Non-life Actuarial Mathematics and Practice (Second Edition)

Author: Zou Gongming
Publisher:
Publish Date: 2006-07-01
Features: This book is a study guide for the Chinese Actuarial Association exams. Its basic content includes loss distribution, stochastic simulation, rate setting, experience rating, reserve assessment, and reinsurance arrangements, among others. The book features detailed explanations and examples of extensive statistical knowledge, such as the mean (mode, median) of Bayes' posterior distribution, along with proofs. The purpose of writing this book is to address the questions of candidates and improve their actuarial knowledge level. To this end, the book provides five sets of mock exams, with detailed solutions for each set.