This book provides a mathematical basis for modeling life insurance policies using Markov chains, applying basic concepts to concrete examples. Includes chapters on ALM and abstract valuation concepts on the background of Solvency II, plus numerous examples.
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This book provides a mathematical basis for modeling life insurance policies using Markov chains, applying basic concepts to concrete examples. Includes chapters on ALM and abstract valuation concepts on the background of Solvency II, plus numerous examples.
Read Less
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