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Modern Actuarial Theory and Practice, Second Edition

Modern Actuarial Theory and Practice, Second Edition
Authors: Philip Booth, Robert Chadburn, Steven Haberman, Dewi James, Zaki Khorasanee, Robert H. Plumb, Ben Rickayzen
Publisher: Chapman Hall/CRC
Category: Book

List Price: $104.95
Buy New: $64.07
You Save: $40.88 (39%)



New (18) Used (7) from $64.07

Avg. Customer Rating: 4.5 out of 5 stars 3 reviews
Sales Rank: 581795

Media: Hardcover
Edition: 2
Number Of Items: 1
Pages: 840
Shipping Weight (lbs): 2.9
Dimensions (in): 9.3 x 6.1 x 2

ISBN: 1584883685
Dewey Decimal Number: 368.01
EAN: 9781584883685
ASIN: 1584883685

Publication Date: December 28, 2004
Availability: Usually ships in 1-2 business days

Editorial Reviews:

Product Description
In the years since the publication of the first edition of this best-selling text, the incorporation of ideas and theories from the rapidly growing field of financial economics has precipitated considerable development of thinking in the actuarial profession. Modern Actuarial Theory and Practice, Second Edition integrates those changes and presents an up-to-date, comprehensive overview of UK and international actuarial theory, practice and modeling. It describes all of the traditional areas of actuarial activity, but in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.


Customer Reviews:

5 out of 5 stars excellent book   October 21, 2008
I'm very satisfiled with the book. So many useful stuff in one place. Recommending to anybody like insurance business.


5 out of 5 stars Everything you ever wanted to know about actuarial science   March 23, 2008
 2 out of 2 found this review helpful

"Modern Actuarial Theory and Practice" is an excellent reference book for actuaries and advanced actuarial students. It provides up to date overviews of all of the main issues in the traditional areas of actuarial science, that is, investments, life insurance, general insurance (a.k.a. property and casualty insurance), pensions and health insurance, with a reference list given at the end of each chapter, to allow the reader to pursue the topic further, if so desired. Each topic is clearly explained, and the detailed index and table of contents make it easy to find what you are looking for.br /br /This is a British text book, which was written in the context of the U.K. financial and insurance environments. However, most of the topics covered in this book are universal and as an Australian, I found this book to be just as useful as if it had been written for people in my country.br /br /Be aware that the authors' purpose in writing this book appears to be to provide a reference for practicing actuaries or students who are about to commence practicing as an actuary. As a result, there are only a few worked examples throughout this book and no practice exercises. I am currently doing a PhD in actuarial studies, and I am also a lecturer in actuarial studies at an Australian university. I found this book to be exactly what I needed to assist me in my PhD. However, most of the material in this text is too advanced for my final year undergraduate actuarial students.br /


4 out of 5 stars Useful and Relevant for Institute 300 series   February 3, 1999
 10 out of 16 found this review helpful

A very clear book covering the Exams in the 300 series for the institute of Actuaries. Topics include Pensions, investment, asset modeling and Life.

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