Probability Theory: Key Concepts and Tools for SOA Exam P & CAS Exam 1

This book presents in a very compact way the fundamental aspects of probability theory. It provides the key concepts and tools a student needs to master the Exam P of the Society of Actuaries (SOA) and the Exam 1 of the Casualty Actuarial Society (CAS).

This text benefits from the vision and experience of the author, who is a professor who has taught probability theory in finance, insurance, and risk management for many years. The author is also a Fellow of the Society of Actuaries.

Students...