Loss Models Reviews

Author: Stuart A. Klugman
Edition: 4
Publisher: Wiley
Binding: Hardcover
ISBN: 1118315324
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Loss Models: From Data to Decisions (Wiley Series in Probability and Statistics)

Praise for the Third Edition

"This book provides in-depth coverage of modelling techniques used throughout many branches of actuarial science.Loss Models review. . . . The exceptional high standard of this book has made it a pleasure to readRead full reviews of Loss Models, Solutions Manual: From Data To Decisions (wiley Series In Probabili.

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Loss Models, Solutions Manual with ExamPrep (Online): From Data to Decisions, ISBN-13: 9780470487457, ISBN-10: 0470487453

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payment | shipping rates | returns Loss Models, Solutions Manual: From Data to Decisions (Wiley Series in Probability and Statistics) Product Category :Books Title :Loss Models, Solutions Manual: From Data to Decisions (Wiley Series in Probability and Statistics)EAN :9780471227625 Authors :Willmot, Gordon E., Panjer, Harry H., Klugman, Stuart A.Binding :Paperback Publisher :Wiley-Interscience Publication Date :2004-08-30 Pages :254 Signed :False First Edition :False Dust Jacket :False List Pric

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"Loss Models, Second Edition is an important resource, providing a comprehensive, practically motivated toolkit and an excellent reference, for actuaries preparing for SOA and CAS preliminary examinations, students in actuarial science who need to understand loss and risk models, and practicing professionals involved in loss modeling."--BOOK JACKET. Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

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Powered by Frooition Pro Click here to view full size. Full Size Image Click to close full size. Loss Models [9781118315316] - Book NEW Author(s): Stuart A. Klugman, Harry H. Panjer, et al. Format: Paperback # Pages: 232 ISBN-13: 9781118315316 Published: 09/11/2012 Language: English Weight: 0.80 pounds Brand new book. About Us Payment Shipping Customer Service FAQs Welcome to MovieMars All items are Brand New. We offer unbeatable prices, quick shipping times and a wide selection second to none.

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This set contains 9780470385715 Loss Models: From Data to Decisions, Solutions Manual, 3rd Edition and 9780470308578 ExamPrep Online for Loss Models: From Data to Decisions, Online, 3rd Edition. To explore our additional offerings in actuarial exam preparation visit www.wiley.com/go/actuarialexamprep .

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Loss Models Reviews

. . . The exceptional high standard of this book has made it a pleasure to read." —Annals of Actuarial Science

Newly organized to focus exclusively on material tested in the Society of Actuaries' Exam C and the Casualty Actuarial Society's Exam 4, Loss Models: From Data to Decisions, Fourth Edition continues to supply actuaries with a practical approach to the key concepts and techniques needed on the job. With updated material and extensive examples, the book successfully provides the essential methods for using available data to construct models for the frequency and severity of future adverse outcomes.

The book continues to equip readers with the tools needed for the construction and analysis of mathematical models that describe the process by which funds flow into and out of an insurance system. Focusing on the loss process, the authors explore key quantitative techniques including random variables, basic distributional quantities, and the recursive method, and discuss techniques for classifying and creating distributions. Parametric, non-parametric, and Bayesian estimation methods are thoroughly covered along with advice for choosing an appropriate model.

New features of this Fourth Edition include:

• Expanded discussion of working with large data sets, now including more practical elements of constructing decrement tables
• Added coverage of methods for simulating several special situations
• An updated presentation of Bayesian estimation, outlining conjugate prior distributions and the linear exponential family as well as related computational issues

Throughout the book, numerous examples showcase the real-world applications of the presented concepts, with an emphasis on calculations and spreadsheet implementation. A wealth of new exercises taken from previous Exam C/4 exams allows readers to test their comprehension of the material, and a related FTP site features the book's data sets.

Loss Models, Fourth Edition is an indispensable resource for students and aspiring actuaries who are preparing to take the SOA and CAS examinations. The book is also a valuable reference for professional actuaries, actuarial students, and anyone who works with loss and risk models.

To explore our additional offerings in actuarial exam preparation visit www.wiley.com/go/c4actuarial .