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Springer - Life Insurance Theory: Actuarial Perspectives

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Description

Life Insurance Theory: Actuarial Perspectives by Springer provides a unique approach to understanding life insurance through specialized mathematical frameworks. Unlike standard texts, this book offers a distinct methodology by treating life insurances at three specific levels: time-capital, present value, and price level. By utilizing the concept of time-capital, the text defines any distribution of capital over time. For example, it examines the life insurance A as a time-capital (I, X) and explores the whole life annuity through a series of time-capital distributions. This rigorous mathematical perspective is designed for those seeking a deeper understanding of actuarial science and econometrics. This resource is a specialized tool for students and professionals in economics and finance who require a more technical perspective on how capital is distributed and valued over time. It moves beyond basic concepts to provide a formal treatment of insurance and annuity structures using precise actuarial definitions.

Key Features

Provides a unique three-level treatment of life insurances covering time-capital, present value, and price level.

Introduces the concept of time-capital to define any distribution of capital over specific time moments.

Offers a mathematical approach to whole life insurance by treating it as a time-capital (I, X).

Explains the mechanics of a whole life annuity through detailed time-capital distributions.

Delivered by Springer, a recognized name in professional and academic publishing.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
07 December 2010
Listed Since
20 September 2010

Barcode

No barcode data available

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