For upper level undergraduate/graduate courses in Principles of Insurance and Risk Management. Drawing from the author's extensive teaching experience, this boo

The quantitative modeling of complex systems of interacting risks is a fairly recent development in the financial and insurance industries. Over the past decade

This textbook provides a broad overview of the present state of insurance mathematics and some related topics in risk management, financial mathematics and prob

This classic, comprehensive book is divided into three sections. The first section examines the concept of risk, the nature of the insurance device, and the pri

This second edition expands the first chapters, which focus on the approach to risk management issues discussed in the first edition, to offer readers a better