Introduction to Insurance Mathematics

Technical and Financial Features of Risk Transfers

Authors: Olivieri, Annamaria, Pitacco, Ermanno

  • Wide range of topics dealt with (life insurance, non-life insurance, and pensions included)
  • Careful attention to practical issues
  • A “less mathematical and formal” perspective, compared to other textbooks
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eBook $54.99
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  • ISBN 978-3-642-16029-5
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  • Immediate eBook download after purchase
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About this Textbook

The book aims at presenting technical and financial features of life insurance, non-life insurance, pension plans. The book has been planned assuming non-actuarial readers as its “natural” target, namely - advanced undergraduate and graduate students in Economics, Business and Finance; - professionals and technicians operating in Insurance and pension areas, whose job may regard investments, risk analysis, financial reporting, etc, and hence implies a communication with actuarial professionals and managers. Given the assumed target, the book focuses on technical and financial aspects of insurance, however avoiding the use of complex mathematical tools. In this sense, the book can be placed at some “midpoint” of the existing literature, part of which adopts more formal approaches to insurance problems implying the use of non-elementary mathematics, whereas another part addresses practical questions totally avoiding even simple mathematical tools (which, in our opinion, can conversely provide effective tools for presenting technical and financial features of the insurance business).

About the authors

Professor Ermanno Pitacco, Full professor at the University of Trieste Professor Annamaria Olivieri, Full professor at the University of Parma

Reviews

From the reviews:

“This book provides a basic introduction, at an undergraduate or professional level, to the technical and financial aspects of insurance mathematics, with an emphasis to life insurance. … Every chapter is enriched by a selection of references for further reading. The book avoids complex mathematical tools, and it is best used as a textbook in an advanced undergraduate course in life insurance, with an extra glance at non-life and social insurance, or as a introductory manual for professionals.” (Giovanni Puccetti, Zentralblatt MATH, Vol. 1211, 2011)

Table of contents (9 chapters)

  • Risks and insurance

    Olivieri, Annamaria (et al.)

    Pages 1-67

  • Managing a portfolio of risks

    Olivieri, Annamaria (et al.)

    Pages 69-140

  • Life insurance: modeling the lifetime

    Olivieri, Annamaria (et al.)

    Pages 141-195

  • Life insurance: pricing

    Olivieri, Annamaria (et al.)

    Pages 197-243

  • Life insurance: reserving

    Olivieri, Annamaria (et al.)

    Pages 245-290

Buy this book

eBook $54.99
price for USA (gross)
  • ISBN 978-3-642-16029-5
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Rent the ebook  
  • Rental duration: 1 or 6 month
  • low-cost access
  • online reader with highlighting and note-making option
  • can be used across all devices
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Bibliographic Information

Bibliographic Information
Book Title
Introduction to Insurance Mathematics
Book Subtitle
Technical and Financial Features of Risk Transfers
Authors
Copyright
2011
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer Berlin Heidelberg
eBook ISBN
978-3-642-16029-5
DOI
10.1007/978-3-642-16029-5
Edition Number
1
Number of Pages
XV, 475
Number of Illustrations and Tables
180 b/w illustrations
Topics