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Pricing in General Insurance

Based on the syllabus of the actuarial industry course on general insurance pricing - with additional material inspired by the author's own experience as a practitioner and lecturer - Pricing in General Insurance presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate. The main strength of this approach is that it imposes a reasonably linear narrative on the material and allows the reader to see pricing as a story and go back to the big picture at any time, putting things into context. Written with both the student and the practicing actuary in mind, this pragmatic textbook and professional reference: * Complements the standard pricing methods with a description of techniques devised for pricing specific products (e.g., non-proportional reinsurance and property insurance) * Discusses methods applied in personal lines when there is a large amount of data and policyholders can be charged depending on many rating factors * Addresses related topics such as how to measure uncertainty, incorporate external information, model dependency, and optimize the insurance structure * Provides case studies, worked-out examples, exercises inspired by past exam questions, and step-by-step methods for dealing concretely with specific situations Pricing in General Insurance delivers a practical introduction to all aspects of general insurance pricing, covering data preparation, frequency analysis, severity analysis, Monte Carlo simulation for the calculation of aggregate losses, burning cost analysis, and more.

Key terms for this product: Hardcover | CRC Press Inc | ABIS_BOOK

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The Insurance Management Playbook: A Leader's Guide

Whether you're an insurance management veteran looking for a fresh perspective or gearing up to become the next great executive, this book's for you! The best advice you can get is from someone who has been through the industry in different product lines, numerous countries, and multi-national as well as start-up company environments. Enter The Insurance Management Playbook, filled with common sense wisdom and advice, learned through more than fifteen years of international experience. This helpful handbook covers it all from superior customer and claims service to situational leadership, finance, investing, and budgeting, to the tough world of start-ups and M&A. Through personal anecdotes and a distinctive sense of humor, the Playbook explores the good, bad, and ugly aspects of the insurance industry, encouraging a better and more efficient and profitable future to come.

Key terms for this product: Paperback | Createspace | ABIS_BOOK

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Amazon Protect 5 year Breakdown & Accidental Damage Cover for Audio Systems from £100 to £149.99

Key terms for this product: Accessory | London General Insurance Company Limited | Mechanical and electrical breakdown cover including accidental damage. | ACCESSORY_OR_PART_OR_SUPPLY

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Insurance & Behavioral Economics: Improving Decisions in the Most Misunderstood Industry

Insurance and Behavioral Economics This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation. Full description

Key terms for this product: Paperback | ABIS_BOOK

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Insurance Risk Management and Reinsurance

Risk being its raw material, insurance has developed various techniques of valuation and risk transfer. Nowadays, these techniques - and first of all reinsurance, the favourite way of transferring risk- are entirely reassessed considering the development of Corporate Finance theory. Therefore, the approach retained here, originally for the actuarial course at ENSAE, Paris may surprise some readers and students as it proposes a extended view of risk. We cover not only the mathematical aspects of Risk Management but also other fields relevant for Risk Management from economy or finance. We aim here at making bridges between all these fields through practical application to cat and life risk-management.

Key terms for this product: Paperback | Lulu.com | ABIS_BOOK

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Inside the Insurance Industry - Third Edition

Let author, Kevin L. Glaser, CPCU, CIC, SCLA, ARM, AAI, AIC, ARM-P, AIS, share with you his wealth o....

Key terms for this product: Paperback | ABIS_BOOK

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Insurance Theory and Practice

This book provides a comprehensive overview of the theory, functioning, management and legal background of the insurance industry. Written in accessible, non-technical style, Insurance Theory and Practice begins with an examination of the insurance concept, its guiding principles and legal rules before moving on to an analysis of the market, its players and their roles and relationships.

Key terms for this product: Paperback | New | ABIS_BOOK

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Understanding the Insurance Industry 2015 Edition: An Overview for Those Working with and in One of the World's Most Interesting and Vital Industries.

An Overview for Those Interested In the Insurance Industry. A.M. Best Company publishes Understanding the Insurance Industry to provide an explanation of how the insurance industry operates, generates revenue and provides opportunities for people of a wide range of talents and interests. It's designed to provide readers with an overview of the insurance industry, particularly how it operates in the United States. It's also designed to be an easy-to-follow introduction to the insurance industry for students, new employees, prospects and those who would like to learn more about one of the world's most interesting and important financial service industries. We've designed this book in six sections: the overview, property/casualty sector (also known as nonlife insurance), life, health, reinsurance and alternative risk transfer, and the function of A.M. Best in the industry.

Key terms for this product: Paperback | Createspace | ABIS_BOOK

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How the World Really Works: Insurance at Lloyd's of London

How the World Really Works: Insurance at Lloyd's of London

Key terms for this product: Paperback | Guy Fox Publishing | New | ABIS_BOOK

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Dictionary of Insurance Terms (Barron's Business Dictionaries) (Barron's Dictionary of Insurance Terms)

Dictionary of Insurance Terms This quick-reference fact finder defines approximately 4,500 key terms that apply to life, health, property, casualty, home owners', tenants', and professional liability insurance. Also included and defined in detail are important terms that apply to pension plans and individual retirement accounts. Newly updated to reflect changes in federal and local legislation, this book is a valuable guide fo... Full description

Key terms for this product: Paperback | ABIS_BOOK

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