Introductory Stochastic Analysis for Finance and Insurance

 It has been class-tested extensively in a variety of financial environments.

It is written at a level which is friendly to actuaries, i.e. devoid of heavy proofs. 

 There is an extensive bibliography at the rear of the book that serves as a primary source for new and timely publications in a constantly changing, dynamic marketplace.

The last two chapters are devoted to advanced topics, such as the Feynman-Kac Formula, the Girsanov Theorem and complex barrier hitting times and two specific insurance applications, valuation of an equity-indexed annuity under a stochastic interest rate environment and calculated reserve for Universal Life. 

 Unlike most introductory texts in probability theory, attention is paid to: