SCOR an award in France, Italy and the UK
Every year SCOR rewards the best academic projects in the fi eld of actuarial science, nominated under the auspices of its Actuarial Awards or Prix de l’Actuariat.
These actuarial prizes, designed to enhance the actuarial intellectual capital of the future, promote and encourage research in actuarial science and risk management. This year a total of around €25 000 (£16 900) was awarded in Europe. The Actuarial Awards usually take place in France, the UK, Italy and Germany. An additional awards ceremony is scheduled to take place in Switzerland this year.
André Lévy-Lang, associate emeritus professor at l’Université Paris-Dauphine and president of the jury, along with Denis Kessler, chairman and CEO of SCOR SE, awarded the 2007 France prizes on 3 December 2007 in Paris. Two prizes were awarded, one to Pierre Thérond of the Institut de Science Financière et d’Assurances (ISFA) for his thesis Measuring and managing insurance risks: a critical analysis of future standards (Mesure et gestion des risques d’assurance: analyse critique des futurs référentiels) and one to Géraldine Krauth of the Conservatoire National des Arts et Métiers (CNAM) for her dissertation on Reserving and correlation between branches (Provisionnement et corrélation entre branches).
Professor Riccardo Ottavani, of the Università La Sapienza in Rome, awarded the 2007 Italy prizes on 22 November 2007 in Milan, in the presence of Umberto Gavazzi, Europe, Middle East and Africa director of SCOR Global P&C. Two prizes were awarded, to Brunella Lando of the Università del Sannio, Benvenuto, for her study entitled A stochastic model for the valuation of loss reserves in the Solvency II framework: The Mack model (Un modello stocastico per il calcolo della riserva sinistri nell’ottica Solvency II: Il modello di Mack) and to Isabella Silvestri of the Università Cattolica del Sacro Cuore, Milan, for her work on The valuation of loss reserves in property and casualty insurance: deterministic and stochastic actuarial models (La valutazione della riserva sinistri nelle assicurazioni danni : metodi attuariali deterministici e stocastici).
Chris Daykin, government actuary until recently, awarded the 2007 UK prizes in London on 21 November 2007, in the presence of Denis Kessler. Two prizes were awarded, to Jonathan Richardson of Cass Business School, City University London, for his work entitled The shape of things to come: the effect of obesity on mortality rates in the UK, and to George Aristides of the same business school for his study Modelling utility under uncertainty: further along the alternative path.
