Nonlife Actuarial Models: Theory, Methods and Evaluation (International Series on Actuarial Science)

Looking to pass your actuarial exams and put your knowledge into practice? Look no further than "Nonlife Actuarial Models: Theory, Methods and Evaluation". This comprehensive book follows the Society of Actuaries' short-term actuarial mathematics syllabus while focusing on the practical application of nonlife actuarial models. Whether you're an undergraduate student studying actuarial science or a professional preparing for your exams, this class-tested textbook is the perfect resource for you.

One of the key topics covered in this book is loss modeling. Gain a deep understanding of how to model and analyze losses, allowing you to make accurate and informed decisions in the insurance industry. Additionally, you'll explore risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. With the second edition, which includes two new chapters on loss reserving and ratemaking, you'll stay up-to-date with the evolving actuarial curriculum.

What sets this book apart is its integration of the statistical programming language R. By using R as the computation tool throughout the book, you'll develop the necessary coding skills to apply actuarial concepts in real-world scenarios. The R code featured in the book is conveniently accessible on the webpage, along with lecture slides for further understanding and practice. Expect numerous examples and exercises, many of which are adapted from past Society of Actuaries exams, to strengthen your knowledge and ensure exam success.

Don't miss out on this valuable resource. Take your actuarial career to new heights with "Nonlife Actuarial Models: Theory, Methods and Evaluation". Start your journey today by clicking here to order your copy.