Pricing in General Insurance

Pricing in General Insurance By Pietro Parodi
2014 | 584 Pages | ISBN: 1466581441 | PDF | 5 MB
Based on the syllabus of the actuarial industry course on general insurance pricing ― with additional material inspired by the author's own experience as a practitioner and lecturer ― Pricing in General Insurance presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate. The main strength of this approach is that it imposes a reasonably linear narrative on the material and allows the reader to see pricing as a story and go back to the big picture at any time, putting things into context.Pricing in General Insurance delivers a practical introduction to all aspects of general insurance pricing, covering data preparation, frequency analysis, severity analysis, Monte Carlo simulation for the calculation of aggregate losses, burning cost analysis, and more.



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Title: Pricing in General Insurance
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