Non-life actuarial science

Author: Wang Jinglong et al. (Editor-in-Chief)
Publisher:
Publish Date: 2004-05-01
Features: Life Insurance Actuarics is based on property insurance and incorporates the latest research findings from both domestic and international sources. It has a complete system, rigorous structure, and detailed content, serving as a professional textbook that integrates the fundamental theories, basic skills, and practical applications of property insurance actuarics. The book consists of 9 chapters, each accompanied by summaries, key terms, and discussion questions, along with relevant reference data.
Chapter 1 is an introduction, covering actuarial science, actuaries, the differences between life and non-life insurance, and the responsibilities of non-life insurance actuaries.
Chapters 2 and 3 provide foundational knowledge in basic probability and statistics for non-life insurance actuarics.
Chapters 4 to 8 further elaborate on actuarial techniques relevant to the primary responsibilities of non-life insurance actuaries in sequence.
Chapter 4 discusses rate setting;
Chapter 5 covers credibility theory related to rate adjustments;
Chapter 6 addresses reserve valuation and accumulation;
Chapter 7 discusses reinsurance;
Chapter 8 covers investment;
Finally, Chapter 9 explores risk theory, focusing on how to assess the risks borne by insurance companies.