FUNDAMENTALS OF LIFE INSURANCE MATHEMATICS

The book "Fundamentals of Life Insurance Mathematics" is a compendium of knowledge for students of mathematics and economics, as well as for people preparing for actuarial exams. The authors, Bartłomiej Błaszczyszyn and Tomasz Rolski, present the mathematical foundations of life insurance in an accessible and understandable way. It is the ideal read for anyone who wants to delve into the secrets of this field.

• Probabilistic models of life duration: Understanding key concepts related to modeling the risk of death.
• Life tables: Practical application of life tables in insurance calculations.
• Premiums and reserves for insurance and annuities: Detailed discussion of methods for calculating premiums and reserves.
• Insurance for multiple people: Analysis of insurance covering more than one person.
• Multiple option insurance: Understanding insurance for multiple risks.
• Examples and exercises: Numerous examples and exercises of varying difficulty to facilitate learning the material.

This textbook is an invaluable aid for students and future actuaries, offering a comprehensive introduction to life insurance mathematics. The authors, based on their experience, present theoretical issues in a clear and understandable way, illustrating them with numerous examples. Thanks to this, the reader can easily acquire knowledge and apply it in practice.

The book discusses probabilistic models of life duration, life tables, premiums and reserves for insurance and annuities, insurance for multiple people, and multiple option insurance. Each of these issues is analyzed in detail and illustrated with examples, which makes it easier to understand even the most complex concepts. In addition, a large number of exercises of varying difficulty allows you to consolidate knowledge and check your skills.

The textbook "Fundamentals of Life Insurance Mathematics" is essential reading for anyone who wants to gain a solid foundation in this field. Thanks to it, the reader will gain the knowledge and skills necessary to work in the insurance industry and to pass the actuarial exam. This book combines theory with practice, offering a comprehensive and accessible introduction to life insurance mathematics.

PWN Publishing House has taken care of the high quality of the publication, offering the reader solid and reliable knowledge. The book was published in 2018, has 391 pages and a format of 234x170 mm. The paperback cover ensures ease of use and durability. It is the ideal textbook for anyone who wants to delve into the secrets of life insurance mathematics.