Risk management for financial institutions is one of the key topics the financial industry has to deal with. The present volume is a mathematically rigorous tex

The First International Conference on Insurance Solvency was held at the Wharton School, University of Pennsylvania from June 18th through June 20th, 1986. The

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

Until now there were no published analyses of the recent solvency work conducted in Europe, specifically the risk categories proposed by the International Actua

Focusing on life insurance and pensions, this book addresses various aspects of modelling in modern insurance: insurance liabilities; asset-liability management