Publisher's Synopsis
APL, an eminently suitable programming language for actuaries, is shown in this book to be powerful in dealing with life and non-life actuarial problems. It is not only useful in its performance of mathematical calculations, but also for the administrative tasks connected with some insurance problems. This introduction to APL puts special emphasis on practical insurance applications. The main features of the APL language are described as well as the special APL symbols essential for actuarial applications. Topics such as IBNR, credibility and forecasting are examined. Software available for solving practical insurance problems is discussed, and exercises and solutions are available on a diskette. This diskette can be ordered, free of charge, by completing the coupon to be found in the book.
