Actuarial mathematics for life contingent risks (Book, 2013) []
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Actuarial mathematics for life contingent risks

Author: D C M Dickson; Mary Hardy; H R Waters
Publisher: New York : Cambridge University Press, [2013]
Series: International series on actuarial science.
Edition/Format:   Print book : English : Second editionView all editions and formats
""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 the entire syllabus for the SOA Exam MLC, including new sections for Spring 2016. It is ideal for university courses and for individuals preparing for professional actuarial examinations - especially the new, long-answer exam questions. Three leaders in  Read more...

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Document Type: Book
All Authors / Contributors: D C M Dickson; Mary Hardy; H R Waters
ISBN: 1107044073 9781107044074
OCLC Number: 843124183
Description: xxi, 597 pages : illustrations ; 24 cm.
Contents: Preface to the second edition page --
Introduction to life insurance --
Survival models --
Life tables and selection --
Insurance benefits --
Annuities --
Premium calculation --
Policy values --
Multiple state models --
Joint life and last survivor benefits --
Pension mathematics --
Non-diversiable risk --
Emerging costs for traditional life insurance --
Participating and universal life insurance --
Emerging costs for equity-linked insurance --
Option pricing --
Embedded options --
Appendix a: probability theory --
Appendix b: numerical techniques --
Appendix c: simulation --
Appendix d: tables --
Series Title: International series on actuarial science.
Responsibility: David C.M. Dickson, University of Melbourne, Mary R. Hardy, University of Waterloo, Onterio, Howard R. Waters, Heriot-Watt University, Edinburgh.


Three leaders in actuarial science give a modern perspective on life contingencies. Balancing rigour and intuition, and emphasizing applications, this modern text is ideal for university courses and  Read more...


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Review of the first edition: 'The book is well written, well organized, and easy to read. It may be an excellent textbook for both undergraduate and graduate programs in actuarial science. It is also Read more...

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