Market-Consistent Actuarial Valuation [recurso electrónico] / by Mario V. Wüthrich, Hans Bühlmann, Hansjörg Furrer.
Tipo de material: TextoSeries EAA SeriesEditor: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010Descripción: XI, 157p. online resourceTipo de contenido: text Tipo de medio: computer Tipo de portador: online resourceISBN: 9783642148521Tema(s): Mathematics | Finance | Banks and banking | Mathematics | Quantitative Finance | Finance /BankingFormatos físicos adicionales: Printed edition:: Sin títuloClasificación CDD: 519 Clasificación LoC:HB135-147Recursos en línea: Libro electrónicoTipo de ítem | Biblioteca actual | Colección | Signatura | Copia número | Estado | Fecha de vencimiento | Código de barras |
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Libro Electrónico | Biblioteca Electrónica | Colección de Libros Electrónicos | HB135 -147 (Browse shelf(Abre debajo)) | 1 | No para préstamo | 374878-2001 |
Stochastic discounting -- Valuation portfolio in life insurance -- Financial risks -- Valuation portfolio in non-life insurance -- Selected Topics.
It 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.
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