Risk Theory (Second Edition)

Author: Zou Gongming
Publisher:
Publish Date: 2006-07-01
Features: This book is a preparation guide for the Chinese Actuarial Association exams. Risk Theory includes three fundamental models: the short-term individual risk model, the short-term aggregate risk model, and the long-term aggregate risk model. The first two models can be directly applied to the calculation of pure premiums for insurance products, while the long-term aggregate risk model plays an important role in reinsurance, insurance regulation, and calculations related to non-life insurance profits and pricing. The book is divided into six chapters, each consisting of sections such as "Key Points," "Analysis of Key and Difficult Points in This Chapter," "Solutions to Exercises," "Additional Exercises," and "Thought-Provoking Questions." The purpose of writing this book is to address the questions of candidates and improve their actuarial knowledge. To this end, the book provides four sets of mock exams, each accompanied by detailed solutions.