Bibliograph

Market-Consistent Actuarial Valuation, by Mario V. Wüthrich

Type

Label

Market-Consistent Actuarial Valuation, by Mario V. Wüthrich

Language

eng

resource.imageBitDepth

Literary Form

non fiction

Main title

Market-Consistent Actuarial Valuation

Medium

electronic resource

Nature of contents

dictionaries

Oclc number

961474344

Responsibility statement

by Mario V. Wüthrich

Series statement

Springer eBooksEAA Series,, 1869-6929

Summary

This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with detailed mathematical frameworks that lead to market-consistent values for liabilities. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency. Including updates on recent developments and regulatory changes under Solvency II, this new edition of Market-Consistent Actuarial Valuation also elaborates on different risk measures, providing a revised definition of solvency based on industry practice, and presents an adapted valuation framework which takes a dynamic view of non-life insurance reserving risk.--, Provided by publisher

Table Of Contents

Introduction -- Stochastic discounting -- The valuation portfolio in life insurance -- Financial risks and solvency -- The valuation portfolio in non-life insurance -- References -- Index

Creator