Insurance actuarial theory

 This book addresses both to students who intend to study the insurance field, offering them the necessary knowledge on the use of actuarial instruments in risk management activities, and to specialists, contributing to developing their ability to efficiently solve the increasingly more complex issues imposed by the insurance practice. One purpose of this paper is to present the fundamental concepts that actuarial theory operates with and methods of their application in insurance.

This paper highlights the theoretical concepts related to utility theory, highlights the quantitative and qualitative factors used in technical and mathematical reserves substantion and brings forward actuarial methods and techniques used for assesing risks.