Modern Actuarial Theory and Practice

by Philip Booth, Robert Chadburn, Steve Haberman

In the years since the publication of the best-selling first edition, the incorporation of ideas and theories from the rapidly growing field of financial economics has precipitated considerable development of thinking in the actuarial profession. Modern Actuarial Theory and Practice, Second Edition integrates those changes and presents an up-to-date, comprehensive overview of UK and international actuarial theory, practice and modeling. It describes all of the traditional areas of actuarial activity, but in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.

834 pages, Hardcover

First published December 28, 2004

About the author

British economist. He is Editorial and Programme Director at the Institute of Economic Affairs (2002–present) and Professor of Finance, Public Policy and Ethics at St Mary's University, Twickenham. His primary areas of research and writing are social insurance, financial regulation and Catholic social teaching.
https://en.wikipedia.org/wiki/Philip_...


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Reviews

[Mycroft Webb]

An excellent reference text that provides an introduction to all the areas could be of interest to actuaries and student actuaries from each of the relevant actuarial disciplines - pensions, life, investment, general insurance etc.

The book is very broad in scope but still remains sufficiently detailed to give a reader an excellent feel for all areas of actuarial work.