Handbook on Loss Reserving is popular PDF and ePub book, written by Michael Radtke in 2016-10-26, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Handbook on Loss Reserving can be Read Online from any device for your convenience.
Handbook on Loss Reserving Book PDF Summary
This handbook presents the basic aspects of actuarial loss reserving. Besides the traditional methods, it also includes a description of more recent ones and a discussion of certain problems occurring in actuarial practice, like inflation, scarce data, large claims, slow loss development, the use of market statistics, the need for simulation techniques and the task of calculating best estimates and ranges of future losses. In property and casualty insurance the provisions for payment obligations from losses that have occurred but have not yet been settled usually constitute the largest item on the liabilities side of an insurer's balance sheet. For this reason, the determination and evaluation of these loss reserves is of considerable economic importance for every property and casualty insurer. Actuarial students, academics as well as practicing actuaries will benefit from this overview of the most important actuarial methods of loss reserving by developing an understanding of the underlying stochastic models and how to practically solve some problems which may occur in actuarial practice.
Detail Book of Handbook on Loss Reserving PDF
- Author : Michael Radtke
- Release : 26 October 2016
- Publisher : Springer
- ISBN : 9783319300566
- Genre : Business & Economics
- Total Page : 317 pages
- Language : English
- PDF File Size : 19,5 Mb
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