SCOR supports actuarial science by presenting Actuarial Awards in five countries in 2019

Press Release

December 16, 2019 - N° 36

SCOR supports actuarial science by presenting
Actuarial Awards in five countries in 2019

Every year since 1996, SCOR has rewarded the best academic work in the field of actuarial science with annual prizes in several countries throughout the world. 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.

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 2019, SCOR presented Actuarial Awards in five countries around the world: Sweden (October 12), the UK (November 12), Germany (November 18), Italy (December 11) and France (December 12).

Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: “The SCOR Actuarial Awards have been rewarding innovative work by young actuaries from around the world for more than 24 years. In keeping with its long-term commitment to research, the SCOR group, through the work of its Corporate Foundation for Science, is proud to contribute to the development of actuarial science and to support new thinking on risk analysis and management while promoting the recognition of young talent.”

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Presentation of the SCOR 2019 Actuarial Awards

On October 11 in Stockholm, Sweden, Svein Børre Solvang, CEO of SCOR Sweden Re, and Malcolm Newman, Managing Director of SCOR’s EMEA Hub, presented the Actuarial prize for Sweden during the annual SCOR Sweden Re conference. The 2019 prize was awarded to Maryna Lundgren, of the Swedish Financial Supervisory Authority, for her dissertation, “Modelling of Expenses in Solvency 2”.

On November 12 in London, UK, Denis Kessler, Chairman & CEO of SCOR, and Andrew Smith, Assistant Professor, School of Mathematics and Statistics, University College Dublin (and incoming Chair of the UK Actuarial Prize Jury), presented the UK Actuarial Award. The 2019 prize went to Vaishno Devi Makam of the Cass Business School, City University London, for her dissertation “Sensitivity Analysis: A weighting approach for ranking the order of model inputs”.