Actuarial models for disability insurance

"Actuarial Models for Disability Insurance deals with the actuarial structure of disability insurance, long-term care insurance, and critical illness cover. It is the first book to examine, in a unified manner, the actuarial problems in the design and development of a wide range of disability and care insurances. The calculations methods used in various countries for actuarial problems, and in particular pricing and reserving, are treated within the context of multiple state modelling, providing a mathematically vigorous and sound framework for analysing insurances of the people.". "Actuarial Models for Disability Insurance is an invaluable reference source for academics in the fields of actuarial science and insurance economics, and for professional actuaries in insurance companies, consultancy firms, and those operating in the areas of training and continuing professional development."--BOOK JACKET.