Insurance risk and ruin Dickson, David C.M.

By:

Dickson, David C.M

Material type: Text

TextSeries: International series on actuarial sciencePublication details: Cambridge university press india pvt. ltd. 2017 DelhiEdition: 2nd edDescription: ix, 294 pISBN:

9781107154605

Subject(s):

DDC classification:

368.01 D4I6

Summary: The focus of this book is on the two major areas of risk theory: aggregate claims distributions and ruin theory. For aggregate claims distributions, detailed descriptions are given of recursive techniques that can be used in the individual and collective risk models. For the collective model, the book discusses different classes of counting distribution, and presents recursion schemes for probability functions and moments. For the individual model, the book illustrates the three most commonly applied techniques. Beyond the classical topics in ruin theory, this new edition features an expanded section covering time of ruin problems, Gerber–Shiu functions, and the application of De Vylder approximations. Suitable for a first course in insurance risk theory and extensively classroom tested, the book is accessible to readers with a solid understanding of basic probability. Numerous worked examples are included and each chapter concludes with exercises for which complete solutions are provided. http://www.cambridge.org/nu/academic/subjects/statistics-probability/statistics-econometrics-finance-and-insurance/insurance-risk-and-ruin-2nd-edition?format=HB#MW0j3FUaG07DlCeu.97

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	368.01 D4I6 (Browse shelf(Opens below))	Available		194410
Book	Visakhapatnam		(Browse shelf(Opens below))	Available		IIMV-000761

Total holds: 0

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	368.0028557 B6A6 Analytics for insurance: the real business of big data	368.01 K4S8 Statistical methods with applications to demography and life insurance	368.01 D4I6 Insurance risk and ruin

Table of Contents

1. Probability distributions and insurance applications
2. Utility theory
3. Principles of premium calculation
4. The collective risk model
5. The individual risk model
6. Introduction to ruin theory
7. Classical ruin theory
8. Advanced ruin theory
9. Reinsurance

The focus of this book is on the two major areas of risk theory: aggregate claims distributions and ruin theory. For aggregate claims distributions, detailed descriptions are given of recursive techniques that can be used in the individual and collective risk models. For the collective model, the book discusses different classes of counting distribution, and presents recursion schemes for probability functions and moments. For the individual model, the book illustrates the three most commonly applied techniques. Beyond the classical topics in ruin theory, this new edition features an expanded section covering time of ruin problems, Gerber–Shiu functions, and the application of De Vylder approximations. Suitable for a first course in insurance risk theory and extensively classroom tested, the book is accessible to readers with a solid understanding of basic probability. Numerous worked examples are included and each chapter concludes with exercises for which complete solutions are provided.

http://www.cambridge.org/nu/academic/subjects/statistics-probability/statistics-econometrics-finance-and-insurance/insurance-risk-and-ruin-2nd-edition?format=HB#MW0j3FUaG07DlCeu.97

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