03371nam 22006495 450 991025409300332120200701140740.03-319-46636-410.1007/978-3-319-46636-1(CKB)3710000000926151(DE-He213)978-3-319-46636-1(MiAaPQ)EBC6315218(MiAaPQ)EBC5589206(Au-PeEL)EBL5589206(OCoLC)961474344(PPN)196324076(EXLCZ)99371000000092615120161022d2016 u| 0engurnn|008mamaatxtrdacontentcrdamediacrrdacarrierMarket-Consistent Actuarial Valuation[electronic resource] /by Mario V. Wüthrich3rd ed. 2016.Cham :Springer International Publishing :Imprint: Springer,2016.1 online resource (XII, 138 p. 10 illus., 9 illus. in color.) EAA Series,1869-69293-319-46635-6 Introduction -- Stochastic discounting -- The valuation portfolio in life insurance -- Financial risks and solvency -- The valuation portfolio in non-life insurance -- References -- Index.This is the third edition of this well-received textbook, presenting powerful methods for measuring insurance liabilities and assets in a consistent way, with detailed mathematical frameworks that lead to market-consistent values for liabilities. 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. Including updates on recent developments and regulatory changes under Solvency II, this new edition of Market-Consistent Actuarial Valuation also elaborates on different risk measures, providing a revised definition of solvency based on industry practice, and presents an adapted valuation framework which takes a dynamic view of non-life insurance reserving risk.EAA Series,1869-6929Actuarial scienceEconomics, Mathematical Statistics InsuranceActuarial Scienceshttps://scigraph.springernature.com/ontologies/product-market-codes/M13080Quantitative Financehttps://scigraph.springernature.com/ontologies/product-market-codes/M13062Statistics for Business, Management, Economics, Finance, Insurancehttps://scigraph.springernature.com/ontologies/product-market-codes/S17010Insurancehttps://scigraph.springernature.com/ontologies/product-market-codes/626030Actuarial science.Economics, Mathematical .Statistics .Insurance.Actuarial Sciences.Quantitative Finance.Statistics for Business, Management, Economics, Finance, Insurance.Insurance.368.3201Wüthrich Mario Vauthttp://id.loc.gov/vocabulary/relators/aut755967MiAaPQMiAaPQMiAaPQBOOK9910254093003321Market-consistent actuarial valuation1523433UNINA