UNIT THREE : LIFE INSURANCE MATHEMATICS

This chapter introduces a solid grounding in the subject of a single life insurance, and the analysis of life assurance and life annuities, including pension contracts and as well mathematical methods for managing the risk in life insurance. A detailed monographs on this chapter can be found in

Gerber.U & Samuel  H.Cox(1995). Life Insurance Mathematics, second edition. Swiss Association of Actuaries Zurich