Modelling Mortality with Actuarial Applications | by Angus S. MacDonald | Stephen J. Richards | Iain D. Currie | ‎ Cambridge English | ‎ English | ‎ 1st Edition

Product description Review 'This book is an excellent companion to Actuarial Mathematics for Life Contingent Risks (Dickson, Hardy and Waters) because it provides concrete applications of the theory of survival. The authors cover a lot of ground in a friendly, accessible style with real examples. Actuaries - both students and practitioners - can learn a great deal from this book.' Ian Duncan, University of California, Santa Barbara'I taught the analysis of survival data to demographers and actuarial students for many years, and my task would have been made a great deal easier had a book like this been available. It covers the essential elements in a way that is both intellectually satisfying (starting with the fundamental concepts and building on these) and focused on the analysis of empirical data. The methods described are modern, state-of-the art approaches. Moreover, because the book provides readers with a sound understanding of the theory underlying these methods, they will be well equipped to take on board future developments, even in a fast-moving field. I can recommend this book for advanced undergraduate and Masters-level students studying actuarial science, demographic methods and related areas of statistics.' Andrew Hinde, University of Southampton'A wonderfully comprehensive piece of work from leading experts in the field. Essential reading for anyone with an interest in longevity modelling.' Richard Willets, ReAssure Ltd. Book Description Modern mortality modelling for actuaries and actuarial students, with example R code, to unlock the potential of individual data. About the Author Angus S. Macdonald is Professor of Actuarial Mathematics at Heriot-Watt University, Edinburgh. He is an actuary with much experience of modeling mortality and other life histories, particularly in connection with genetics, and as a member of Continuous Mortality Investigation committees.Stephen J. Richards is an actuary and principal of Longevitas Ltd., Edinburgh, a software and consultancy firm that uses many of the models described in this book with life insurance and pension scheme clients worldwide.Iain D. Currie is an Honorary Research Fellow at Heriot-Watt University, Edinburgh. As a statistician, he was chiefly responsible for the development of the spline models described in this book, and their application to actuarial problems. Read more