Wiley
Wiley.com

All the tools needed to construct and analyze actuarial models for the C/4 actuarial exam

Loss Models: From Data to Decisions, 4th Edition (1118315324) cover image
by Stuart A. Klugman, Harry H. Panjer, Gordon E. Willmot
September 2012, Hardcover (E-book also available)
US $154.95 Buy

An update of one of the most trusted books on constructing and analyzing actuarial models for the C/4 actuarial exam

This new, abridged edition has been thoroughly revised and updated to include the essential material related to Exam C of the Society of Actuaries' and Casualty Actuarial Society?s accreditation programs. The book maintains an approach to modeling and forecasting that utilizes tools related to risk theory, loss distributions, and survival models. Random variables, basic distributional quantities, the recursive method, and techniques for classifying and creating distributions are also discussed. Both parametric and non-parametric estimation methods are thoroughly covered along with advice for choosing an appropriate model.

Additional features of the fourth edition include:

  • Extended discussions of risk management and risk measures, including Tail-Value-at-Risk
  • Expanded coverage of copula models and their estimation
  • New sections on extreme value distributions and their estimations, compound frequency class of distributions, and estimation for the compound class.

Loss Models: From Data to Decisions, Fourth Edition is an essential resource for students and aspiring actuaries who are preparing to take the SOA and CAS preliminary examinations C/4. It is also a must-have reference for professional actuaries, graduate students in the actuarial field, and anyone who works with loss and risk models in their everyday work.

Loss Models: Further Topics (1118343565) cover image
Textbook
by Stuart A. Klugman, Harry H. Panjer, Gordon E. Willmot
August 2013, ©2013, Hardcover (E-book also available)
US $149.95 Buy

An essential resource for constructing and analyzing advanced actuarial models

Loss Models: Further Topics presents extended coverage of modeling through the use of tools related to risk theory, loss distributions, and survival models. The book uses these methods to construct and evaluate actuarial models in the fields of insurance and business. Providing an advanced study of actuarial methods, the book features extended discussions of risk modeling and risk measures, including Tail-Value-at-Risk. Loss Models: Further Topics contains additional material to accompany Loss Models: From Data to Decisions, Fourth Edition such as:

  • Extreme value distributions
  • Coxian and related distributions
  • Mixed Erlang distributions
  • Computational and analytical methods for aggregate claim models
  • Counting processes
  • Compound distributions with time-dependent claim amounts
  • Copula models
  • Continuous time ruin models
  • Interpolation and smoothing

The book is an essential reference for practicing actuaries and actuarial researchers who want to go beyond the material required for actuarial qualification. Loss Models: Further Topics is also an excellent resource for graduate students in the actuarial field.


ExamPrep for Actuarial C/4 (Six Month Online Access)
eKlugman ExamPrep provides an interactive method for working most of the exercises in Loss Models including, as well as providing, hints and step-by-step solutions. Many of the questions have a feature that makes random changes so that the same question can be worked more than once. The questions cover simulations, log normal distributions, aggregate loss models and operational risks, among a host of other actuarial topics. eKlugman ExamPrep also includes multiple forms of simulated exams with questions specially written for exam C/4 practice. The product features a built-in record keeping system in order to reinforce further practice and promote customization of study skills. This online product presents useful tips in understanding the test material, and it aids users in achieving specific exam goals. The material is a 'must have' for all aspiring and practicing actuaries who desire a fast and efficient alternative to using the traditional coursebook approach. Price includes 6-month access/subscription. Once purchased, the product is nonreturnable.

View a Live Demo

Loss Models: From Data to Decisions, 3rd Edition ExamPrep (Online) (0470308575) cover image
by Stuart A. Klugman, Harry H. Panjer, Gordon E. Willmot
May 2009, Digital Content
US $86.00 Buy


Online Preparation for Actuarial C/4 (One Year Online Access)
eKlugman Online is a multi-color, self-looping electronic product with full text from LOSS MODELS and searchable links. It includes more than 75 plugged-in data sets (in EXCEL); thousands of uniquely-designed and randomly-selected sample SOA/CAS/CIA test exercises, complete with hints and worked-out solutions; multiple forms of simulated exams; and a built-in record-keeping system. It can be used in place of the printed text as a study aid for the C/4 actuarial exam. Price includes one year access. Once purchased, the product is nonrefundable.


View a Live Demo

Loss Models: From Data to Decisions, 3rd Edition (One Year Online): Preparation for Actuarial Exam C/4 (0470300272) cover image
Textbook
by Stuart A. Klugman, Harry H. Panjer, Gordon E. Willmot
October 2011, ©2011, Digital Content
US $225.00 Buy

Additional Titles Also of Interest

Mathematical Finance (0470641843) cover image
Textbook
by M. J. Alhabeeb
July 2012, ©2012, Hardcover (E-book also available)
US $119.00 Buy
Regression Analysis by Example, 5th Edition (0470905840) cover image
by Samprit Chatterjee, Ali S. Hadi
September 2012, Hardcover (E-book also available)
US $129.00 Buy
Fundamentals of Actuarial Mathematics, 2nd Edition (0470684119) cover image
Textbook
by S. David Promislow
December 2010, ©2011, Hardcover (E-book also available)
Mathematical Asset Management (0470232870) cover image
by Thomas Höglund
April 2008, Hardcover (E-book also available)
US $120.00 Buy
Fundamentals of Risk and Insurance, 10th Edition (0470087536) cover image
Textbook
by Emmett J. Vaughan, Therese M. Vaughan
December 2007, ©2008, Hardcover (E-book also available)
US $257.95 Buy
Handbook of Integrated Risk Management in Global Supply Chains (0470535121) cover image
by Panos Kouvelis, Lingxiu Dong, Onur Boyabatli, Rong Li
November 2011, Hardcover (E-book also available)
US $162.00 Buy
Risk Assessment: Theory, Methods, and Applications (0470637641) cover image
Textbook
by Marvin Rausand
August 2011, ©2011, Hardcover (E-book also available)

Browse for more actuarial books.