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While a high school student in Toronto, Maysum Panju knew that the University of Waterloo was the destination for math. While working on his undergraduate degree and Master’s in computational math, he started learning about machine learning. That led to his interests in developing algorithms and theoretical proofs and he decided to start his PhD in statistics.

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.

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.

Four graduate students were awarded a departmental research presentation award by the Department of Statistics and Actuarial Science, but that's not all they have in common. They all came to Waterloo because they knew of the excellence of the Statistics programs, research, and professors. Their backgrounds vary, as do their research areas, but they have all had a great experience.

Statistics and Actuarial Science PhD candidate Rui Qiao was one of the six students who won the 2019 Huawei Prize for Best Research Paper by a Mathematics Graduate Student. This award recognizes the impact of his Deep learning enables de novo peptide sequencing from data-independent-acquisition mass spectrometry with a prize of $4,000.

Companies that fail to curb their carbon output may eventually face the consequences of asset devaluation and stock price depreciation, according to a new study out of the University of Waterloo.

The researchers further determined that the failure of companies within the emission-intensive sector to take carbon reduction actions could start negatively impacting the general stock market in as little as 10 years’ time.