Introduction and motivation -- The basic deterministic model -- The life table -- Life annuities -- Life insurance -- Insurance and annuity reserves -- Fractional durations -- Continuous payments -- Select mortality -- Multiple-life contracts -- Multiple-decrement theory -- Expenses -- Survival distributions and failure times -- The stochastic approach to insurance and annuities -- Simplifications under level benefit contracts -- The minimum failure time -- The collective risk model -- Risk assessment
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Providing a basic introduction to actuarial mathematics, this work covers all the material on the modeling examinations of the Society of Actuaries and the Casualty Actuarial Society (SOA exam M and CSA exam 3)