Market-Valuation Methods in Life and Pension Insurance

Released on by Thomas Møller
preview-18

  • Market-Valuation Methods in Life and Pension Insurance Book Detail

  • Author : Thomas Møller
  • Release Date : 2007-01-18
  • Publisher : Cambridge University Press
  • Genre : Business & Economics
  • Pages : 263
  • ISBN 13 : 1139462970
  • File Size : 59,59 MB
DOWNLOAD BOOK

Market-Valuation Methods in Life and Pension Insurance by Thomas Møller PDF Summary

Book Description: In classical life insurance mathematics the obligations of the insurance company towards the policy holders were calculated on artificial conservative assumptions on mortality and interest rates. However, this approach is being superseded by developments in international accounting and solvency standards coupled with other advances enabling a market-based valuation of risk, i.e., its price if traded in a free market. The book describes these approaches, and is the first to explain them in conjunction with more traditional methods. The various chapters address specific aspects of market-based valuation. The exposition integrates methods and results from financial and insurance mathematics, and is based on the entries in a life insurance company's market accounting scheme. The book will be of great interest and use to students and practitioners who need an introduction to this area, and who seek a practical yet sound guide to life insurance accounting and product development.

Disclaimer: www.yourbookbest.com does not own Market-Valuation Methods in Life and Pension Insurance books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Market-Consistent Actuarial Valuation

Market-Consistent Actuarial Valuation

File Size : 24,24 MB
Total View : 3429 Views
DOWNLOAD

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