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Life, Death and Money: Actuaries and the Development of Social and Financial Markets

by Derek Renn (Editor)

ISBN-10: 9780631209065
ISBN-10: 0-631-20906-9
ISBN-13: 9780631209065
ISBN-13: 978-0-631-20906-5
Hardcover
1998-10-22
Wiley-Blackwell


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Editorials


Product Description
Actuaries are experts in assessing risk, so it is not surprising that over the past few years they have become involved in many new areas of financial planning, including the appraisal of major capital projects.

In this collection of essays published to celebrate the Institute of Actuaries' 150th Anniversary, leading experts describe how actuarial concepts have contributed to many important social and financial developments, and how these ideas will continue to "make financial sense of the future."

Even non-mathematicians will find this book useful in understanding how the scientific bases of the insurance and pensions industries grew up, and how they work today.

The authors each write from the perspective of their own special expertise. They include five former presidents of the Institute of Faculty of Actuaries.


Reviews


Actuarial Overview for beginners
I must say that this is one of the most interesting Actuarial books I have come across in a long time. Not only does it give a historical overview of the profession but also gives a candid view on the normally "boring" perception the greater public usually has on Actuaries in general. It gives details of Actuarial dinners held (!) which attendees solve complex probability problems over dinner. With both insights into the actuarial profession in insurance and financial fields to name a few, Life, Death and Money : Actuaries and the Creation of Financial Security, should prove interesting reading on the train or bus.


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