SCOR continues to support actuarial science in 2024, presenting
Actuarial Awards in seven countries and launching an annual
scholarship in the UK
Press release
13 December 2024 - N° 22
SCOR continues to support actuarial
science in 2024, presenting Actuarial Awards in seven countries and
launching an annual scholarship in the UK
Each year since 1996, SCOR has rewarded the best
research in the field of actuarial science with prizes in several
countries.
These prizes are designed to promote the
development of actuarial science, to encourage research in this
field, and to contribute to the improvement of risk knowledge and
management. The SCOR Actuarial Awards are recognized in the
insurance and reinsurance industries as a mark of excellence. The
Actuarial Awards in France are supported by the SCOR Corporate
Foundation for Science, chaired by Pierre-André Chiappori.
The SCOR Actuarial Awards juries are composed of
internationally recognized researchers and insurance, reinsurance
and finance professionals. The winners are selected for their
command of actuarial concepts, the quality of their analytical
methods, and the originality of their research in terms of
scientific advances and potential practical applications to the
world of risk management.
In 2024, SCOR presented Actuarial Awards in
seven countries: Australia, France, Germany, Italy, Singapore,
Sweden, and Switzerland. This was the inaugural year for the new
SCOR Actuarial Awards in Asia-Pacific, which are open to students
from universities in countries where SCOR has an office. The new
APAC awards are organized in conjunction with the IFoA Foundation,
the charity of the UK’s Institute and Faculty of Actuaries.
2024 also saw the launch of a new actuarial
scholarship program in the UK. Designed to invest in the career
development of budding actuaries right from the start of their
studies, the program will award two corporate scholarships per year
to eligible students intending to study on an accredited actuarial
course in the UK and/or Ireland.
If you would like to submit your research for
the 2025 Actuarial Awards (including the biennial Iberian Peninsula
awards), or to apply for the UK scholarship, the entry details will
be online in January at www.scor.com/en/actuarial-awards.
Thierry Léger, Chief Executive Officer
of SCOR, comments: “In today’s rapidly evolving risk
landscape, the ongoing development of risk knowledge and management
is crucial to the (re)insurance industry. I would like to thank all
our winners in 2024 for their contribution to that development
through their valuable and insightful work. Our Actuarial Awards
have been supporting actuarial science for the past 28 years. By
expanding their reach to Asia-Pacific and creating a scholarship
program for actuarial undergraduates in the UK, we are fortifying
SCOR’s firm commitment to pushing back the frontiers of
insurability and contributing to the welfare, resilience, and
sustainable development of society.”
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SCOR Actuarial Award Winners in
2024
On 3 October in Zurich, Fabian
Uffer, SCOR’s Chief Risk Officer, presented the Actuarial Award for
Switzerland at an actuarial conference held in conjunction with the
sustainability working group of the Swiss Association of Actuaries
(SAV). The prize went to Dr. Simona Meiler of ETH
Zurich, for her doctoral thesis “Unraveling unknowns in tropical
cyclone risk assessment.”
On 11 October in Stockholm,
Svein Børre Solvang, CEO of SCOR Sweden Re, Christian Cypris, Head
of Pricing & Data, Central Europe & Nordics at SCOR Life
& Health, and Rasmus Thunberg, representing the Swedish
Actuarial Association, presented the Actuarial Award for Sweden
during the annual SCOR Sweden Re Nordic Life Insurance Conference.
The 2024 prize was awarded to Vilma Guevara
Härkönen of Stockholm University, for her Master's thesis
“On Claims Reserving with Machine Learning Techniques.”
On 18 November in Mannheim,
Wolfgang Schanz, Head of Central Pricing at SCOR in Cologne, and
Dr. Stefan Schelling from Ulm University, presented the Actuarial
Awards for Germany. The winners were Robin Sell of
the University of Cologne (first prize), for his Master's thesis
"Spectral Decomposition in Fixed Income: Leveraging Principal
Components for Portfolio Analysis and Macroeconomic
Interpretation", Dr. Yusha Chen of Ulm University
(second prize), for her doctoral dissertation "Life Insurance
Companies: Product Design, Marketing, and Investment", and
Anna Ströse of TH Rosenheim, for her Bachelor's
thesis "Kalenderjahresrisiko im Chain-Ladder-Modell: Herleitung der
Merz-Wüthrich-Formel über das Law of Propagation of Uncertainty"
(Calendar year risk in the chain ladder model: Derivation of the
Merz-Wüthrich formula using the Law of Propagation of
Uncertainty).
On 27 November in Sydney and 28 November
in Singapore, Paula Bourke, SCOR Head of Life & Health
for Australia and New Zealand, and Mukul Kishore, SCOR Head of
P&C for APAC, respectively presented the new Actuarial Awards
for the Asia-Pacific region. The first prize went to
Michelle Kundai Vhudzijena, PhD, Senior Research
Associate at UNSW in Sydney, for her doctoral thesis “Modelling
mortality heterogeneity using health trajectories and
multimorbidity”. The second prize was awarded to Dr. Yanbin
Xu of Nanyang Technological University Singapore, for his
doctoral thesis “Climate change and sustainability: An actuarial
risk management perspective.”
On 11 December in Milan,
Manuela Colombo, P&C Head of South Europe and Legal
Representative for SCOR Italy, and president of the jury Professor
Nino Savelli of Milan’s Università Cattolica, presented the 2024
Actuarial Awards for Italy. The awards went to Beatrice
Parravicini of Milan’s Università Cattolica, for her
Master’s thesis “Parametric insurance coverages against natural
catastrophe risks: a new risk transfer solution in a world of
climate extremes”, and Lorenzo Zubin of the
University of Trieste, for his Master’s thesis “I modelli regime
switching per la valutazione del rischio di estinzione anticipata
di massa” (Regime-switching models for the assessment of mass lapse
risk).
On 11 December in Paris,
Philippe Trainar, Director of the SCOR Foundation, and president of
the jury Professor Stéphane Loisel of CNAM, presented the 2024
Actuarial Awards for France following the annual actuarial
conference organized in conjunction with the French Institute of
Actuaries, in the presence of its President, Laurence Bauduin.
Sébastien Farkas, of Sorbonne University, received
the Prix des Jeunes Docteurs for his doctoral dissertation
“Mathématiques appliquées à l’assurance des risques numériques”
(Mathematics applied to the insurance of digital risks). The
Prix des Jeunes Actuaires was awarded to Nicxan
Hensman Stalin of Université Paris Dauphine-PSL, for his
thesis “Modélisation d’une carte d’exposition au risque ouragan aux
États-Unis” (Modeling a hurricane exposure map in the USA).
The winning papers can be accessed from the
Actuarial Awards page on SCOR’s website.
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SCOR, a leading global reinsurer
As a leading global reinsurer, SCOR offers its clients a
diversified and innovative range of reinsurance and insurance
solutions and services to control and manage risk. Applying “The
Art & Science of Risk”, SCOR uses its industry-recognized
expertise and cutting-edge financial solutions to serve its clients
and contribute to the welfare and resilience of society.
The Group generated premiums of EUR 19.4 billion in 2023 and serves
clients in around 160 countries from its 35 offices worldwide.
For more information, visit: www.scor.com
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Investor Relations
Thomas Fossard
InvestorRelations@scor.com
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