Risk Analysis in Finance and Insurance

Viac o knihe

The updated edition delves into the core concepts and techniques of financial mathematics, emphasizing quantitative financial analysis and the management of insurance risks. It highlights the interconnections between insurance and financial risks, offering more examples and problems. Notably, it expands on the foundations of probability and stochastic analysis, while introducing new topics such as stochastic volatility in financial markets, risk measures, risk-adjusted performance measures, and equity-linked insurance.