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Bowers N.L., Gerber H.U., Hickman J.C., Jones D.F., Nesbitt S.J. Actuarial Mathematics

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Bowers N.L., Gerber H.U., Hickman J.C., Jones D.F., Nesbitt S.J. Actuarial Mathematics
2nd Edition. — The Society of Actuaries, 1997. — 730 p.
The book, which is the basic textbook of the Society of Actuaries USA, contains the fundamentals of mathematics of insurance. Starting with the basic models of the underlying life insurance, the authors go on to the models of risk theory to more complex models of the life insurance and pension schemes. The book is intended for actuaries, economists, and to mathematicians interested in actuarial calculations, as well as graduate and undergraduate students of economic specialties. It is used in the teaching process the Financial Academy under the RF Government.
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