<p>This text is listed on the Course of Reading for the Exam P of the Society of Actuaries and the Exam 1 of the Casualty Actuarial Society. This unique text differs from most intermediate probability texts in that it focuses the theory directly on applications in the general field of financial risk management, including insurance, economics and finance. It will be appropriate for a first course in probability for students who have previously had two semesters of calculus. Past actuarial exam questions are included at the end of each chapter. This book will serve as an excellent background text for the more advanced probability material included on the Exams MLC and C of the SOA, Exams 3L and 4 of the CAS and the EA-1 Exam of the Joint Board for the Enrollment of Actuaries. It was designed for several audiences, including students of actuarial science, mathematical economics, finance and risk management. It will provide an interesting and appropriate preparation for mathematically gifted students in finance and economics. It is not abstract or proof-oriented. Rather, it shows the student how to use probability theory to solve real-world problems.</p>

Probability for Risk Management

Business & Money

Matthew J. Hassett

Donald G. Stewart

Insurance

ACTEX Publications

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Books by Donald G. Stewart

See the best price to sell, buy, or rent books by Donald G. Stewart. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Probability for Risk Management