Actuarial Mathematics for Life Contingent Risks, 3/e (Hardcover)

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.

這本廣受歡迎的《壽險數學》第三版經過大幅更新，適合高年級本科生和研究生的精算學專業學生、準備專業精算考試的實習精算師以及希望增加或更新技術知識的壽險業從業人員閱讀。作者在數學理論之外提供直觀的解釋，使讀者能夠深入理解材料，並能夠在實際情況中應用它並在不斷變化的保險環境中調整結果。主題包括現代精算範式，如多重狀態模型、現金流預測方法和期權理論，這些都是管理當代複雜的長期保險產品所必需的。大量的考試題目讓讀者為傳統的專業精算考試做好準備，並且廣泛使用Excel確保讀者為現代基於Excel的考試和精算工作環境做好準備。解答手冊（ISBN 9781108747615）可單獨購買，提供對教材練習題的詳細解答。