Actuarial Mathematics For Life Contingent Risks (International Series On Actuarial Science) Download Free (EPUB, PDF)
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 actuarial science balance rigor with intuition and emphasize practical applications using computational techniques to provide a modern perspective on life contingencies and equip students for the products and risk structures of the future. The authors then develop a more contemporary outlook, introducing multiple state models, emerging cash flows and embedded options. The 210 exercises provide meaningful practice with both long-answer and multiple choice questions. Furthermore: • the book has been updated to include new material on discrete time Markov processes, on models involving joint lives, and on universal life insurance and participating traditional insurance • the Solutions Manual (ISBN 9781107620261), available for separate purchase, provides detailed solutions to the text's exercises.
Series: International Series on Actuarial Science
Hardcover: 616 pages
Publisher: Cambridge University Press; 2 edition (August 12, 2013)
Language: English
ISBN-10: 1107044073
ISBN-13: 978-1107044074
Product Dimensions: 6 x 1.6 x 9 inches
Shipping Weight: 14.1 ounces (View shipping rates and policies)
Average Customer Review: 4.5 out of 5 stars See all reviews (4 customer reviews)
Best Sellers Rank: #157,814 in Books (See Top 100 in Books) #16 in Books > Business & Money > Insurance > Life #17 in Books > Business & Money > Insurance > Business #182 in Books > Business & Money > Education & Reference > Statistics
I'm normally a lecture guy, would much rather listen to someone explain a concept than read it out of a book. However, this textbook was so well written that I had to come on here and give it a good review. I have no problem reading and comprehending the material in this textbook soley because of its intuitive prose and plain language approach. Also, the historical background it gives that set up a real framework for the concepts is a huge plus. I actually feel like I'm learning something useful and with real application, rather than just chugging through formulas for their own sake.
Really a new book, excellent!
Nephew used in school
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