Bibliograph

ERM and QRM in Life Insurance, An Actuarial Primer, by Ermanno Pitacco

Type

Label

ERM and QRM in Life Insurance, An Actuarial Primer, by Ermanno Pitacco

Language

eng

resource.imageBitDepth

Literary Form

non fiction

Main title

ERM and QRM in Life Insurance

Medium

electronic resource

Nature of contents

dictionaries

Oclc number

1192492039

Responsibility statement

by Ermanno Pitacco

Series statement

Springer Actuarial Lecture Notes,, 2523-3289Springer eBooks.

Sub title

An Actuarial Primer

Summary

This book deals with Enterprise Risk Management (ERM) and, in particular, Quantitative Risk Management (QRM) in life insurance business. Constituting a “bridge” between traditional actuarial mathematics and insurance risk management processes, its purpose is to provide advanced undergraduate and graduate students in the Actuarial Sciences, Finance and Economics with the basics of ERM (in general) and QRM applied to life insurance business. The main topics dealt with are: general issues on ERM, risk management tools for life insurance and life annuities, deterministic and stochastic analysis of the behaviour of a portfolio fund, application of sensitivity testing to assess ranges of results of interest, stress testing to assess the impact of extreme scenarios, and the product development process for life annuity products.--, Provided by publisher

Table Of Contents

Preface -- Introduction -- Enterprise Risk Management and Quantitative Risk Management -- The Risk Management process. - Risk Management for life insurance and life annuities. - Risk assessment and impact assessment in life insurance business. - Risk assessment and impact assessment in life annuity business. - Sensitivity testing for long-term care insurance products. - References -- Index

Creator