Actuarial science : theory and methodology / editor, Hanji Shang.

Format:

Book

Contributor:

Shang, Hanji.

Language:

English

Subjects (All):

Life insurance--China.

Life insurance.

Physical Description:

xiv, 266 p. : ill.

Edition:

1st ed.

Place of Publication:

Beijing ; New Jersey : World Scientific Publishing, c2006.

Language Note:

English

Summary:

Since actuarial education was introduced into China in the 1980s, Chinese scholars have paid greater attention to the theoretical research of actuarial science. Professors and industry experts from well-known universities in China recently worked together on the project "Insurance Information Processing and Actuarial Mathematics Theory and Methodology", which was supported by the Chinese government. Summarizing what they achieved, this volume provides a study of some basic problems of actuarial science, including risk models, risk evaluation and analysis, and premium principles. The contributions cover some new applications of probability and statistics, fuzzy mathematics and financial economics to the field of actuarial practices. Discussions on the new insurance market in China are also presented.

Contents:

Risk models and ruin theory

Compound risk models and copula decomposition

Comonotonically additive premium principles and some related topics

Fuzzy comprehension evaluation and fuzzy information processing for risks

Application of fuzzy mathematics to actuarial science

Some applications of financial economics to insurance

Exploring on the risk profile of China insurance for setting appropriate solvency capital requirement.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

ISBN:

9786611919610

9781281919618

1281919616

9789812774668

9812774661

OCLC:

879025362