Life Insurance Mathematics /
This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, is written for 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 mor...
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| Format: | eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg :
Springer Berlin Heidelberg,
1990.
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, is written for 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 (and the traditional deterministic model avoided). Emphasis is put on the general ideas, which are illustrated by means of examples and interpretations. Recursive formulae and reasoning are discussed in detail. |
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| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (xiii, 134 pages) |
| ISBN: | 9783662026557 (electronic bk.) 3662026554 (electronic bk.) |