000			02055nam a2200301Ia 4500
003			OSt
005			20250813104850.0
008			220909b |||||||| |||| 00| 0 eng d
020			_a9781118315323
037			_cTextbook
040			_aCSL _beng _cCSL
041			_aeng
084			_aB2880bX81 N8;Q2 TOR _qCSL
100			_aKlugman, Stuart A _eauthor _9614940
245		0	_aLoss models from data to decisions
250			_a4th ed.
260			_aNew Jersey : _bJohn Wiley, _c2012.
300			_axiv, 513p. _b: ill.
500			_aReferences 501-506p.; Index 507-513p.
520			_aNewly organized to focus exclusively on material tested in the Society of Actuaries' Exam C and the Casualty Actuarial Society's Exam 4, Loss Models: From Data to Decisions, Fourth Edition continues to supply actuaries with a practical approach to the key concepts and techniques needed on the job. With updated material and extensive examples, the book successfully provides the essential methods for using available data to construct models for the frequency and severity of future adverse outcomes. The book continues to equip readers with the tools needed for the construction and analysis of mathematical models that describe the process by which funds flow into and out of an insurance system. Focusing on the loss process, the authors explore key quantitative techniques including random variables, basic distributional quantities, and the recursive method, and discuss techniques for classifying and creating distributions. Parametric, non-parametric, and Bayesian estimation methods are thoroughly covered along with advice for choosing an appropriate model.
650			_a Discrete distributions _9817817
650			_a Random variables _9817818
650			_aBayesian estimation _9817819
700			_aPanjer, Harry H _eco-author _9817820
700			_aWillmot, Gordon E _eco-author _9817821
942			_hB2880bX81 N8;Q2 TOR _cTB _2CC _n0
999			_c13328 _d13328