The first edition of Understanding Actuarial Management was published in 2003. It took a fresh approach to explaining the work of actuaries, using the Actuarial Control Cycle to draw out the principles common to all areas of actuarial practice and illustrating them with a wealth of examples drawn from around the globe.
In a world where increasing complexity and global interconnections add to the difficulty and importance of sound risk management, the fundamental principles of the Actuarial Control Cycle continue to provide a systematic approach to the application of actuarial theory to real world problems. In this completely revised and updated second edition:
• every chapter has been updated or rewritten, aligning the content with the Actuarial Risk Management syllabuses of the International Actuarial Association, the Society of Actuaries (US), the Institute of Actuaries of Australia and the Institute and Faculty of Actuaries (UK);
• each chapter includes a summary of key learning points;
• a glossary and an index have been added; and
• there are many new and revised exercises, with solutions provided on the accompanying CD.
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每周TCT的日子...
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