[RS]Loss Models: From Data to Decisions, 2nd Edition

Loss Models: From Data to Decisions, 2nd Edition
Author(s): Stuart A. Klugman (Drake University, Des Moines, IA ); Harry H. Panjer (Univ. of Waterloo, Ontario, Canada ); Gordon E. Willmot (Univ. of Waterloo, Ontario, Canada )
ISBN10: 0471215775
ISBN13: 9780471215776
Format: Hardcover
Pub. Date: 8/1/2004
Publisher(s): Wiley-Interscience
Revised, updated, and even more useful to students, teachers, and practicing professional

The First Edition of Loss Models was deemed "worthy of classical status" by the Journal of the International Statistical Institute. While retaining its predecessor�s thorough treatment of the concepts and methods of analyzing contingent events, this powerful Second Edition is updated and expanded to offer even more complete and flexible coverage of risk theory, loss distributions, and survival models.

Beginning with a framework for model building and a description of frequency and severity loss data typically available, it shows readers how to combine frequency, severity, and loss models to build aggregate loss models and credibility-based pricing models, and how to analyze loss over multiple time periods. Important features of this new edition include Thorough preparation for relevant parts of preliminary examinations of the Society of Actuaries (SOA) and Casualty Actuarial Society (CAS)Exercises based on past SOA and CAS examsExamples using actual insurance dataPractical treatment of modern credibility theoryData files and more from an ftp siteLoss Models, Second Edition is an important resource, providing a comprehensive, practically motivated toolkit and an excellent reference, for actuaries preparing for SOA and CAS preliminary examinations, students in actuarial science who need to understand loss and risk models, and practicing professionals involved in loss modeling
"The resulting book is an eye opener for this reviewer....This book is worthy of classical status..." -Journal of the International Statistical Institute. The first edition of this bestselling guide to building and using actuarial models presented a thorough treatment of the concepts and methods of linear model analysis and illustrated them with numerical and conceptual examples. This Second Edition features new enhancements that make the book even more useful to students and teachers as well as to practicing professionals seeking better practical command of the material.

Code:

http://rapidshare.com/files/116696977/loss_models.pdf