Lectures on insurance models (Q1026824)

In this book there are introduced some basic mathematical concepts related to insurance models. The author is mainly concerned with models from collective risk theory. The mathematical theory is developed in terms of continuous time stochastic processes. That is why, renewal processes and later stochastic differential equations are intensively studied in this book. The reviewer considers that the present volume is very well written and that it is an useful material for those interested in applications of mathematics to finance.