Equity-linked Life Insurance: Partial Hedging Methods (chapman And Hall/crc Financial Mathematics Series)
by Alexander Melnikov /
2017 / English / PDF
2.7 MB Download
This book focuses on the application of the partial hedging
approach from modern math finance to equity-linked life insurance
contracts. It provides an accessible, up-to-date introduction to
quantifying financial and insurance risks. The book also explains
how to price innovative financial and insurance products from
partial hedging perspectives. Each chapter presents the problem,
the mathematical formulation, theoretical results, derivation
details, numerical illustrations, and references to further
reading.
This book focuses on the application of the partial hedging
approach from modern math finance to equity-linked life insurance
contracts. It provides an accessible, up-to-date introduction to
quantifying financial and insurance risks. The book also explains
how to price innovative financial and insurance products from
partial hedging perspectives. Each chapter presents the problem,
the mathematical formulation, theoretical results, derivation
details, numerical illustrations, and references to further
reading.
