---
product_id: 383524193
title: "Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)"
price: "€ 189.31"
currency: EUR
in_stock: true
reviews_count: 5
url: https://www.desertcart.gr/products/383524193-actuarial-mathematics-for-life-contingent-risks-international-series-on-actuarial
store_origin: GR
region: Greece
---

# Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)

**Price:** € 189.31
**Availability:** ✅ In Stock

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- **What is this?** Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)
- **How much does it cost?** € 189.31 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.gr](https://www.desertcart.gr/products/383524193-actuarial-mathematics-for-life-contingent-risks-international-series-on-actuarial)

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## Description

The substantially updated third edition of the popular Actuarial Mathematics for Life Contingent Risks is suitable for advanced undergraduate and graduate students of actuarial science, for trainee actuaries preparing for professional actuarial examinations, and for life insurance practitioners who wish to increase or update their technical knowledge. The authors provide intuitive explanations alongside mathematical theory, equipping readers to understand the material in sufficient depth to apply it in real-world situations and to adapt their results in a changing insurance environment. Topics include modern actuarial paradigms, such as multiple state models, cash-flow projection methods and option theory, all of which are required for managing the increasingly complex range of contemporary long-term insurance products. Numerous exam-style questions allow readers to prepare for traditional professional actuarial exams, and extensive use of Excel ensures that readers are ready for modern, Excel-based exams and for the actuarial work environment. The Solutions Manual (ISBN 9781108747615), available for separate purchase, provides detailed solutions to the text's exercises.

Review: The definitive actuarial book available - The math
Review: Exercises don't have enough peer review - Not sure why people are giving this book 5 stars. Have they done any of the exercises? I bought this book with the solutions manual to prepare myself for LTAM. The exercises in this book are plagued by inconsistencies. Some exercises in the sections regarding insurance benefits, annuities, policy reserves, pension mathematics, and profit testing have answers that are different from my calculations. It's frustrating because I can't tell if my results are genuinely wrong or if the exercise has an error. Many of the inconsistencies show my results being off by amounts that would be considered insignificant (e.g. 4,123 versus 4,067), but that inconsistency could still hide an issue with my own calculations. The exercises constantly switch between using the tables in the appendix and asking readers to use the survival model in tandem with an interest rate other than 5% (which is difficult to calculate by hand because it's Makeham's Law). Let's be honest, only chapters 2 and 3 are allowed to ask readers to use the survival model instead of the table. It's also difficult to report errors to the authors. The website that goes along with this book has no means to report errors and I can't find a way to contact the authors through a google search (I live in the US by the way). There are some corrections in the errata, but there are very few. If I could report the errors, the errata would be a full page by now. I don't think the exercises in this book are mindful of people who attempt them. It's obvious that the exercises were created by different people and there wasn't enough effort to peer review them. I did enjoy reading about the concepts in the book though.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | #522,366 in Books ( See Top 100 in Books ) #466 in Econometrics & Statistics #22,883 in Analysis & Strategy #38,383 in Personal Transformation |
| Customer Reviews | 4.6 out of 5 stars 56 Reviews |

## Images

![Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science) - Image 1](https://m.media-amazon.com/images/I/71fISrR0HwL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ The definitive actuarial book available
*by J***. on 9 June 2023*

The math

### ⭐⭐⭐ Exercises don't have enough peer review
*by S***C on 3 January 2022*

Not sure why people are giving this book 5 stars. Have they done any of the exercises? I bought this book with the solutions manual to prepare myself for LTAM. The exercises in this book are plagued by inconsistencies. Some exercises in the sections regarding insurance benefits, annuities, policy reserves, pension mathematics, and profit testing have answers that are different from my calculations. It's frustrating because I can't tell if my results are genuinely wrong or if the exercise has an error. Many of the inconsistencies show my results being off by amounts that would be considered insignificant (e.g. 4,123 versus 4,067), but that inconsistency could still hide an issue with my own calculations. The exercises constantly switch between using the tables in the appendix and asking readers to use the survival model in tandem with an interest rate other than 5% (which is difficult to calculate by hand because it's Makeham's Law). Let's be honest, only chapters 2 and 3 are allowed to ask readers to use the survival model instead of the table. It's also difficult to report errors to the authors. The website that goes along with this book has no means to report errors and I can't find a way to contact the authors through a google search (I live in the US by the way). There are some corrections in the errata, but there are very few. If I could report the errors, the errata would be a full page by now. I don't think the exercises in this book are mindful of people who attempt them. It's obvious that the exercises were created by different people and there wasn't enough effort to peer review them. I did enjoy reading about the concepts in the book though.

### ⭐⭐⭐ Good book. Poor condition for new.
*by C***M on 10 September 2022*

Bought this text to study for the new SOA Exam, FAM. The book has been very helpful and it is well written. Explanations and examples are very good. My knock has nothing to do with the content. It’s about the condition in which the book arrived. The top corner of the binding is ripped. Disappointed since I ordered and paid for new condition. Unfortunately, exam is too close to exchange for better condition.

## Frequently Bought Together

- Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)
- Solutions Manual for Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science)
- Loss Models: From Data to Decisions (Wiley Series in Probability and Statistics)

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*Product available on Desertcart Greece*
*Store origin: GR*
*Last updated: 2026-08-30*