A textbook aimed at final year undergraduate students and graduate students preparing for actuarial examinations. The text covers traditional areas of actuarial activity in a manner which highlights the fundamental principles and the economic, statistical, and financial foundations of actuarial theory and practice. Coverage includes investment, life insurance, general insurance, pensions, and actuarial models. Although all five authors are UK-based, various illustrative examples have been taken from the US as well as the UK. Annotation c. by Book News, Inc., Portland, Or.