Market-Consistent Actuarial Valuation

Market-Consistent Actuarial Valuation
Author :
Publisher : Springer Science & Business Media
Total Pages : 164
Release :
ISBN-10 : 9783642148521
ISBN-13 : 3642148522
Rating : 4/5 (522 Downloads)

Book Synopsis Market-Consistent Actuarial Valuation by : Mario V. Wüthrich

Download or read book Market-Consistent Actuarial Valuation written by Mario V. Wüthrich and published by Springer Science & Business Media. This book was released on 2010-09-02 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.


Market-Consistent Actuarial Valuation Related Books

Market-Consistent Actuarial Valuation
Language: en
Pages: 164
Authors: Mario V. Wüthrich
Categories: Mathematics
Type: BOOK - Published: 2010-09-02 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different
Market-Consistent Actuarial Valuation
Language: en
Pages: 145
Authors: Mario V. Wüthrich
Categories: Business & Economics
Type: BOOK - Published: 2016-10-22 - Publisher: Springer

DOWNLOAD EBOOK

This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with d
Market-Consistent Actuarial Valuation
Language: en
Pages: 126
Authors: Mario Valentin Wüthrich
Categories: Business & Economics
Type: BOOK - Published: 2008 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

Presents powerful methods to measure liabilities and assets in the same way. The mathematical framework that leads to market-consistent values for insurance lia
Financial Modeling, Actuarial Valuation and Solvency in Insurance
Language: en
Pages: 438
Authors: Mario V. Wüthrich
Categories: Mathematics
Type: BOOK - Published: 2013-04-04 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

Risk management for financial institutions is one of the key topics the financial industry has to deal with. The present volume is a mathematically rigorous tex
Market Consistency
Language: en
Pages: 647
Authors: Malcolm Kemp
Categories: Business & Economics
Type: BOOK - Published: 2009-09-10 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

Achieving market consistency can be challenging, even for the most established finance practitioners. In Market Consistency: Model Calibration in Imperfect Mark