Stochastic Claims Reserving Methods in Insurance: 436 (The Wiley Finance Series) - Image 1

£77.75

Wiley Stochastic Claims Reserving Methods in Insurance: 436 (The Wiley Finance Series)

Name: Stochastic Claims Reserving Methods in Insurance: 436 (The Wiley Finance Series)
Brand: Wiley
Price: 77.75 GBP
Availability: InStock

Insurance

This is the usual price. Wait for it to drop, or tell us your number.

£78 today · usual range £74–£79 · best ever £74

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 50 days · 50 data points (no recent data)

Historical

Generating forecast…

Price Distribution

Price distribution over 50 days • 4 price levels

Days at Price

Current Price

Price Analysis

Most common price: £78 (27 days, 54.0%)

Price range: £74 - £79

Price levels: 4 different prices over 50 days

Description

Claims reserving is central to the insurance industry. Insurance liabilities depend on a number of different risk factors which need to be predicted accurately. This prediction of risk factors and outstanding loss liabilities is the core for pricing insurance products, determining the profitability of an insurance company and for considering the financial strength (solvency) of the company. Following several high-profile company insolvencies, regulatory requirements have moved towards a risk-adjusted basis which has lead to the Solvency II developments. The key focus in the new regime is that financial companies need to analyze adverse developments in their portfolios. Reserving actuaries now have to not only estimate reserves for the outstanding loss liabilities but also to quantify possible shortfalls in these reserves that may lead to potential losses. Such an analysis requires stochastic modeling of loss liability cash flows and it can only be done within a stochastic framework. Therefore stochastic loss liability modeling and quantifying prediction uncertainties has become standard under the new legal framework for the financial industry. This book covers all the mathematical theory and practical guidance needed in order to adhere to these stochastic techniques. Starting with the basic mathematical methods, working right through to the latest developments relevant for practical applications; readers will find out how to estimate total claims reserves while at the same time predicting errors and uncertainty are quantified. Accompanying datasets demonstrate all the techniques, which are easily implemented in a spreadsheet. A practical and essential guide, this book is a must-read in the light of the new solvency requirements for the whole insurance industry.

Product Specifications

Brand: Wiley
Format: hardcover
ASIN: 0470723467
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Insurance
Domain: Amazon UK
Release Date: 18 April 2008
Listed Since: 09 May 2007

Barcode

No barcode data available

Wiley Stochastic Claims Reserving Methods in Insurance: 436 (The Wiley Finance Series)

This is the usual price. Wait for it to drop, or tell us your number.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Loss Reserving: An Actuarial Perspective: 21 (Huebner International Series on Risk, Insurance and Economic Security, 21)

Loss Reserving: An Actuarial Perspective: 21 (Huebner International Series on Risk, Insurance and Economic Security, 21)

Risk Analysis in Finance and Insurance: 21 (Chapman and Hall/CRC Financial Mathematics Series)

Stochastic Processes for Insurance and Finance: 974 (Wiley Series in Probability and Statistics)

Probability and Stochastic Modeling: The Mathematics of Insurance, Second Editon

Stochastic Control in Insurance (Probability and Its Applications)

Basic Stochastic Processes (Mathematics and Statistics)

Elements Of Stochastic Modelling (third Edition): 3rd Edition

Numerical Solution of Stochastic Differential Equations with Jumps in Finance: 64 (Stochastic Modelling and Applied Probability, 64)

STOCHASTIC PROCESSES, FINANCE AND CONTROL: A FESTSCHRIFT IN HONOR OF ROBERT J ELLIOTT: 1 (Advances In Statistics, Probability And Actuarial Science)

CRC Press Monte Carlo Methods in Finance and Insurance Book

Springer Probability Distributions in Risk Management Vol 83

Monte Carlo Methods and Models in Finance and Insurance (Chapman and Hall/CRC Financial Mathematics Series)

Statistical and Probabilistic Methods in Actuarial Science (Chapman & Hall/CRC Series in Actuarial Science)

Actuarial Theory for Dependent Risks: Measures, Orders and Models

Stochastic Models (Contemporary Mathematics): Seventh Symposium on Probability and Stochastic Processes, June 23-28, 2002, Mexico City, Mexico

Stochastic Analysis and Related Topics: In Honour of Ali Süleyman Üstünel, Paris, June 2010: 22 (Springer Proceedings in Mathematics & Statistics, 22)

Optional Processes: Theory and Applications (Chapman and Hall/CRC Financial Mathematics Series)

Imperial College Press - Stochastic Calculus With Applications

Stochastic Processes with Applications to Finance (Chapman and Hall/CRC Financial Mathematics Series)

Stochastic Modelling of Big Data in Finance (Chapman and Hall/CRC Financial Mathematics Series)

Financial and Actuarial Statistics: An Introduction, Second Edition

Risk And Stochastics: Ragnar Norberg (Mathematical Finance Economics)

Financial and Insurance Formulas