Life Insurance Actuarial Practice - Study Guide for the Chinese Actuarial Examinations

Author: Zou Gongming
Publisher:
Publish Date: 2006-06-01
Features: This book is a supplementary text for the Chinese Actuarial Association exams. "Practical Life Insurance Actuarics" is an advanced course in "Life Insurance Actuarics" and also the core course in the series of exams for life insurance actuaries. Its core status is determined by its content. The course covers fundamental topics such as life insurance pricing, reserve assessment, pension actuarics, group insurance, and even health insurance actuarics. The book is divided into fifteen chapters, including content on: types of life insurance and annuities, life insurance underwriting, life reinsurance, life insurance investment/finance/profit sources and marketing management, policy cash value and dividends, special annuities and insurance, insurance pricing, asset share method, reserves, liability assessment, pensions, group insurance, etc. Moreover, to meet the needs of candidates, the book is accompanied by six sets of mock questions and their answers.
"Practical Life Insurance Actuarics" is an advanced course in "Life Insurance Actuarics" and also the core course in the series of exams for life insurance actuaries. Its core status is determined by its content. The course covers fundamental topics such as life insurance pricing, reserve assessment, pension actuarics, and even health insurance actuarics. By mastering this course, readers will be able to bridge the gap to advanced subjects, gaining a deeper and more comprehensive understanding of life insurance actuarics as a professional skill. In summary, studying this course will have a significant impact on learners' future careers. Therefore, the conclusion is that knowing what and why is the key to learning this course, and it is precisely this key that the book aims to capture for its readers. The book elaborates extensively on the origins and development of knowledge related to product pricing, modern life insurance liability assessment, and pension mathematics, and supplements this with numerous examples to aid understanding. Notably, a special section for characteristic examples is included for pension mathematics, all of which are concrete manifestations of the book's objectives.