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The book provides a sound mathematical base for life insurance mathematics and applies the underlying concepts to concrete examples. Moreover the models presented make it possible to model life insurance policies by means of Markov chains. Two chapters covering ALM and abstract valuation concepts on the background of Solvency II complete this volume. Numerous examples and a parallel treatment of discrete and continuous approaches help the reader to implement the theory directly in practice.
STATISTICAL METHODS FOR ENGINEERS, 3e, International Edition offers a balanced, streamlined one-semester introduction to Engineering Statistics that emphasizes the statistical tools most needed by practicing engineers.
Karachi is one of the fastest growing cities in the world. It is Pakistan's only port and the major contributor to the country's economy. In addition, it is also a diverse city, with its population politically divided along ethnic lines. These three factors make urban land and that on the city fringe, a highly contested commodity around which federal, provincial, and local landowning agencies; corporate sector interests; formal and informal developers; international capital and military cantonments, compete for control and for extracting maximum value from it. The victims of this battle for turf and profits are the city's social and physical environment and its low and lower middle-income groups. This book deals with the history, evolution, and present day realities around who owns land; its legal and illegal acquisition, land-use conversions and development; the actors involved and their relationship with each other and with the public at large; the often violent conflicts that take place in this process and the measures that can be taken to regulate the land market for the creation of a better urban environment and for providing homes to its less privileged.
Philip Levine's new collection of poems (his first since The Simple Truth was awarded the Pulitzer Prize) is a book of journeys: the necessary ones that each of us takes from innocence to experience, from youth to age, from confusion to clarity, from sanity to madness and back again, from life to death, and occasionally from defeat to triumph. The book's mood is best captured in the closing lines of the title poem, which takes its name from the ship that brought the poet's mother to America: A nine-year-old girl travels all night by train with one suitcase and an orange. She learns that mercy is something you can eat again and again while the juice spills over your chin, you can wipe it away with the back of your hands and you can never get enough.