{"product_id":"handbook-of-solvency-for-actuaries-arne-sandstrm-9781439821305","title":"Handbook of Solvency for Actuaries and Risk Managers: Theory and Practice","description":"\u003cp\u003eReflecting the author's wealth of experience in this field, \u003cstrong\u003eHandbook of Solvency for Actuaries and Risk Managers: Theory and Practice\u003c\/strong\u003e focuses on the valuation of assets and liabilities, the calculation of capital requirement, and the calculation of the standard formula for the European Solvency II project.\u003c\/p\u003e\u003cp\u003eThe first three sections of the book examine the solvency concept, historical development, and the role of solvency in an enterprise risk management approach. The text provides a general discussion on valuation, investment, and capital, along with modeling and measuring. It also covers dependence, risk measures, capital requirements, subrisks, aggregation, the main risks market, and credit, operational, liquidity, and underwriting risks.\u003c\/p\u003e\u003cp\u003eThe last three sections focus on the European Solvency II project. Basing the material on CEIOPS final advice, the author presents the general ideas, valuation, investments, and funds of this project as well as the standard formula framework. He also includes all calibrations from previous quantitative impact studies and discusses the political progress of the project.\u003c\/p\u003e\u003cp\u003eA one-stop shop for actuaries and risk managers, this handbook offers a complete overview of solvency and the European Solvency II standard formula. It gives a clear definition and broad historical review of solvency and incorporates a comprehensive discussion of the theory behind the calculation of the capital requirement. Updates on solvency projects and issues are available at www.SolvencyII.nu\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Arne Sandstr\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1439821305\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781439821305\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e CRC Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/08\/2010\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 1114\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 4.55lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.10h x 7.30w x 2.10d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eReference and Research Bk News\u003c\/i\u003e 02\/01\/2011 pg. 116","brand":"Arne Sandstr","offers":[{"title":"Hardcover","offer_id":44072959836415,"sku":"9781439821305","price":280.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_71580e95-de1a-47b3-934f-9135cb3a260b.jpg?v=1685444962","url":"https:\/\/www.whiterainbookhouse.com\/products\/handbook-of-solvency-for-actuaries-arne-sandstrm-9781439821305","provider":"WR Book House","version":"1.0","type":"link"}