Handbook of Solvency for Actuaries and Risk Managers by Arne ... - 9781439821305

CRC Press

Handbook of Solvency for Actuaries and Risk ManagersTheory and Practice\nAuthor(s): Arne Sandstrm\nFormat: Hardback\nPublisher: Taylor & Francis Inc, United States\nImprint: Chapman & Hall/CRC\nISBN-13: 9781439821305, 978-1439821305\nSynopsis\nReflecting the authors wealth of experience in this field, Handbook of Solvency for Actuaries and Risk Managers: Theory and Practice focuses on the valuation of assets and liabilities, the calculation of capital requirement, and the calculation of the standard formula for the European Solvency II project.\n\nThe first three sections of the book examine the solvency concept, historical development, and the role of solvency in an enterprise risk management approach. The text provides a general discussion on valuation, investment, and capital, along with modeling and measuring. It also covers dependence, risk measures, capital requirements, subrisks, aggregation, the main risks market, and credit, operational, liquidity, and underwriting r]