Automobile Insurance

Name: Automobile Insurance
Brand: Kluwer Academic Publishers
SKU: 9780898381665
Price: 63556 HUF
Availability: InStock

Actuarial Models

Szerző: Jean Lemaire

Nyelv:

Kötés: Kemény kötésű

Kiadó: Kluwer Academic Publishers

Elérhetőség: Beszállítói készleten alacsony példányszámban

Küldés 13-18 napon belül

63 556 Ft

The mathematical theory of non-life insurance developed much later than the theory of life insurance...

Információk a könyvről

Szerző

Jean Lemaire

Nyelv

Angol

Kötés

Könyv - Kemény kötésű

oldal

250

EAN

9780898381665

ISBN

0898381665

Enbook ID

01401019

Kiadó

Kluwer Academic Publishers

Súly

1240

Méretek

155 x 235 x 19

Teljes leírás

The mathematical theory of non-life insurance developed much later than the theory of life insurance. The problems that occur in the former field are far more intricate for several reasons: 1. In the field oflife insurance, the company usually has to pay a claim on the policy only once: the insured dies or the policy matures only once. It is with only a few particular types of policy (for instance, sickness insurance, when the insured starts working again after a period of sickness) that a valid claim can be made on a number of different occasions. On the other hand, the general rule in non-life insurance is that the policyholder is liable to be the victim of several losses (in automobile insurance, of course, but also in burglary and fire insurance, householders' comprehensive insurance, and so on). 2. In the field of life insurance, the amount to be paid by the company excluding any bonuses-is determined at the inception of the policy. For the various types of life insurance contracts, the sum payable on death or at maturity of the policy is known in advance. In the field of non-life insurance, the amount of a loss is a random variable: the cost of an automobile crash, the partial or totalloss of a building as a result of fire, the number and nature of injuries, and so forth.

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Automobile Insurance

Actuarial Models

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Teljes leírás

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