Add free shipping to your order with these great books
Actuarial Mathematics for Life Contingent Risks : 3rd edition - David C. M. Dickson

Actuarial Mathematics for Life Contingent Risks

3rd edition

By: David C. M. Dickson, Mary R. Hardy, Howard R. Waters

Hardcover | 19 December 2019 | Edition Number 3

At a Glance

FREE SHIPPING

Hardcover


RRP $147.95

$132.75

10%OFF

or 4 interest-free payments of $33.19 with

 or 
In Stock and Aims to ship next day
The substantially updated third edition of the popular Actuarial Mathematics for Life Contingent Risks is suitable for advanced undergraduate and graduate students of actuarial science, for trainee actuaries preparing for professional actuarial examinations, and for life insurance practitioners who wish to increase or update their technical knowledge.

The authors provide intuitive explanations alongside mathematical theory, equipping readers to understand the material in sufficient depth to apply it in real-world situations and to adapt their results in a changing insurance environment. Topics include modern actuarial paradigms, such as multiple state models, cash-flow projection methods and option theory, all of which are required for managing the increasingly complex range of contemporary long-term insurance products.

Numerous exam-style questions allow readers to prepare for traditional professional actuarial exams, and extensive use of Excel ensures that readers are ready for modern, Excel-based exams and for the actuarial work environment. The Solutions Manual (ISBN 9781108747615), available for separate purchase, will provide detailed solutions to the text's exercises.
Industry Reviews
'Some decades ago, Life Contingencies were viewed as the boring part of actuarial mathematics. The third (substantially enlarged) edition of this classic is proof of how wrong that view was. Some of the most exciting developments of our field are taking place here. The authors are to be congratulated on having made the latter abundantly clear. This surely is my desert island book on the topic!' Paul Embrechts, Emeritus Professor of Insurance Mathematics, ETH Zurich
Review of the second edition: 'This book is an excellent textbook for undergraduate, master's level graduate students, and practitioners. It is easy to read, clearly written, and mathematically rigorous. The authors clearly emphasize important concepts and equations, helping readers to the see the forest from the trees. For example they box important formulas and present in bold type assumptions, formulas, statements, examples, and solutions. Many graphs, figures and tables compete a useful summary for the reader's convenience.' Kissop Lee, The American Statistician
Review of the second edition: 'The book is well written and the content is generally quite accessible ... The content focuses on examples of practical actuarial work through use of spreadsheets ... Overall, the book provides a good framework in life insurance contingencies so as to cover mortality, longevity interest rate modeling, pricing and guarantees. The strength of the book lies in the fact that this is the 2nd edition and reflects modern actuarial methods that have become popular since the last edition was published.' Gautam Kakar, Annals of Actuarial Science
Review of the first edition: 'The book is well written, well organized, and easy to read. It may be an excellent textbook for both undergraduate and graduate programs in actuarial science. It is also a rich source of useful information for practitioners of the actuarial profession and financial risk managers who seek a practical and inspiring guide to liability cash flow modeling and valuation.' Scandinavian Actuarial Journal

More in Accounting, Business & Finance Higher Education Textbooks

Commercial Applications of Company Law 2022 : 23rd Edition - Pamela Hanrahan
Essentials of Economics : 5th edition - Glenn Hubbard

RRP $159.45

$127.25

20%
OFF
Communications Toolkit : 5th edition - Jane Grellier

RRP $84.95

$74.25

13%
OFF
Thinking in Systems : A Primer - Donella Meadows

FREE SHIPPING

RRP $43.75

$32.90

25%
OFF
Principles of Marketing : 8th Edition - Gary Armstrong

RRP $177.05

$136.75

23%
OFF
Marketing 2ed : Theory, Evidence, Practice - Byron Sharp

RRP $143.95

$109.95

24%
OFF
Business Law : 5th edition - Nickolas James

RRP $136.95

$108.90

20%
OFF
Organisational Behaviour : Emerging knowledge, global insights 6th Edition - Steven McShane

RRP $147.95

$121.90

18%
OFF
ISE Investments : 13th Edition - Zvi Bodie

RRP $159.95

$130.75

18%
OFF
Financial Reporting Handbook 2021 Australia : Australian Edition - CAANZ (Chartered Accountants Australia & New Zealand)
Financial Institutions, Instruments And Markets : 9th Edition - Christopher Viney

RRP $154.95

$126.95

18%
OFF
Financial Reporting : 4th Edition - Janice Loftus

RRP $159.95

$137.25

14%
OFF
Lean Analytics : Use Data to Build a Better Startup Faster - Alistair Croll
Principles of Microeconomics - Richard Holden

RRP $146.95

$118.25

20%
OFF
Principles Of Macroeconomics : 5th Edition - Ben Bernanke

RRP $154.95

$126.95

18%
OFF
Management Accounting : 4th edition - Leslie G. Eldenburg

RRP $147.95

$127.90

14%
OFF
Financial Accounting : 12th Edition - John Hoggett

RRP $142.95

$123.95

13%
OFF
Financial Accounting : Reporting, Analysis and Decision Making - Shirley Carlon
Accounting : 8th Edition - Business Reporting for Decision Making - Jacqueline Birt
Economics for Today : 7th Edition - Allan Layton

RRP $149.95

$123.35

18%
OFF