Pension Mathematics with Numerical Illustrations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pension Mathematics with Numerical Illustrations write by Howard E. Winklevoss. This book was released on 1993-03-29. Pension Mathematics with Numerical Illustrations available in PDF, EPUB and Kindle. A text that quantifies and provides new or improved actuarial notation for long recognized pension cost concepts and procedures and, in certain areas, develops new insights and techniques. With the exception of the first few chapters, the text is a virtual rewrite of the first edition of 1977. Among the major additions are chapters on statutory funding requirements, pension accounting, funding policy analysis, asset allocation, and retiree health benefits.
Pension Mathematics with Numerical Illustrations
Pension Mathematics with Numerical Illustrations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pension Mathematics with Numerical Illustrations write by Howard E. Winklevoss. This book was released on 1977. Pension Mathematics with Numerical Illustrations available in PDF, EPUB and Kindle.
Modelling Longevity Dynamics for Pensions and Annuity Business
Modelling Longevity Dynamics for Pensions and Annuity Business - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Modelling Longevity Dynamics for Pensions and Annuity Business write by Ermanno Pitacco. This book was released on 2009-01-29. Modelling Longevity Dynamics for Pensions and Annuity Business available in PDF, EPUB and Kindle. Mortality improvements, uncertainty in future mortality trends and the relevant impact on life annuities and pension plans constitute important topics in the field of actuarial mathematics and life insurance techniques. In particular, actuarial calculations concerning pensions, life annuities and other living benefits (provided, for example, by long-term care insurance products and whole life sickness covers) are based on survival probabilities which necessarily extend over a long time horizon. In order to avoid underestimation of the related liabilities, the insurance company (or the pension plan) must adopt an appropriate forecast of future mortality. Great attention is currently being devoted to the management of life annuity portfolios, both from a theoretical and a practical point of view, because of the growing importance of annuity benefits paid by private pension schemes. In particular, the progressive shift from defined benefit to defined contribution pension schemes has increased the interest in life annuities with a guaranteed annual amount. This book provides a comprehensive and detailed description of methods for projecting mortality, and an extensive introduction to some important issues concerning longevity risk in the area of life annuities and pension benefits. It relies on research work carried out by the authors, as well as on a wide teaching experience and in CPD (Continuing Professional Development) initiatives. The following topics are dealt with: life annuities in the framework of post-retirement income strategies; the basic mortality model; recent mortality trends that have been experienced; general features of projection models; discussion of stochastic projection models, with numerical illustrations; measuring and managing longevity risk.
Actuarial Mathematics for Pensions - Basics and Concepts applied to Business
Actuarial Mathematics for Pensions - Basics and Concepts applied to Business - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Actuarial Mathematics for Pensions - Basics and Concepts applied to Business write by Dominique Beckers. This book was released on 2017. Actuarial Mathematics for Pensions - Basics and Concepts applied to Business available in PDF, EPUB and Kindle.
Risk Management for Pension Funds
Risk Management for Pension Funds - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Risk Management for Pension Funds write by Francesco Menoncin. This book was released on 2021-02-09. Risk Management for Pension Funds available in PDF, EPUB and Kindle. This book presents a consistent and complete framework for studying the risk management of a pension fund. It gives the reader the opportunity to understand, replicate and widen the analysis. To this aim, the book provides all the tools for computing the optimal asset allocation in a dynamic framework where the financial horizon is stochastic (longevity risk) and the investor's wealth is not self-financed. This tutorial enables the reader to replicate all the results presented. The R codes are provided alongside the presentation of the theoretical framework. The book explains and discusses the problem of hedging longevity risk even in an incomplete market, though strong theoretical results about an incomplete framework are still lacking and the problem is still being discussed in most recent literature.
