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European Actuarial Journal
Published in: European Actuarial Journal 1/2023

16-03-2023 | Book Reviews

Book review: Pricing insurance risk – theory and practice (by Stephen J. Mildenhall and John A. Major)

Author: Jan Dhaene

Published in: European Actuarial Journal | Issue 1/2023

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Excerpt

This timely book focusses on the risk of losses arising from selling insurance contracts. It offers the reader a thorough overview of the theory and practice of how to price insurance risk, ‘the last mile of underwriting’. Pricing insurance risk is a topic of great concern mainly to actuaries, but the book is definitely relevant for a broader audience, including risk managers and other professionals working on modelling, valuating and/or pricing non-hedgeable risk. The book leans towards a property-casualty perspective, and in particular towards catastrophe risk. However, most of the principles laid out in the book apply to any type of insurance risk. …
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Metadata
Title
Book review: Pricing insurance risk – theory and practice (by Stephen J. Mildenhall and John A. Major)
Author
Jan Dhaene
Publication date
16-03-2023
Publisher
Springer Berlin Heidelberg
Published in
European Actuarial Journal / Issue 1/2023
Print ISSN: 2190-9733
Electronic ISSN: 2190-9741
DOI
https://doi.org/10.1007/s13385-023-00344-6

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