Risk Analysis in Finance and Insurance - 2nd Edition

CRC Press

Risk Analysis in Finance and InsuranceAuthor(s): Alexander Melnikov\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Chapman & Hall/CRC\nISBN-13: 9780367382865, 978-0367382865\nSynopsis\nRisk Analysis in Finance and Insurance, Second Edition presents an accessible yet comprehensive introduction to the main concepts and methods that transform risk management into a quantitative science. Taking into account the interdisciplinary nature of risk analysis, the author discusses many important ideas from mathematics, finance, and actuarial science in a simplified manner. He explores the interconnections among these disciplines and encourages readers toward further study of the subject. This edition continues to study risks associated with financial and insurance contracts, using an approach that estimates the value of future payments based on current financial, insurance, and other information.\n\nNew to the Second Edition\n\nExpanded section on the foun.