Download or read book Risk Analysis in Finance and Insurance written by Alexander Melnikov and published by CRC Press. This book was released on 2003-09-25 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historically, financial and insurance risks were separate subjects most often analyzed using qualitative methods. The development of quantitative methods based on stochastic analysis is an important achievement of modern financial mathematics, one that can naturally be extended and applied in actuarial mathematics. Risk Analysis in Finance