Bøger i EAA Series serien

Introduced by British actuaries generalized linear models (GLMs) have become today a the standard aproach for tariff analysis.The book focuses on methods based on GLMs that have been found useful in actuarial practice and provides a set of tools for a tariff analysis.

Backward stochastic differential equations with jumps can be used to solve problems in both finance and insurance. Part I of this book presents the theory of BSDEs with Lipschitz generators driven by a Brownian motion and a compensated random measure, with an emphasis on those generated by step processes and Levy processes.

It describes the structure of the reinsurance market and then the different legal and technical features of reinsurance contracts, known as reinsurance 'treaties' by practitioners.The third part creates a link between the theories presented in the first part and the practice described in the second one.

Health Insurance

Focusing on life insurance and pensions, this book addresses variousaspects of modelling in modern insurance: insurance liabilities;

Since 1980, methods for recursive evaluation of aggregate claims distributions have received extensive attention in the actuarial literature. This book gives a unified survey of the theory and is intended to be self-contained to a large extent.

This second edition expands the first chapters, which focus on the approach to risk management issues discussed in the first edition, to offer readers a better understanding of the risk management process and the relevant quantitative phases.

Therefore, concentration risk is highly relevant to anyone who wants to go beyond the very basic portfolio credit risk models.The book gives an introduction to credit risk modeling with the aim to measure concentration risks in credit portfolios.

The aim of the book is to provide an overview of risk management in life insurance companies. This more general treatment is followed by chapters describing asset risks, insurance risks and operational risks - the application of models and reporting of the corresponding risks is central.

With this book, the reader will additionally be able to critically appraise the applicability and the limits of the methods used in modern risk management.Value-oriented Management of Risk in Insurance focuses on risk capital, capital allocation, performance measurement and value-oriented management.

The book studies martingales and path decompositions, which are the main tools used in analysing the distribution of the time of ruin, the wealth prior to ruin and the deficit at ruin.

This book introduces and explains the concept of Valuation Portfolio. It covers life and non-life insurance as well as financial risk.