Distributions for Actuaries, the second volume of the new CAS Monograph Series, is now available for download. In Distributions for Actuaries, author David Bahnemann brings together two important elements of actuarial practice: an academic presentation of parametric distributions and the application of these distributions in the actuarial paradigm.
The Bahnemann monograph is a practical desk reference manual for CAS members to use whenever faced with a problem involving parametric distributions as well as an introductory text for those wishing to learn the subject matter.
All of the examples in Distributions for Actuaries are specifically insurance-related. The monograph contains more than six dozen illustrative examples and more than 170 problems that serve as a tool for mastering the fundamentals. It is designed to expand on the basic ideas to demonstrate applications beyond those presented in the text.
Bahnemann studied mathematics and statistics at the University of Minnesota and at Stanford University. Now retired, he spent 25 years providing actuarial support to several excess and surplus lines underwriting departments.
CAS monographs are authoritative, peer-reviewed, in-depth works focusing on important topics within property and casualty actuarial practice. The CAS Monograph Series initiative fulfills the goal of creating an important addition to the existing body of CAS literature, with each monograph enabling the comprehensive treatment of a single subject. The Monograph Editorial Board (MEB) manages the monograph publication process in close coordination with the CAS editorial staff. Submission guidelines can be found on the CAS web site or by contacting Donna Royston at droyston@cas.org.
