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News archive - June 2021

Wednesday, June 23, 2021

Professor Jun Cai wins the prestigious Bob Alting von Geusau Prize

Jun Cai (Statistics and Actuarial Science, Waterloo) and his co-author Tiantian Mao (currently at University of Science and Tech


Professor Jun Cai (Statistics and Actuarial Science, Waterloo) and his co-author Dr. Tiantian Mao (former postdoc in Statistics and Actuarial Science,  Waterloo, currently Associate Professor at the University of Science and Technology of China) have been awarded the International Actuarial Association’s Bob Alting von Geusau Prize for 2020 for their paper titled "Risk Measures Derived From a Regulator’s Perspective on the Regulatory Capital Requirements for Insurers" published in ASTIN Bulletin. 

The paper proposes new risk measures from a regulator’s perspective on the regulatory capital requirements. The new risk measures not only generalize the existing, well-known risk measures in the literature, including the Dutch, Tail Value-at-Risk (TVaR), and expectile measures, but also provide new approaches to generate feasible and practical coherent risk measures. These new risk measures emphasize the control of downside risks and are particularly useful for agents who face serious downside risks. 

The Bob Alting von Geusau Prize, sponsored by the Actuarial Approach for Financial Risks (AFIR-ERM) Section of the International Actuarial Association(IAA), is presented annually for the best article published in ASTIN Bulletin with a Financial Risk or Enterprise Risk Management focus. The prize comes with 5,000 Canadian Dollars and an invitation to present the paper at the AFIR-ERM colloquium next year.

To learn more about the Bob Alting von Geusau Prize or the AFIR-ERM, visit the IAA website.

Tuesday, June 8, 2021

Mary Thompson, SSC Honorary Member 2021

Mary Thompson

Mary E. Thompson, Distinguished Professor Emerita of Statistics at the University of Waterloo, has been named an Honorary Member of the Statistical Society of Canada (SSC). This award is intended to honor an individual who has made exceptional contributions to the development of the statistical sciences in Canada and whose work has had a major impact in this country.

To learn more about Mary's achievement, please see the full award annoucement on the SSC website.

Wednesday, June 2, 2021

Congratulations Junhan Fang, winner of the 2021 Pierre Robillard Award!

Junhan Fang

The Department of Statistics and Actuarial Science would like to congratulate Junhan Fang as 2021 Pierre Robillard Award winner for her thesis "Matrix-Variate Regression with Measurement Error".  This achievement is awarded by the Statistical Society of Canada (SSC) each year to the probility or statistics PhD student who best defended their thesis at a Canadian University in a given year. 

To learn more about Junhan's thesis, please see the full award annoucement on the SSC website.

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