000 02626nam a22004935i 4500
001 978-3-642-14852-1
003 DE-He213
005 20140220084543.0
007 cr nn 008mamaa
008 100907s2010 gw | s |||| 0|eng d
020 _a9783642148521
_9978-3-642-14852-1
024 7 _a10.1007/978-3-642-14852-1
_2doi
050 4 _aHB135-147
072 7 _aKF
_2bicssc
072 7 _aMAT003000
_2bisacsh
072 7 _aBUS027000
_2bisacsh
082 0 4 _a519
_223
100 1 _aWüthrich, Mario V.
_eauthor.
245 1 0 _aMarket-Consistent Actuarial Valuation
_h[electronic resource] /
_cby Mario V. Wüthrich, Hans Bühlmann, Hansjörg Furrer.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg,
_c2010.
300 _aXI, 157p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aEAA Series,
_x1869-6929
505 0 _aStochastic discounting -- Valuation portfolio in life insurance -- Financial risks -- Valuation portfolio in non-life insurance -- Selected Topics.
520 _aIt is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.
650 0 _aMathematics.
650 0 _aFinance.
650 0 _aBanks and banking.
650 1 4 _aMathematics.
650 2 4 _aQuantitative Finance.
650 2 4 _aFinance /Banking.
700 1 _aBühlmann, Hans.
_eauthor.
700 1 _aFurrer, Hansjörg.
_eauthor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783642148514
830 0 _aEAA Series,
_x1869-6929
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-642-14852-1
912 _aZDB-2-SMA
999 _c112546
_d112546