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Actuarial Principles: Lifetables and Mortality Models explores the core of actuarial science: the study of mortality and other risks, and especially their applications. Following the CT4 and CT5 UK courses, but applicable to a global audience, this work lightly covers the mathematical and theoretical background of the subject, to focus on real life practice. It offers a brief history of the field; the reason why actuarial notation has become universal; and how the theory can be applied to many situations. Uniquely covering both life contingency risks and survival models, the text provides numerous exercises (and their solutions), along with complete self-contained real-world assignments. Detailed coverage of life contingency risks and survival modelsSelf-contained chapters, with coverage of key topics from both practitioner and theoretical viewpointsNumerous real world exercises, accompanied by enlightening solutionsUseful background about how and why the subject has evolved and developed
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