Premium Calculation Principles And Their Properties: Mathematics Of Insurance Paperback

New

Myroslav Drozdenko

Book is devoted to the analysis of the most widely used methods of pricing of insurance contracts with known distributions of the future losses and their properties. All properties formulated in the book are presented together with their proofs. Several characterization theorems formulated in a form of necessary and sufficient conditions for certain properties to be hold are presented. Monotonicity and limit behavior of insurance premiums dependent on parameters are also studied. Book contains a large number of examples of premium calculations for different claim distributions taking into account random appearance of the claim and random size of the claim. We also demonstrate concepts of ogramming of described mathematical algorithms in matlab gui and present tables of numerical illustrations for different model parameters.

9783639205091

English

VDM Verlag

27-Oct-09

192

Vitaliy Drozdenko