Research and Markets: Loss Models: From Data to Decisions (+ ExamPrep Set), 3rd Edition

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/a668f7/loss_models_from) has
announced the addition of John Wiley and Sons Ltd's new report "Loss Models:
From Data to Decisions (+ ExamPrep Set), 3rd Edition" to their offering.

This set includes the textbook, Loss Models: From Data to Decisions, Third
Edition and the ExamPrep for Loss Models: From Data to Decisions, Online, 3rd
Edition

ExamPrep (Online) for Loss Models: From Data to Decisions, Third Edition

eKlugman ExamPrep provides an interactive method for working most of the
exercises in Loss Models including, as well as providing, hints and step-by-step
solutions. Many of the questions have a feature that makes random changes so
that the same question can be worked more than once. The questions cover
simulations, log normal distributions, aggregate loss models and operational
risks, among a host of other actuarial topics. eKlugman ExamPrep also includes
multiple forms of simulated exams with questions specially written for exam C/4
practice. The product features a built-in record keeping system in order to
reinforce further practice and promote customization of study skills. This
online product presents useful tips in understanding the test material, and it
aids users in achieving specific exam goals. The material is a 'must have' for
all aspiring and practicing actuaries who desire a fast and efficient
alternative to using the traditional coursebook approach. Price includes 6-month
access/subscription. Once purchased, the product is nonreturnable.

Loss Models: From Data to Decisions, 3rd Edition

Written by three renowned authorities in the actuarial field, Loss Models, Third
Edition upholds the reputation for excellence that has made this book required
reading for the Society of Actuaries (SOA), Casualty Actuarial Society (CAS),
and Canadian Institute of Actuaries (CIA) qualification examinations. This
update serves as a complete presentation of statistical methods for measuring
risk and building models to measure loss in real-world events.

This book maintains an approach to modeling and forecasting that utilizes tools
related to risk theory, loss distributions, and survival models. Random
variables, basic distributional quantities, the recursive method, and techniques
for classifying and creating distributions are also discussed. Both parametric
and non-parametric estimation methods are thoroughly covered along with advice
for choosing an appropriate model.

Features of the Third Edition include:

* Extended discussion of risk management and risk measures, including
Tail-Value-at-Risk (TVaR)
* New sections on extreme value distributions and their estimation
* Inclusion of homogeneous, nonhomogeneous, and mixed Poisson processes
* Expanded coverage of copula models and their estimation
* Additional treatment of methods for constructing confidence regions when there
is more than one parameter.

The book continues to distinguish itself by providing over 400 exercises that
have appeared on previous SOA, CAS and CIA examinations. Intriguing examples
from the fields of insurance and business are discussed throughout, and all data
sets are available on the book's FTP site, along with programs that assist with
conducting loss model analysis.

Loss Models, Third Edition is an essential resource for students and aspiring
actuaries who are preparing to take the SOA, CAS, and CIA preliminary
examinations. It is also a must-have reference for professional actuaries,
graduate students in the actuarial field, and anyone who works with loss and
risk models in their everyday work.

For more information visit
http://www.researchandmarkets.com/research/a668f7/loss_models_from



Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
http://www.reuters.com/article/pressRelease/idUS98091+01-Sep-2009+BW20090901

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