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Value-Oriented Risk Management of Insurance Companies
Taschenbuch von Jochen Wolf (u. a.)
Sprache: Englisch

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Beschreibung
Value- and risk-oriented management is a holistic method of managing businesses. In this book both actuarial methods and methods pertaining to classical internal control and classical risk management are used. Therefore the approach taken is necessarily interdisciplinary. Indeed, there is a new dynamically developing field for actuaries as a result of the emphasis now on the measurement of risk.
This book provides the required basic knowledge for this subject from an actuarial perspective. It enables the reader to implement in practice a risk management system that is based on quantitative methods. With this book, the reader will additionally be able to critically appraise the applicability and the limits of the methods used in modern risk management.
Value-oriented Management of Risk in Insurance focuses on risk capital, capital allocation, performance measurement and value-oriented management. It also makes a connection to regulatory developments (for example, Solvency II). The reader should have a basic knowledge of probability and familiarity with mathematical concepts. It is intended for working actuaries and quantitative risk managers as well as actuarial students.
Value- and risk-oriented management is a holistic method of managing businesses. In this book both actuarial methods and methods pertaining to classical internal control and classical risk management are used. Therefore the approach taken is necessarily interdisciplinary. Indeed, there is a new dynamically developing field for actuaries as a result of the emphasis now on the measurement of risk.
This book provides the required basic knowledge for this subject from an actuarial perspective. It enables the reader to implement in practice a risk management system that is based on quantitative methods. With this book, the reader will additionally be able to critically appraise the applicability and the limits of the methods used in modern risk management.
Value-oriented Management of Risk in Insurance focuses on risk capital, capital allocation, performance measurement and value-oriented management. It also makes a connection to regulatory developments (for example, Solvency II). The reader should have a basic knowledge of probability and familiarity with mathematical concepts. It is intended for working actuaries and quantitative risk managers as well as actuarial students.
Über den Autor

Marcus Kriele is experienced in enterprise risk management, economic capital, and modelling. He has worked as an actuary in life insurance, as a consultant, and as an insurance regulator (Switzerland). Prior to his career in insurance he spent more than a decade doing research in differential geometry and on spacetime singularities.

Jochen Wolf is Professor for Mathematical Economics at the Hochschule Koblenz. Before that he worked for several years at the German financial supervisor BaFin where he was responsible for various aspects of insurance supervision. At BaFin he was also involved in the Solvency II project. Prior to joining BaFin, he held various research positions in stochastic analysis at Universität Jena and at the Université Paris-Nord. Jochen Wolf is actively involved in the actuarial education at the German actuarial association (DAV).

Zusammenfassung

Combines practical methods for risk management with a precise presentation of the mathematical concepts on which these methods are based

Contains R-scripts which can be used as a starting point for an implementation of the methods presented

Prepares the reader for modern risk management in line with the international association of insurance supervisors and Solvency II

Includes supplementary material: [...]

Inhaltsverzeichnis
The Process of Risk Management.- Risk Measures.- Dependencies.- Risk Capital.- Allocation of Capital.- Performance Measurement.- Value-oriented Company Management.- Solvency and Regulatory Questions.
Details
Erscheinungsjahr: 2014
Fachbereich: Allgemeines
Genre: Mathematik
Rubrik: Naturwissenschaften & Technik
Medium: Taschenbuch
Reihe: EAA Series
Inhalt: xii
378 S.
48 s/w Illustr.
378 p. 48 illus.
ISBN-13: 9781447163046
ISBN-10: 1447163044
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Wolf, Jochen
Kriele, Marcus
Hersteller: Springer London
Springer-Verlag London Ltd.
EAA Series
Maße: 235 x 155 x 22 mm
Von/Mit: Jochen Wolf (u. a.)
Erscheinungsdatum: 27.01.2014
Gewicht: 0,593 kg
Artikel-ID: 105490457
Über den Autor

Marcus Kriele is experienced in enterprise risk management, economic capital, and modelling. He has worked as an actuary in life insurance, as a consultant, and as an insurance regulator (Switzerland). Prior to his career in insurance he spent more than a decade doing research in differential geometry and on spacetime singularities.

Jochen Wolf is Professor for Mathematical Economics at the Hochschule Koblenz. Before that he worked for several years at the German financial supervisor BaFin where he was responsible for various aspects of insurance supervision. At BaFin he was also involved in the Solvency II project. Prior to joining BaFin, he held various research positions in stochastic analysis at Universität Jena and at the Université Paris-Nord. Jochen Wolf is actively involved in the actuarial education at the German actuarial association (DAV).

Zusammenfassung

Combines practical methods for risk management with a precise presentation of the mathematical concepts on which these methods are based

Contains R-scripts which can be used as a starting point for an implementation of the methods presented

Prepares the reader for modern risk management in line with the international association of insurance supervisors and Solvency II

Includes supplementary material: [...]

Inhaltsverzeichnis
The Process of Risk Management.- Risk Measures.- Dependencies.- Risk Capital.- Allocation of Capital.- Performance Measurement.- Value-oriented Company Management.- Solvency and Regulatory Questions.
Details
Erscheinungsjahr: 2014
Fachbereich: Allgemeines
Genre: Mathematik
Rubrik: Naturwissenschaften & Technik
Medium: Taschenbuch
Reihe: EAA Series
Inhalt: xii
378 S.
48 s/w Illustr.
378 p. 48 illus.
ISBN-13: 9781447163046
ISBN-10: 1447163044
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Wolf, Jochen
Kriele, Marcus
Hersteller: Springer London
Springer-Verlag London Ltd.
EAA Series
Maße: 235 x 155 x 22 mm
Von/Mit: Jochen Wolf (u. a.)
Erscheinungsdatum: 27.01.2014
Gewicht: 0,593 kg
Artikel-ID: 105490457
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