| Description |
1 online resource (xxv, 534 pages) : illustrations |
| Contents |
Front Cover; Contents; Preface; Acknowledgements; Chapter 1: Pricing Process: A Gentle Start; Chapter 2: Insurance and Reinsurance Products; Chapter 3: The Policy Structure; Chapter 4: The Insurance Markets; Chapter 5: Pricing in Context; Chapter 6: The Scientific Basis for Pricing: Risk Loss Models and the Frequency/Severity Risk Costing Process; Chapter 7: Familiarise Yourself with the Risk; Chapter 8: Data Requirements for Pricing; Chapter 9: Setting the Claims Inflation Assumptions; Chapter 10: Data Preparation; Chapter 11: Burning Cost Analysis |
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Chapter 12: What Is This Thing Called Modelling?Chapter 13: Frequency Modelling: Adjusting for Claim Count IBNR; Chapter 14: Frequency Modelling: Selecting and Calibrating a Frequency Model; Chapter 15: Severity Modelling: Adjusting for IBNER and Other Factors; Chapter 16: Severity Modelling: Selecting and Calibrating a Severity Model; Chapter 17: Aggregate Loss Modelling; Chapter 18: Identifying, Measuring and Communicating Uncertainty; Chapter 19: From Costing to Pricing; Chapter 20: Experience Rating for Non-Proportional Reinsurance; Chapter 21: Exposure Rating for Property |
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Chapter 22: Liability Rating Using Increased Limit Factor CurvesChapter 23: Pricing Considerations for Specific Lines of Business; Chapter 24: Catastrophe Modelling; Chapter 25: Credibility Theory; Chapter 26: Rating Factor Selection and Generalised Linear Modelling; Chapter 27: Multilevel Factors and Smoothing; Chapter 28: Pricing Multiple Lines of Business and Risks; Chapter 29: Insurance Structure Optimisation; References; Back Cover |
| Summary |
""Memorializing much of standard actuarial practice, as well as introducing some more advanced topics, Pricing General Insurance provides comprehensive coverage of the core techniques currently used in the insurance market. Its treatment of actuarial methods within a real-world business context of different lines of insurance, types of insurer, and types of coverage, as well as the regulatory environment, makes it especially relevant and helpful to practicing actuaries today.""--Stephen J. Mildenhall, Aon Center for Innovation and Analytics (ACIA), Singapore""Effective pricing is key to the suc |
| Bibliography |
Includes bibliographical references (pages 531-534) |
| Notes |
Online resource; title from title page (Safari, viewed January 8, 2015) |
| Subject |
Insurance -- Rates.
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Insurance premiums.
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Pricing.
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Price fixing.
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BUSINESS & ECONOMICS -- Finance.
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MATHEMATICS -- General.
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MATHEMATICS -- Probability & Statistics -- General.
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BUSINESS & ECONOMICS -- Insurance -- Risk Assessment & Management.
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Price fixing
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Insurance premiums
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Insurance -- Rates
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Pricing
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| Form |
Electronic book
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| ISBN |
9781466581487 |
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1466581484 |
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