Bøger i Huebner International Series on Risk, Insurance and Economic Security serien

The two greatest advantages to the actuary of the Bayesian approach are that the method is independent of the model and that interval estimates are as easy to obtain as point estimates. The former attribute means that once one learns how to analyze one problem, the solution to similar, but more complex, problems will be no more difficult.

The research project leading to this book was initiated in the fall of 1979 when the American Council of Life Insurance (ACLI) contacted Dan McGill, chairman of the Wharton School Insurance Department, about conducting a study on risk classification in life insurance.

When this project began, the intention was to produce a similar journal article surveying insurance rate litiga tion between 1960 and the present using basically the same organization followed in the seminal article.

All property and casualty insurers are required to carry out loss reserving as a statutory accounting function. Divided into two parts, the book covers both the conventional techniques widely used in practice, and more specialized loss reserving techniques employing stochastic models.

The Geneva Association and Risk Economics The Geneva Association The Geneva Association (International Association for the Study of Insurance Economics) commenced its activities in June 1973, on the initiative of twenty-two members in eight European countries.

Economic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field.

Administered at the Wharton School of the University of Pennsylvania, the Huebner Foundation was established in 1941 to strengthen insurance education at the collegiate level by increasing the number of professors specializing in insurance and enriching the literature in the field.

Until a few years ago I concentrated my attention on workers' compensa tion programs in the United States and Canada.

For a number of years, I have been teaching and doing research in the economics of uncertainty, information, and insurance.

Such systems, penalizing at-fault accidents by premium surcharges and rewarding claim-free years by discounts, are called bonus-malus systems (BMS) in Europe and Asia.

Based on the research that has been conducted at Wharton Risk Management Center over the years on catastrophic risk, this title develops risk management strategies for reducing and spreading the losses from various disasters.

On the dedication page in his final textbook, Fundamentals of Insurance, Bob spoke of his affection for those he called his "academic progeny" and wished them happiness as they build their own academic families.

Proceedings of the Second International Conference on Insurance Solvency.

The mathematical theory of non-life insurance developed much later than the theory of life insurance.

When this project began, the intention was to produce a similar journal article surveying insurance rate litiga tion between 1960 and the present using basically the same organization followed in the seminal article.

Proceedings of the First International Conference on Insurence Solvency

Workers' compensation insurance presents a set of institutional charac teristics that are unique.

The articles in this volume were first presented at the Seventh and Eighth Conferences on Economic Issues in Workers' Compensation sponsored by the National Council on Compensation Insurance.