In the years since the publication of the best-selling first edition, the incorporation of ideas and theories from the rapidly growing field of financial economics has precipitated considerable development of thinking in the actuarial profession. Modern Actuarial Theory and Practice, Second Edition integrates those changes and presents an up-to-date, comprehensive overview of UK and international actuarial theory, practice and modeling. It describes all of the traditional areas of actuarial activity, but in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.
- ISBN10 1584883685
- ISBN13 9781584883685
- Publish Date 28 December 2004 (first published 20 October 1998)
- Publish Status Active
- Publish Country US
- Publisher Taylor & Francis Ltd
- Imprint Chapman & Hall/CRC
- Edition 2nd edition
- Format Hardcover
- Pages 834
- Language English