Skip to content

Opening book details…

Can I read Risk Analysis in Finance and Insurance (Chapman and Hall /Crc Monographs and Surveys in Pure and Applied Mathematics) on EtoBox?

Risk Analysis in Finance and Insurance (Chapman and Hall /Crc Monographs and Surveys in Pure and Applied Mathematics) by Melʹnikov, A. V. is a book available to read on EtoBox.

What is Risk Analysis in Finance and Insurance (Chapman and Hall /Crc Monographs and Surveys in Pure and Applied Mathematics) about?

"Historically, financial and insurance risks were separate subjects most often analyzed using qualitative methods. The development of quantitative methods based on stochastic analysis is an important achievement of modern financial mathematics, one that can naturally be extended and applied in actuarial mathematics. Risk Analysis in Finance and Insurance offers the first comprehensive and accessible introduction to the ideas, methods, and probabilistic models that have transformed risk management into a quantitative science and led to unified methods for analyzing insurance and finance risks. The author's approach is based on a methodology for estimating the present value of future payments given current financial, insurance, and other information, which leads to proper, practical definitions of the price of a financial contract, the premium for an insurance policy, and the reserve of an insurance company. Self-contained and full of exercises and worked examples, Risk Analysis in Finance and Insurance serves equally well as a text for courses in financial and actuarial mathematics and as a valuable reference for financial analysts and actuaries. Ancillary electronic materials will

Author
Melʹnikov, A. V.
Publisher
Chapman and Hall/CRC
Published
2004
Language
EN
ISBN
9781584884293
Subjects
Management, Mathematics, Finance

Other editions & translations

More by Melʹnikov, A. V.

Browse all works by Melʹnikov, A. V.

Similar books