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Pricing in general insurance

Author: Pietro Parodi
Publisher: Boca Raton, FL ; London : CRC Press, Taylor & Francis Group, [2015]
Edition/Format:   Print book : EnglishView all editions and formats
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Document Type: Book
All Authors / Contributors: Pietro Parodi
ISBN: 9781466581449 1466581441
OCLC Number: 881875942
Description: xxiii, 560 pages : illustrations ; 27 cm
Contents: PrefaceAcknowledgementsIntroductory ConceptsThe Pricing Process - A Gentle StartInsurance and Reinsurance ProductsThe Policy StructureThe Insurance MarketsThe Business Context: Things That Affect Insurance PricingThe Basic Pricing ProcessThe Scientific Basis: Risk Loss Models and the Frequency/Severity Risk Costing ProcessFamiliarise with the RiskData Requirements for PricingSetting the Inflation AssumptionsData PreparationBurning Cost AnalysisWhat Is This Thing Called Modelling?Adjusting for IBNRFrequency AnalysisAdjusting for IBNERSeverity AnalysisAggregate Loss ModellingIdentifying, Measuring and Communicating UncertaintyDetermining the PremiumElements of Specialist PricingExperience Rating for Non-Proportional ReinsuranceExposure Rating for PropertyLiability Rating Using Increased Limit Factor CurvesPricing Considerations for Specific Lines of BusinessProfessional IndemnityWeather RiskCredit RiskExtended WarrantyMiscellaneousCatastrophe ModellingAdvanced Pricing MethodsCredibility TheoryRating Factors Selection and Generalised Linear ModellingMulti-Level Factors and SmoothingPricing Correlated Lines of BusinessInsurance Structure OptimisationReferences
Responsibility: Pietro Parodi.

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"Memorializing much of standard actuarial practice, as well as introducing some more advanced topics, Pricing General Insurance provides comprehensive coverage of the core techniques currently used Read more...

 
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