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.
A new research paper Self-Consistency, Subjective Pricing, and a Theory of Credit Rating by Professor Ruodu Wang and his co-authors was recently featured in a Bloomberg news article:Riskier CLOs Get Big Boost From S&P in ‘New Ratings Shopping’.
To view the paper, please visit Social Science Research Network (SSRN).
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.
The University has appointed Professor Alexander Schied as a University Research Chair.
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.
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.
By adding a ‘digital roll’ to its iconic game, Tim Hortons’ Roll up the Rim contest now has some statistical similarities to slot machines.
They won’t graduate until next spring, but their startup has already taken flight.
The five founders of Gooloo recently earned a spot in the University of Waterloo’s Concept $5K Finals, where they explained their business model to a panel of judges alongside nine other student teams.
Pengyu Wei holds a PhD in Mathematics from Oxford University from 2018. He is joining us from a senior research associate position at the University of New South Wales Business School. His research interests include quantitative finance, risk management and actuarial science. Given his research expertise at the interface between mathematical finance and actuarial science, Pengyu will create stronger linkages between existing faculty members in these two important areas.