling in Insurance and Finance

by Erik Bølviken

Focusing on what actuaries need in practice, this introductory account provides readers with essential tools for handling complex problems and explains how simulation models can be created, used and re-used (with modifications) in related situations. The book begins by outlining the basic tools of modelling and simulation, including a discussion of the Monte Carlo method and its use. Part II deals with general insurance and Part III with life insurance...

• Format: Hardcover
• Language: English
• ISBN: 0521830486
• ISBN13: 9780521830485
• Release Date: May 2014
• Publisher: Cambridge University Press
• Length: 712 Pages
• Weight: 3.35 lbs.
• Dimensions: 1.4" x 6.9" x 9.8"