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[ BOOK ACTUARIAL MATHEMATICS FOR LIFE CONTINGENT RISKS (INTERNATIONAL SERIES ON ACTUARIAL SCIENCE) by DAVID C. M. DICKSON,MARY R. HARDY,HOWARD R. WATERS OVERVIEW ]

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The substantially updated third edition of the popular Actuarial Mathematics for Life Contingent Risks is suitable for advanced undergraduate and graduate students of actuarial science, for trainee actuaries preparing for professional actuarial examinations, and for life insurance practitioners who wish to increase or update their technical knowledge. The authors provide intuitive explanations alongside mathematical theory, equipping readers to understand the material in sufficient depth to apply it in real-world situations and to adapt their results in a changing insurance environment. Topics include modern actuarial paradigms, such as multiple sta

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Book ID Asin: 1108478085
Book Title: Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)
Book Author: David C. M. Dickson,Mary R. Hardy,Howard R. Waters
Book Format and Price:
Book Format Name: eTextbook
Book Format Price: $62.48
Book Format Name: Hardcover
Book Format Price: $60.00-$65.77
Book Price: $65.77
Book Category: Books, Science & Math, Mathematics and unknown
Book Rating: 47 ratings

Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science) by David C. M. Dickson,Mary R. Hardy,Howard R. Waters Book Review

Name: Jack B.
Rating: 5.0 out of 5 stars
Title: .0 out of 5 stars The definitive actuarial book available
Date: Reviewed in the United States on June 9, 2023
Review: The math

Name: Slydexic
Rating: 3.0 out of 5 stars
Title: .0 out of 5 stars Exercises don't have enough peer review
Date: Reviewed in the United States on January 3, 2022
Review: Not sure why people are giving this book 5 stars. Have they done any of the exercises? I bought this book with the solutions manual to prepare myself for LTAM. The exercises in this book are plagued by inconsistencies.

Some exercises in the sections regarding insurance benefits, annuities, policy reserves, pension mathematics, and profit testing have answers that are different from my calculations. It's frustrating because I can't tell if my results are genuinely wrong or if the exercise has an error. Many of the inconsistencies show my results being off by amounts that would be considered insignificant (e.g. 4,123 versus 4,067), but that inconsistency could still hide an issue with my own calculations.

The exercises constantly switch between using the tables in the appendix and asking readers to use the survival model in tandem with an interest rate other than 5% (which is difficult to calculate by hand because it's Makeham's Law). Let's be honest, only chapters 2 and 3 are allowed to ask readers to use the survival model instead of the table.

It's also difficult to report errors to the authors. The website that goes along with this book has no means to report errors and I can't find a way to contact the authors through a google search (I live in the US by the way). There are some corrections in the errata, but there are very few. If I could report the errors, the errata would be a full page by now.

I don't think the exercises in this book are mindful of people who attempt them. It's obvious that the exercises were created by different people and there wasn't enough effort to peer review them. I did enjoy reading about the concepts in the book though.

Name: Christopher J. Graham
Rating: 3.0 out of 5 stars
Title: .0 out of 5 stars Good book. Poor condition for new.
Date: Reviewed in the United States on September 10, 2022
Review: Bought this text to study for the new SOA Exam, FAM. The book has been very helpful and it is well written. Explanations and examples are very good.

My knock has nothing to do with the content. It’s about the condition in which the book arrived. The top corner of the binding is ripped. Disappointed since I ordered and paid for new condition.

Unfortunately, exam is too close to exchange for better condition.

Name: Anon
Rating: 3.0 out of 5 stars
Title: .0 out of 5 stars Damaged
Date: Reviewed in the United States on September 29, 2022
Review: It’ll work, but it came to me with the cover unattached from the spine. I’ve been charged for damages on rental textbooks that were damaged by someone else before so that’s the only reason I’m documenting this in a review.

Name: Corderroni
Rating: 5.0 out of 5 stars
Title: .0 out of 5 stars Buying secondhand is good for the environment
Date: Reviewed in the United States on May 10, 2023
Review: Buying secondhand is good for the environment. It all reads the same. This was as expected and arrived quickly, no complaints.