TY  - GEN
TY  - GEN
T1  - Market-Consistent Actuarial Valuation
T2  - EAA Series,
A1  - Wüthrich, Mario V.
A2  - Bühlmann, Hans.
A2  - Furrer, Hansjörg.
LA  - English
PP  - Berlin, Heidelberg
PB  - Springer Berlin Heidelberg : Imprint: Springer
YR  - 2008
ED  - 1st ed. 2008.
UL  - http://discoverylib.upm.edu.my/discovery/Record/978-3-540-73643-1
AB  - 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. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in the same 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, Valuation portfolio in life and non-life insurance, Asset and liability management, Financial risks, Insurance technical risks, and Solvency.
OP  - 120
CN  - HB135-147
SN  - 9783540736431
KW  - Economics, Mathematical .
KW  - Finance.
KW  - Quantitative Finance.
KW  - Finance, general.
ER  -