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This 1952 textbook provides a condensed overview of many aspects of life assurance for the actuary-in-training.
Presents a comprehensive overview of the theory, functioning, management and legal background of the insurance industry. This title begins with an examination of the insurance concept, its guiding principles and legal rules before moving on to an analysis of the market, its players and their roles and relationships.
Actuarial Principles: Lifetables and Mortality Models explores the core of actuarial science: the study of mortality and other risks and applications. Including the CT4 and CT5 UK courses, but applicable to a global audience, this work lightly covers the mathematical and theoretical background of the subject to focus on real life practice. It offers a brief history of the field, why actuarial notation has become universal, and how theory can be applied to many situations. Uniquely covering both life contingency risks and survival models, the text provides numerous exercises (and their solutions), along with complete self-contained real-world assignments. - Provides detailed coverage of life contingency risks and survival models - Presents self-contained chapters with coverage of key topics from both practitioner and theoretical viewpoints - Includes numerous real world exercises that are accompanied by enlightening solutions - Covers useful background information on how and why the subject has evolved and developed
Insurance is a concept, a technique, and an economic institution. It is a major tool of risk management, and plays an important role in the economic, social, and political life of all countries. Economic growth throughout the world has even expanded the role of insurance. Theory and Practice of Insurance aims to describe the significance of insurance institutions, the reasons they exist and how they function. The author emphasizes fundamental principles in risk and insurance, using an international frame of reference. This volume begins with an introduction to the concept of risk, then proceeds to cover insurance and its relationship to the economy; the principles of risk management and insurance; and the characteristics and performance of insurance companies.
If you are studying for your life and health insurance licensing exam, we have the ultimate study tool for you. Life and Health Insurance License Exam Cram is a great resource to help you learn the concepts, laws, rate calculations and state and federal regulations that will be covered on the exam. You'll also receive a CD that includes a fully-customizable test engine, detailed score report and state-specific law supplement. No matter where you are taking your exam or which area you need to focus on during your studying, Life and Health Insurance License Exam Cram is your smartest way to get certified. Please note The CD-ROM and test engine is NOT Mac iOS compatible.
Have you decided to obtain a Life and Health license in Virginia? The state exam won't be easy, and passing on the first attempt can be hard. That's where choosing the right study materials becomes crucial. Updated for 2022, you'll learn: - The Life, Annuities, and Health Insurance concepts found on the exam - The Virginia State Laws relevant to Life, Annuities, and Health Insurance - And so much more... The study guide includes: - 3 complete practice exams (450 questions) with fully explained answers Buy with confidence! Our highly-rated study guides have helped thousands of Texans, Californians, Floridians, and New Yorkers launch successful careers in insurance. Are you ready to pass on the first try? You'll make great use of this comprehensive resource because it's easy to follow and will teach you only what you need to know for the Virginia Life and Health exam. Get it now. * Coming soon: Virginia Property and Casualty Insurance License Exam Prep