MARC details
000 -LEADER |
fixed length control field |
04506nam a22002417a 4500 |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20241218205117.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
241218b |||||||| |||| 00| 0 eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9780367769031 |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER |
Classification number |
368.011 |
Item number |
PAR |
100 ## - MAIN ENTRY--PERSONAL NAME |
Personal name |
Parodi, Pietro |
245 ## - TITLE STATEMENT |
Title |
Pricing in general insurance |
250 ## - EDITION STATEMENT |
Edition statement |
2nd |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
Name of publisher, distributor, etc. |
CRC Press |
Place of publication, distribution, etc. |
Boca Raton |
Date of publication, distribution, etc. |
2023 |
300 ## - PHYSICAL DESCRIPTION |
Extent |
xli, 695 p. |
365 ## - TRADE PRICE |
Price type code |
GBP |
Price amount |
76.99 |
490 ## - SERIES STATEMENT |
Series statement |
Chapman & Hall/CRC Series in Actuarial Science |
500 ## - GENERAL NOTE |
General note |
Table of content:<br/>1. The Pricing Process: A Gentle Start.<br/><br/>2. Insurance and Reinsurance Products.<br/><br/>3. The Cover Structure.<br/><br/>4. The Insurance Markets.<br/><br/>5. Pricing in Context.<br/><br/>6. The Scientific Basis for Pricing: Risk Theory.<br/><br/>7. Familiarise Yourself with the Risk.<br/><br/>8. Data Requirements for Pricing.<br/><br/>9. Setting the Loss Inflation Assumptions.<br/><br/>10. Data Preparation.<br/><br/>11. The Burning Cost Approach.<br/><br/>12. What Is This Thing Called Modelling? A Gentle Introduction to Machine Learning.<br/><br/>13. Frequency Modelling: Adjusting for Claim Count IBNR.<br/><br/>14. Frequency Modelling: Selecting and Calibrating a Frequency Model.<br/><br/>15. Severity Modelling: Adjusting for IBNER and Other Factors.<br/><br/>16. Severity Modelling: Selecting and Calibrating a Severity Model.<br/><br/>17. Aggregate Loss Modelling.<br/><br/>18. Identifying, Measuring, and Communicating Uncertanity.<br/><br/>19. Setting the Premium.<br/><br/>20. The Pricing Cycle and Rate Change Calculations.<br/><br/>21. Experience Rating for Non-Proportional Reinsurance.<br/><br/>22. Exposure Rating for Property Insurance.<br/><br/>23. Liability Rating Using Increased Limit Factor Curves.<br/><br/>24. Pricing Considerations for Specific Lines of Business.<br/><br/>25. Catastrophe Modelling in Pricing.<br/><br/>26. Credibilty Theory.<br/><br/>27. Rating Factor Selection and Calibration: GLMs, GAMs, and Regularisation.<br/><br/>28. Multilevel Factors and Smoothing.<br/><br/>29. Pricing Multiple Lines of Business and Risks.<br/><br/>30. Insurance Structure Optimisation.<br/><br/>31. An Introduction to Pricing Models.<br/><br/>[https://www.routledge.com/Pricing-in-General-Insurance/Parodi/p/book/9780367769031?srsltid=AfmBOoocHOK-zZNLnqUTHlVVuDCzlxzZEBiZNJ7CCDe1eukYKk2D28wa] |
520 ## - SUMMARY, ETC. |
Summary, etc. |
Based on the syllabus of the actuarial profession courses on general insurance pricing – with additional material inspired by the author’s own experience as a practitioner and lecturer – Pricing in General Insurance, Second Edition presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate.<br/><br/>The first edition of the book proved very popular among students and practitioners with its pragmatic approach, informal style, and wide-ranging selection of topics, including:<br/><br/>Background and context for pricing<br/>Process of experience rating, ranging from traditional approaches (burning cost analysis) to more modern approaches (stochastic modelling)<br/>Exposure rating for both property and casualty products<br/>Specialised techniques for personal lines (e.g., GLMs), reinsurance, and specific products such as credit risk and weather derivatives<br/>General-purpose techniques such as credibility, multi-line pricing, and insurance optimisation<br/>The second edition is a substantial update on the first edition, including:<br/><br/>New chapter on pricing models: their structure, development, calibration, and maintenance<br/>New chapter on rate change calculations and the pricing cycle<br/>Substantially enhanced treatment of exposure rating, increased limit factors, burning cost analysis<br/>Expanded treatment of triangle-free techniques for claim count development<br/>Improved treatment of premium building and capital allocation<br/>Expanded treatment of machine learning<br/>Enriched treatment of rating factor selection, and the inclusion of generalised additive models<br/>The book delivers a practical introduction to all aspects of general insurance pricing and is aimed at students of general insurance and actuarial science as well as practitioners in the field. It is complemented by online material, such as spreadsheets which implement the techniques described in the book, solutions to problems, a glossary, and other appendices – increasing the practical value of the book.<br/>(https://www.routledge.com/Pricing-in-General-Insurance/Parodi/p/book/9780367769031?srsltid=AfmBOoocHOK-zZNLnqUTHlVVuDCzlxzZEBiZNJ7CCDe1eukYKk2D28wa) |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Insurance--Rates |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Insurance premiums |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Pricing |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Koha item type |
Book |
Source of classification or shelving scheme |
Dewey Decimal Classification |