Understanding Actuarial Management - Second Ed
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Understanding Actuarial Management - Second Ed
Edited by Clare Bellis, Richard Lyon, Stuart Klugman and John Shepherd
© 2010 The Institute of Actuaries of Australia and the Society of Actuaries
ISBN 978 0 85813 074 6
The first edition of Understanding Actuarial Management was published in 2003, in this completely revised and updated second edition:
- every chapter has been updated or rewritten, aligning
the content with the Actuarial Risk Management syllabuses of the International
Actuarial Association, the Society of Actuaries (US), the Institute of
Actuaries of Australia and the Institute and Faculty of Actuaries (UK);
- each chapter includes a summary of key learning
points;
- a glossary and an index have been added; and
- there are many new and revised exercises, with solutions provided on the accompanying CD
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Actuarial Practice of General Insurance - 7th Ed
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David Hart, Bob Buchanan, Bruce Howe
© The Institute of Actuaries of Australia, 2007
ISBN 0 978-0-858130-739
The 7th
Edition is a major revision of this important text which takes into account recent developments in actuarial techniques and the general insurance environment. In particular it incorporates changes to the legislative, market and social environment, arising in large part from the recommendation of the HIH Royal Commission. These changes have led to much greater responsibility for general insurance actuaries.
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Investment Principles for Actuaries
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Richard Fitzherbert © Richard Fitzherbert, 2004,
reprinted 2008 ISBN 978 0 85813 072 2
Understanding the key features of different types of investment is important
in assessing assumptions used to value the liabilities of institutions such as
life insurance companies and defined benefit superannuation funds. These key
features also determine the suitability of particular investments as reserves
for different types of liabilities. Although written to address the needs of
actuaries, the text contains very few formulae and deals mainly with underlying
investment principles and implicit assumptions rather than the mathematical side
of finance.
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Life Insurance Textbook Part A
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The Practice of Life Insurance Part A
Edition v1, January 2009 (reprint)
© Institute of Actuaries of Australia 2009
Contents include the market, organisational structure and operation, unit pricing, acquisition of new business, life insurance law, taxation, enterprise risk management for a life insurance company, underwriting and pricing/reserving risk, reinsurance, investing assets, background to actuarial investigations, discontinuances or lapses, mortality, morbidity, expenses, economic assumptions, marketing and product development, methods of calculation of premium rates, premiums, surrenders and alterations.
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Life Insurance Textbook Part B
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The Practice of Life Insurance Part B
Edition v1, January 2009 (reprint)
© Institute of Actuaries of Australia 2009
Contents include liability of valuation methods, valuation for the purpose of determining profit, valuation of assets, solvency and capital adequacy, analysis of profit, distribution of profit, appraisal values, methods of financial reporting and financial statements.
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