Editors:
- Explores a broad range of aspects of modelling
- in modern life insurance
- Provides views and objectives of the top
- management of insurance companies
- Examines modelling activities within the context of consumer needs, the public interest and business objectives
- Includes supplementary material: sn.pub/extras
Part of the book series: EAA Series (EAAS)
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Table of contents (12 chapters)
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Front Matter
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Life Insurance Context
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Front Matter
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Design and Implementation of Life Insurance Models
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Front Matter
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Model Validation and Steering Processes
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Front Matter
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Models and Business Processes
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Front Matter
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Back Matter
About this book
Focusing on life insurance and pensions, this book addresses various aspects of modelling in modern insurance: insurance liabilities; asset-liability management; securitization, hedging, and investment strategies. With contributions from internationally renowned academics in actuarial science, finance, and management science and key people in major life insurance and reinsurance companies, there is expert coverage of a wide range of topics, for example: models in life insurance and their roles in decision making; an account of the contemporary history of insurance and life insurance mathematics; choice, calibration, and evaluation of models; documentation and quality checks of data; new insurance regulations and accounting rules; cash flow projection models; economic scenario generators; model uncertainty and model risk; model-based decision-making at line management level; models and behaviour of stakeholders.
With author profiles ranging from highly specialized model builders to decision makers at chief executive level, this book should prove a useful resource to students and academics of actuarial science as well as practitioners.
Keywords
- Life insurance models and decision-making
- Contemporary history of life insurance mathematics
- Choice, calibration and evaluation of insurance models
- Insurance regulations and accounting rules
- Cash flow projection models
- Economic scenario generators
- Decision-making at line management level
- quantitative finance
- insurance
Editors and Affiliations
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Université Paris 1 Panthéon - Sorbonne, Paris, France
Jean-Paul Laurent
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Univ Lyon–Université Lyon 1–ISFA–LSAF, Lyon Cedex 7, France
Ragnar Norberg
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Univ Lyon-Université Lyon 1–ISFA–LSAF, Lyon Cedex 7, France
Frédéric Planchet
Bibliographic Information
Book Title: Modelling in Life Insurance – A Management Perspective
Editors: Jean-Paul Laurent, Ragnar Norberg, Frédéric Planchet
Series Title: EAA Series
DOI: https://doi.org/10.1007/978-3-319-29776-7
Publisher: Springer Cham
eBook Packages: Mathematics and Statistics, Mathematics and Statistics (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2016
Softcover ISBN: 978-3-319-29774-3Published: 11 May 2016
eBook ISBN: 978-3-319-29776-7Published: 02 May 2016
Series ISSN: 1869-6929
Series E-ISSN: 1869-6937
Edition Number: 1
Number of Pages: XVI, 255
Number of Illustrations: 4 b/w illustrations, 38 illustrations in colour
Topics: Quantitative Finance, Actuarial Sciences, Statistics for Business, Management, Economics, Finance, Insurance, Insurance