This textbook presents a variety of stochastic models for the actuary to use in undertaking the analysis of risk. It is designed to be appropriate for use in a two- or three-semester university cou…
In 2012, the Society of Actuaries modified the learning objectives for Exam MLC. Significant changes have been made to Models for Quantifying Risk as a result. The fourth edition expanded the conte…
There are several areas of expanded content in the Sixth Edition, due to the revised format of SOA Exam MLC. The additional written-answer examples will better prepare students for this question fo…