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Author | : F. Etienne De Vylder |
Publisher | : Springer Science & Business Media |
Total Pages | : 186 |
Release | : 2013-03-09 |
Genre | : Business & Economics |
ISBN | : 1475726163 |
Download Life Insurance Theory Book in PDF, ePub and Kindle
This book is different from all other books on Life Insurance by at least one of the following characteristics 1-4. 1. The treatment of life insurances at three different levels: time-capital, present value and price level. We call time-capital any distribution of a capital over time: (*) is the time-capital with amounts Cl, ~, ... , C at moments Tl, T , ..• , T resp. N 2 N For instance, let (x) be a life at instant 0 with future lifetime X. Then the whole oO oO life insurance A is the time-capital (I,X). The whole life annuity ä is the x x time-capital (1,0) + (1,1) + (1,2) + ... + (I,'X), where 'X is the integer part ofX. The present value at 0 of time-capital (*) is the random variable T1 T TN Cl V + ~ v , + ... + CNV . (**) In particular, the present value ofA 00 and ä 00 is x x 0 0 2 A = ~ and ä = 1 + v + v + ... + v'X resp. x x The price (or premium) of a time-capital is the expectation of its present value. In particular, the price ofA 00 and äx 00 is x 2 A = E(~) and ä = E(I + v + v + ... + v'X) resp.
Author | : Robert Irwin Mehr |
Publisher | : Business Publications, Incorporated |
Total Pages | : 824 |
Release | : 1984 |
Genre | : Business & Economics |
ISBN | : |
Download Life Insurance Book in PDF, ePub and Kindle
Author | : Kaninika Mishra |
Publisher | : PHI Learning Pvt. Ltd. |
Total Pages | : 208 |
Release | : 2010 |
Genre | : Insurance |
ISBN | : 8120339258 |
Download Fundamentals Of Life Insurance: Theories And Applications Book in PDF, ePub and Kindle
Author | : Edward Bathurst Fackler |
Publisher | : |
Total Pages | : 218 |
Release | : 1907 |
Genre | : Insurance, Life |
ISBN | : |
Download Notes on Life Insurance Book in PDF, ePub and Kindle
Author | : Gustavus Woodson Smith |
Publisher | : |
Total Pages | : 210 |
Release | : 1875 |
Genre | : Life insurance |
ISBN | : |
Download Notes on Life Insurance Book in PDF, ePub and Kindle
Author | : J. François Outreville |
Publisher | : Springer Science & Business Media |
Total Pages | : 342 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461561876 |
Download Theory and Practice of Insurance Book in PDF, ePub and Kindle
Insurance is a concept, a technique, and an economic institution. It is a major tool of risk management, and plays an important role in the economic, social, and political life of all countries. Economic growth throughout the world has even expanded the role of insurance. Theory and Practice of Insurance aims to describe the significance of insurance institutions, the reasons they exist and how they function. The author emphasizes fundamental principles in risk and insurance, using an international frame of reference. This volume begins with an introduction to the concept of risk, then proceeds to cover insurance and its relationship to the economy; the principles of risk management and insurance; and the characteristics and performance of insurance companies.
Author | : Kenneth Black |
Publisher | : Pearson |
Total Pages | : 1080 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : |
Download Life & Health Insurance Book in PDF, ePub and Kindle
This current, accurate and detailed industry guide for financial service professionals examines life and health insurance simultaneously from the viewpoints of the buyer, the advisor, and the insurer--providing a comprehensive and unbiased treatise on individual and group life; a forthright appraisal of life and health insurance industry products with careful consideration of the environment; and a complete examination of life insurance company operations and regulation. Bases financial treatment of life insured operations on modern financial theory, and devotes entire chapters to the economics of life and health insurance; individual life and health insurance policies; life and health insurance evaluation; the uses of life and health insurance in personal and business planning; government and employee benefit plans; and the management, operation, and regulation of life insurance companies. Offers a strong global orientation, supporting fundamental concepts with an extensive integration of economic and financial theory and international comparisons, and examines how today's health insurance products fit into a broad framework from a contractual, cost, and performance viewpoints. New chapters on the tax treatment of life and health insurance address such areas as estate planning, retirement planning, and the business uses of life and health insurance. For financial planners, salesmen, actuaries, investment managers, attorneys, CPAs, and other financial service professionals.
Author | : Gustavus Woodson Smith |
Publisher | : |
Total Pages | : 136 |
Release | : 1876 |
Genre | : Life insurance |
ISBN | : |
Download Notes on Life Insurance Book in PDF, ePub and Kindle
Author | : Hans U. Gerber |
Publisher | : Springer Science & Business Media |
Total Pages | : 224 |
Release | : 2013-11-11 |
Genre | : Mathematics |
ISBN | : 3662034603 |
Download Life Insurance Mathematics Book in PDF, ePub and Kindle
From the reviews: "The highly esteemed 1990 first edition of this book now appears in a much expanded second edition. The difference between the first two English editions is entirely due to the addition of numerous exercises. The result is a truly excellent book, balancing ideally between theory and practice. ....As already hinted at above, this book provides the ideal bridge between the classical (deterministic) life insurance theory and the emerging dynamic models based on stochastic processes and the modern theory of finance. The structure of the bridge is very solid, though at the same time pleasant to walk along. I have no doubt that Gerber's book will become the standard text for many years to come. Metrika, 44, 1996, 2
Author | : Edward Bathurst Fackler |
Publisher | : Hardpress Publishing |
Total Pages | : 216 |
Release | : 2012-08 |
Genre | : History |
ISBN | : 9781290535991 |
Download Notes on Life Insurance; the Theory of Life Insurance Practically Explained Book in PDF, ePub and Kindle
Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.