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Wednesday, October 14, 2020

Investing in longevity of research

Johnny Li

Longevity risk is an essential concept for life insurance companies and reinsurance companies. A deep understanding of the risk is crucial, as an underestimation of longevity can seriously affect the financial healthiness of pension plans and annuity funds.

Wednesday, April 22, 2020

Here's how I cracked Roll up the Rim and won (almost) every time

Tim Hortons roll-up-the-rim cup and win tabs
A statistics professor used his expertise in calculating probabilities to come up with a 98 winning percentage for Tim Hortons popular Roll up the Rim contest.
Monday, April 13, 2020

New method for evaluating large portfolios

Male on the phone in front of monitors with graphs

University of Waterloo Faculty to Mathematics researchers have developed a new method that enables large insurers to reduce the time spent estimating the financial liabilities of their portfolios from days to hours while achieving high accuracy.

A study details the new method which significantly reduces computational time, but still estimates the financial liability of variable annuity portfolios accurately for business purposes.

Wednesday, April 8, 2020

Richard Cook appointed University Professor

Richard J. Cook

The University of Waterloo appointed Professor Richard Cook a “University Professor” in recognition of his outstanding research contributions in the field of Biostatistics. Waterloo’s designation of University Professor acknowledges exceptional scholarly achievement and international pre-eminence.

Monday, April 6, 2020

Yilin Chen wins 2020 Huawei Prize for Best Research Paper

Statistics and Actuarial Science PhD candidate Yilin Chen is one of two students to claim the 2020 Huawei Prize for Best Research paper by a Mathematics Graduate Student. The $4,000 prize affirms the value of Chen’s efforts to establish a framework for analyzing nonprobability survey samples in her winning paper: Doubly Robust Interference with Nonprobability Survey Samples.