Loss Models by Stuart A. Klugman, Harry H. Panjer and Gordon E. Willmot, ISBN: 9780471238843 at the Global Investor Bookshop

	Loss Models From Data to Decisions by Stuart A. Klugman , Harry H. Panjer and Gordon E Willmot - OUT OF PRINT - This book is no longer available from Global Investor. You may be able to find a second-hand copy at ABEBooks, the world's largest online marketplace for used, rare, and out-of-print books.
Product code: 10776 ISBN: 0471238848, ISBN13: 9780471238843, 672 pages, hardback Published by John Wiley & Sons Inc on 1998 , 1st Rate this book... Currently 0.00/5 1 2 3 4 5 Rating: 0.0/5 (0 votes cast) Write a review of this book Your Name : (as you wish it to appear on this site, optional) Your Review: Reviews are subject to our Terms and Conditions

Description of Loss Models
Much of actuarial science consists of constructing and analyzing mathematical models that describe how fluids flow into and out of an insurance system. This book examines contemporary topics such as risk theory and economics, credibility and stochastic processes with a focus on the loss process, or the outflow of cash due to the payment of benefits.
Contents of Loss Models
1. Introduction: a Model-Based Approach to Actuarial Science 2. Loss Distributions: Models for the Amount of a Single Payment 3. Frequency Distributions: Models for the Number of Payments 4. Aggregate Loss Models 5. Long-Term Models Appendices A. An Inventory of Continuous Distributions B. An Inventory of Discrete Distributions C. The Simplex Method D. Frequency and Severity Relationships E. Limited Expected Value Calculations F. The Recursive Formula G. Discretization of the Severity Distribution H. Simulation I. Answers to Selected Exercises
About Stuart A. Klugman, Harry H. Panjer and Gordon E. Willmot
STUART A. KLUGMAN, PhD, is a professor in the College of Business and Public Administration of Drake University, Des Moines, Iowa. HARRY H. PANJER, PhD, teaches in the Department of Statistics and Actuarial Science of the University of Waterloo, Ontario. GORDON E. WILLMOT, PhD, teaches in the Department of Statistics and Actuarial Science of the University of Waterloo.

Loss Models