Skip to main content

Risk Theory

  • Book
  • © 2017

Overview

  • Provides a self-contained introduction to important methods in non-life insurance
  • Covers the Ammeter risk model and the Markov-modulated risk model in detail
  • Discusses aspects of solvency and links to Solvency II

Part of the book series: Springer Actuarial (SPACT)

Part of the book sub series: Springer Actuarial Lecture Notes (SPACLN)

This is a preview of subscription content, log in via an institution to check access.

Access this book

eBook USD 44.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 59.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (9 chapters)

Keywords

About this book

This book provides an overview of classical actuarial techniques, including material that is not readily accessible elsewhere such as the Ammeter risk model and the Markov-modulated risk model. Other topics covered include utility theory, credibility theory, claims reserving and ruin theory. The author treats both theoretical and practical aspects and also discusses links to Solvency II.

Written by one of the leading experts in the field, these lecture notes serve as a valuable introduction to some of the most frequently used methods in non-life insurance. They will be of particular interest to graduate students, researchers and practitioners in insurance, finance and risk management.

Authors and Affiliations

  • Institute of Mathematics, University of Cologne, Cologne, Germany

    Hanspeter Schmidli

About the author

Hanspeter Schmidli is Professor of Stochastics and Actuarial Mathematics at the University of Cologne, Germany. He is one of the leading experts in the areas of optimization in insurance and ruin theory. He has published intensively in risk theory and related fields, having (co-)authored Stochastic Control in Insurance (Springer, 2008) and Stochastic Processes for Insurance and Finance (Wiley, 1999), which continue to be widely used resources.

Bibliographic Information

Publish with us