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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.