Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)

Amazon.com Price: $64.99 (as of 11/10/2019 11:44 PST- Details)

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Actuarial Mathematics for Life Contingent Risks, 2nd edition, is the sole required text for the Society of Actuaries Exam MLC Fall 2015 and Spring 2016. It covers all of the syllabus for the SOA Exam MLC, including new sections for Spring 2016. It’s ideal for university courses and for individuals preparing for professional actuarial examinations – especially the new, long-answer exam questions. Three leaders in actuarial science balance rigor with intuition and emphasize practical applications the usage of computational techniques to provide a brand new viewpoint on life contingencies and equip students for the products and risk structures of the future. The authors then develop a more up to date outlook, introducing more than one state models, emerging cash flows and embedded options. The 210 exercises provide meaningful practice with both long-answer and more than one choice questions. Furthermore: • the book has been up to date to include new material on discrete time Markov processes, on models involving joint lives, and on universal life insurance and taking part traditional insurance • the Solutions Manual (ISBN 9781107620261), to be had for separate purchase, provides detailed solutions to the text’s exercises.

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Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)

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