Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $9.99/month after trial. Cancel anytime.

    Stochastic Processes for Insurance and Finance
    Stochastic Processes for Insurance and Finance
    Stochastic Processes for Insurance and Finance
    Ebook507 pages14 hours

    Stochastic Processes for Insurance and Finance

    By Tomasz Rolski, Hanspeter Schmidli, V. Schmidt and Jozef L. Teugels

    ()

    Read preview

    About this ebook

    Stochastic Processes for Insurance and Finance offers a thorough yet accessible reference for researchers and practitioners of insurance mathematics. Building on recent and rapid developments in applied probability, the authors describe in general terms models based on Markov processes, martingales and various types of point processes.
    Discussing frequently asked insurance questions, the authors present a coherent overview of the subject and specifically address:
    · The principal concepts from insurance and finance
    · Practical examples with real life data
    · Numerical and algorithmic procedures essential for modern insurance practices
    Assuming competence in probability calculus, this book will provide a fairly rigorous treatment of insurance risk theory recommended for researchers and students interested in applied probability as well as practitioners of actuarial sciences.

    Wiley Series in Probability and Statistics
    LanguageEnglish
    PublisherWiley
    Release dateSep 25, 2009
    ISBN9780470317884
    Stochastic Processes for Insurance and Finance

    Related to Stochastic Processes for Insurance and Finance

    Titles in the series (100)

    View More
    View More

    Related ebooks

    Mathematics For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      The 11 Best ETFs to Buy for Portfolio Protection

      Aug 5, 2019

      The stock market took a gut punch recently as a number of on-again, off-again headwinds started to blow at the same time. Investors quickly turned tail, seeking out more protective positions. Unsurprisingly, this trend led to an influx of inflows int

      12 min read

    • Article

      Nozick on Taxation: The Necessity of Funding the Legitimate State

      Sep 21, 2024

      In his inimitably provocative style, the libertarian Robert Nozick in 1974 declared that “taxation of earnings from labor is on a par with forced labor” (169). A bold claim for a Harvard professor. Nozick’s line stands alongside other famous tax quot

      22 min read

    • Article

      Learn From Your Mistakes

      Apr 29, 2022

      Netflix’s disappointing results (see page 6) have proved costly for hedge fund manager Bill Ackman. Earlier this year, Ackman built a $1.1bn stake in the streaming giant, which had just endured another big sell-off, via his Pershing Square investment

      2 min read

    • Article

      The Misanthropic History Man

      Feb 29, 2024

      IN THAT STRANGELY COMPLACENT DREAMTIME between the financial crash and the rise of populism, Yuval Noah Harari became a global superstar. The young Israeli history professor is frequently described as the world’s most-read public intellectual, while

      4 min read

    • Article

      The Coming Climate Crisis

      Jan 22, 2019

      The Coming Climate Crisis
      7 min read

    • Article

      The Nuclear Option

      Jun 2, 2023

      The Nuclear Option
      4 min read

    • Article

      From Hegel to Hollywood

      Oct 26, 2023

      FROM MY WINDOW SEAT, WHERE THIS essay is being written, my field of vision encompasses the flotsam of a shipwreck — the shipwreck of a self-destructive civilisation. Our sitting room has two lamps salvaged from a Viennese house designed by the Austri

      5 min read

    • Article

      The Trust Revolution: How the Digitalization of Trust Will Revolutionize Business and Government

      Jul 1, 2020

      By M. Todd Henderson and Salen Churi New York: Cambridge University Press, 2019. Pp. xvii, 215. $29.99 paperback. The Trust Revolution provides an account of the role that trust plays in improving human conditions and of how technology can shape that

      6 min read

    • Article

      Portfolio For The Common Man

      Jan 17, 2019

      Portfolio For The Common Man
      5 min read

    • Article

      Specifications

      May 27, 2022

      Manufacturer .............................................................................................................................................................. Conqueror Model .............................................................

      1 min read

    • Article

      Clip And Win

      Sep 2, 2019

      PAGE 2 : MY PET: Send in a picture of your teacher and tell us why they are so cool. ........................................................................................................................................................... PAGE 5 :

      1 min read

    • Article

      Business applications For Quantum computing

      May 1, 2022

      COMPUTERS DO ARITHMETIC. Underlying every amazing application of computers today is math, calculated using binary digits or ‘bits.’ The original computers of the early 1950s could perform about 465 multiplications per second — much faster than the ‘h

      11 min read

    • Article

      Specifications

      May 28, 2021

      Model .......................................................................................................... Edgeout Sleeps ..................................................................................................................... 2-4

      1 min read

    • Article

      Buyer’s Guide

      Mar 11, 2024

      1. Oneida Super Cell Dust Collector...............................................................#188598, $2,899.00 2. MagFitt 4" Magnetic Hose Connector..................................................................#189115, $19.99 3. MagFitt 4"

      2 min read

    • Article

      YOUR BLADE SHOW GUIDE TO BOOTH & TABLE EXHIBITORS*

      May 16, 2023

      Exhibitor Name. . . . . . . . . . . . . . . . . . . . . . . . Space Id 3LEAF Customs. . . . . . . . . . . . . . . . . . . . . . . . . . .. 2414 A.G. Russell. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1610 Abrams & Co. ...............

      58 min read

    • Article

      Buyer's Guide

      May 8, 2023

      1. DeWalt 20V Max XR Brushless Cordless Biscuit Joiner (Tool Only).....................................dewalt.com, #DCW682B, $279.00 1. Whiteside Dovetail Router Bit, 14°, 3⁄8" D, 3⁄8" CL, 1⁄4" SH................#24D45, $24.99 2. Whiteside Carbide Pi

      1 min read

    • Article

      Buyer's Guide

      Nov 6, 2023

      1. Jet 12" Planer/Jointer JPJ-12BHH – 3hp, 1ph, 230V......................#184282, $5,599.99 1. Leopardwood, 3⁄4 x 4 x 48"..............................................................................................#161557, $63.99 1. Plug and Tenon

      2 min read

    • Article

      RITZER, McDONALD E PALLADIO

      Dec 23, 2020

      RITZER, McDONALD E PALLADIO
      2 min read

    • Article

      Statement Of Ownership

      Dec 6, 2022

      As required by Title 39, Section 3685 United States Code below is the Statement of Ownership, Management, and Circulation of Sound & Vision. 1. Publication Title: Sound & Vision 2. Publication Number: ISSN 1537-5838 3. Filing Date: 10/01/22 4. Issue

      2 min read

    • Article

      Sources

      Aug 31, 2021

      Most of the materials and supplies you’ll need to build the projects are available at hardware stores or home centers. For specific products or hard-to-find items, take a look at the sources listed here. You’ll find each part number listed by the com

      1 min read

    • Article

      Statement Of Ownership

      Dec 7, 2021

      As required by Title 39, Section 3685 United States Code below is the Statement of Ownership, Management, and Circulation of Sound & Vision. 1. Publication Title: Sound & Vision 2. Publication Number: ISSN 1537-5838 3. Filing Date: 10/01/21 4. Issue

      2 min read

    Related categories

    Reviews for Stochastic Processes for Insurance and Finance

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Stochastic Processes for Insurance and Finance - Tomasz Rolski

      Enjoying the preview?
      Page 1 of 1