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Market-Valuation Methods in Life and Pension Insurance (International Series on Actuarial Science) Hardcover – 18 Jan 2007


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Product Description

Review

'... a very thorough treatment of the mathematical instruments that are developed.' H. van Wijk

'The book under review is the first available reference to offer a comprehensive account for market-valuation methods in life and pension insurance, answering the insurance industry's demand in the wake of the European Union Solvency II project. … The book is well written, well organized and a very rich source of useful information for practitioners of the actuarial profession and financial asset managers who seek a practical yet sound guide to life and pension insurance accounting and product development. … researchers in the fields of actuarial sciences and financial economics may find it informative and inspiring to further research in the field of asset and liability modeling.' Scandinavian Actuarial Journal

Book Description

Students and practitioners needing a guide to life insurance accounting and product development will welcome this book. Developments in life insurance mathematics are described, together with more traditional methods, with various chapters addressing specific aspects of market-based valuation.

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