"It is astonishing that the methods used for claims reserving in non life-insurance are, even still today, driven by a deterministic understanding of one or several computational algorithms. Stochastic Claims Reserving Methods in Insurance is tremendously widening this traditional understanding....

A comprehensive guide to financial engineering that stresses real-world applications Financial engineering expert Charles S. Tapiero has his finger on the pulse of shifts coming to financial engineering and its applications. With an eye toward the future, he has crafted a comprehensive and...