New coordinates Non-life actuarial

Author: Su Fang
Publisher:
Publish Date: 2006-09-26
Features: This book is divided into four parts: Part One is the Basics of Non-Life Actuarial Science, introducing the fundamental concepts, principles, various related terms, and basic knowledge of non-life actuarial science; Part Two is Non-Life Premium Rating, covering the steps and precautions to be taken when rating non-life insurance products; Part Three is Non-Life Liability Reserves, explaining the classification of non-life liability reserves of insurance companies, as well as the deposit and valuation methods for each type of reserve; Part Four is Non-Life Reinsurance, discussing the types of reinsurance, optimal reinsurance, optimal self-retention limits, and various methods for reinsurance pricing and reserve deposit. The book's strength lies in its comprehensive and systematic introduction of the theoretical knowledge of non-life actuarial science. Since non-life actuarial science is an extremely complex field with strong practicality, the author avoids using advanced mathematical derivations and proofs in the writing, instead focusing on the combination of theory and practice, emphasizing practical operational methods, and prioritizing understanding and innovation.

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