This textbook provides a broad overview of the present state of insurance mathematics and some related topics in risk management, financial mathematics and prob

This classic, comprehensive book is divided into three sections. The first section examines the concept of risk, the nature of the insurance device, and the pri

For undergraduate courses in Risk Management and Insurance. This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educat

Is "risk" the enemy or is it necessary? What is risk management? How does insurance fit into the concept of risk management? This book defines risk, discusses t