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Pricing in General Insurance

Based on the syllabus of the actuarial industry course on general insurance pricing -- with additional material inspired by the author's own experience as a practitioner and lecturer -- Pricing in…

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Based on the syllabus of the actuarial industry course on general insurance pricing -- with additional material inspired by the author's own experience as a practitioner and lecturer -- Pricing in General Insurance presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate. The main strength of this approach is that it imposes a reasonably linear narrative on the material and allows the reader to see pricing as a story and go back to the big picture at any time, putting things into context.Written with both the student and the practicing actuary in mind, this pragmatic textbook and professional reference:Complements the standard pricing methods with a description of techniques devised for pricing specific products (e.g., non-proportional reinsurance

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