Stochastic Models in Life Insurance

Released on by Michael Koller
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  • Stochastic Models in Life Insurance Book Detail

  • Author : Michael Koller
  • Release Date : 2012-03-23
  • Publisher : Springer Science & Business Media
  • Genre : Mathematics
  • Pages : 222
  • ISBN 13 : 3642284388
  • File Size : 47,47 MB
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Stochastic Models in Life Insurance by Michael Koller PDF Summary

Book Description: 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.

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