Actuarial Mathematics for Life Contingent Risks by David C. M. Dickson, Mary R. Hardy and Howard R. Waters is an English-language textbook on the mathematics for life contingent risks. It focuses on actuarial sciences and is suitable for students and professionals who want to deepen their knowledge.
This third, strongly updated edition covers modern actuarial methods such as multiple state models, cash flow projections, and option theory. The book provides a theoretical foundation combined with intuitive explanations, enabling readers to apply the material in the practice of life insurance and pensions. Extensive practice questions and the use of Excel support preparation for professional exams and the actuarial workplace.
The content aligns with topics such as insurance and actuarial studies, econometrics and statistics within business & economics. A separately available Solutions Manual (ISBN 9781108747615) provides detailed solutions to the exercises.
Series: International Series on Actuarial Science