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Market-Consistent Actuarial Valuation - Wuethrich, Mario, and Buhlmann, Hans, and Furrer, Hansjorg
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It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a ...

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Market-Consistent Actuarial Valuation 2010, Springer-Verlag Berlin and Heidelberg GmbH & Co. K, Berlin

ISBN-13: 9783642148514

2nd edition 2010

Trade paperback