Actuarial Modelling of Claim Counts
Risk Classification, Credibility and Bonus-malus Systems
Normal Price: $211.95
Your Price: $190.76 AUD, inc. GST
Shipping: $7.95 per order
You Save: $21.19! (10% off normal price)
Plus...earn $9.54 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Actuarial Modelling of Claim Counts by Michel Denuit
Book DescriptionThere are a wide range of variables for actuaries to consider when calculating a motorist's insurance premium, such as age, gender and type of vehicle. Further to these factors, motorists' rates are subject to experience rating systems, including credibility mechanisms and Bonus Malus systems (BMSs). Actuarial Modelling of Claim Counts presents a comprehensive treatment of the various experience rating systems and their relationships with risk classification. The authors summarize the most recent developments in the field, presenting ratemaking systems, whilst taking into account exogenous information. The text:* Offers the first self-contained, practical approach to a priori and a posteriori ratemaking in motor insurance.* Discusses the issues of claim frequency and claim severity, multi-event systems, and the combinations of deductibles and BMSs.* Introduces recent developments in actuarial science and exploits the generalised linear model and generalised linear mixed model to achieve risk classification.* Presents credibility mechanisms as refinements of commercial BMSs.* Provides practical applications with real data sets processed with SAS software. Actuarial Modelling of Claim Counts is essential reading for students in actuarial science, as well as practicing and academic actuaries. It is also ideally suited for professionals involved in the insurance industry, applied mathematicians, quantitative economists, financial engineers and statisticians.
Buy Actuarial Modelling of Claim Counts book by Michel Denuit from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780470026779
(253mm x 177mm x 27mm)
Publisher: John Wiley and Sons Ltd
Publish Date: 10-Aug-2007
Country of Publication: United States
» Have you read this book? We'd like to know what you think about it - write a review about Actuarial Modelling of Claim Counts book by Michel Denuit and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Michel Denuit
Michel Denuit - Professor, Institute of Actuarial Science, UCL, Belgium. Michel Denuit is Professor of Statistics and Actuarial Science at the Universite Catholique de Louvain, Belgium. His major fields of research are risk theory and stochastic inequalities. He has (co-)authored numerous articles that have appeared in applied and theoretical journals and served as member of the editorial board for several journals (including Insurance: Mathematics and Economics). He is a section editor on Wiley's Encyclopedia of Actuarial Science, and is the author of two previous books, one of them with Wiley. Xavier Marechal - Universite Catholique de Louvain, Belgium & CEO of Reacfin, Belgium. Sandra Pitrebois - Universite Catholique de Louvain, Belgium & Secura Belgian Re, Brussels. Jean-Francois Walhin - Universite Catholique de Louvain, Belgium & Secura Belgian Re, Brussels
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2017. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.