Insurance Actuarial Science

Author: Wang Zhongjian
Publisher:
Publish Date: 2004-07-01
Features: The purpose of this book is to enable readers to understand and master the basic theories and methods of budgeting, and to conduct a comprehensive analysis, evaluation, and prediction of the impact of uncertainty on insurance companies, social security departments, commercial banks, other financial intermediaries, and long-term capital project systems. Actuarial science is an applied mathematics that studies the occurrence patterns of risk events, the loss distribution patterns of risk events, the distribution patterns of claim amounts in insurance claims, and the calculation methods for systemic risk problems in the insurance premium and risk capital system, based on the fundamental theories of probability theory, mathematical statistics, and economics. With the development of budget theory and technology, actuarial science has become an interdisciplinary field that integrates advanced mathematics and statistics, as well as financial, insurance, and financial theory and practice.

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