Ten Win Actuarial Research Competitions

June 24, 1998

SCHAUMBURG, ILL.--Ten authors of scholarly papers have captured the top actuarial research awards given by the Actuarial Education and Research Fund (AERF) and the Society of Actuaries (SOA). Three awards, the SOA's Edward A. Lew Award and its 1997 Annual Prize, and the AERF's James C.H. Anderson Memorial Award, have honored seven research papers written by the 10 recipients.

The Lew award, which recognizes achievement in actuarial modeling research, is being presented for the first time. Winning papers were chosen by the SOA's Committee on Knowledge Extension Research (CKER). The authors will be honored at the SOA Modeling Conference, December 14 and 15, 1998, in Orlando, Fla. and each paper received a cash award of $5,000. Winning papers and authors were:

"Forecasting Social Security Actuarial Assumptions," Edward W. Frees, Fellow of the Society of Actuaries (FSA), Ph.D., professor of business and statistics; Marjorie A. Rosenberg, FSA, Ph.D.; Virginia Young, FSA, Ph.D., assistant professor, School of Business, all of the University of Wisconsin and Siu-Wai Lai, Associate of the Society of Actuaries (ASA) formerly of the University of Wisconsin, now with First Data/ACTI, Rockville, Md.

"Understanding Relationships Using Copulas," Edward W. Frees and Emiliano Valdez, FSA, Ph.D., University of Wisconsin

"A Longitudinal Data Analysis Interpretation of Credibility Models," Edward W. Frees, Virginia Young, and Yu Luo, ASA, all of the University of Wisconsin

The Annual Prize honors authors of the best paper published in the SOA's North American Actuarial Journal, a prize awarded only if the editorial staff deems one is merited during each calendar year. For 1997, the $500 prize was awarded to two authors: Phelim P. Boyle, Ph.D., Fellow of the Canadian Institute of Actuaries, director of the

'97 Actuarial Research Awards

Center for Advanced Studies in Finance, University of Waterloo; and Sheldon Lin, ASA, Ph.D., and associate professor, Department of Statistics and Actuarial Science, University of Iowa, for their paper, "Optimal Portfolio Selection with Transaction Costs" appearing in the April 1997 issue of the journal.

This is the first year the Anderson prize has been given. It honors papers addressing a different topic each year. The first Anderson prize honored papers addressing "innovative approaches to significant problems created by genetic testing." Honorable mention awards of $5,000 each were given for three papers:

"Should the Law Restrict Insurers' Use of Genetic Information? A Guide to Public Policy," Mark A. Hall, J.D., professor of law and public health, Wake Forest University School of Medicine

"Effective Underwriting in the Genetic Testing Era," Robert J. Johansen, FSA, consulting actuary

"Modeling the Impact of Genetics on Insurance," Angus S. Macdonald, Ph.D. and Fellow of the Faculty of Actuaries, senior lecturer in the Department of Actuarial Mathematics and Statistics, Heriot-Watt University, Edinburgh

The Anderson prize honors James C. H. Anderson for his contributions to the actuarial profession. Anderson is recognized as the builder of the former Tillinghast actuarial firm from two offices into an international consulting firm with 28 offices in seven countries. The firm has since merged with Towers Perrin to become Tillinghast-Towers Perrin. Anderson was also known as an innovative thinker and pioneer in new products and systems.

The AERF carries out research and education projects in the field of actuarial science on behalf of the actuarial profession and its sponsoring organizations.

The SOA is an educational, research and professional membership organization for actuaries practicing in life and health insurance, investments, pensions, and employee benefits. Its members total more than 16,500 in Canada and the United States.
-end-


Society of Actuaries

Related Public Health Articles from Brightsurf:

COVID-19 and the decolonization of Indigenous public health
Indigenous self-determination, leadership and knowledge have helped protect Indigenous communities in Canada during the coronavirus disease 2019 (COVID-19) pandemic, and these principles should be incorporated into public health in future, argue the authors of a commentary in CMAJ (Canadian Medical Association Journal) http://www.cmaj.ca/lookup/doi/10.1503/cmaj.200852.

Public health consequences of policing homelessness
In a new study examining homelessness, researchers find that policy such a lifestyle has massive public health implications, making sleeping on the street even MORE unhealthy.

Electronic health information exchange improves public health disease reporting
Disease tracking is an important area of focus for health departments in the midst of the COVID-19 pandemic.

Pandemic likely to cause long-term health problems, Yale School of Public Health finds
The coronavirus pandemic's life-altering effects are likely to result in lasting physical and mental health consequences for many people--particularly those from vulnerable populations--a new study led by the Yale School of Public Health finds.

The Lancet Public Health: US modelling study estimates impact of school closures for COVID-19 on US health-care workforce and associated mortality
US policymakers considering physical distancing measures to slow the spread of COVID-19 face a difficult trade-off between closing schools to reduce transmission and new cases, and potential health-care worker absenteeism due to additional childcare needs that could ultimately increase mortality from COVID-19, according to new modelling research published in The Lancet Public Health journal.

The Lancet Public Health: Access to identification documents reflecting gender identity may improve trans mental health
Results from a survey of over 20,000 American trans adults suggest that having access to identification documents which reflect their identified gender helps to improve their mental health and may reduce suicidal thoughts, according to a study published in The Lancet Public Health journal.

The Lancet Public Health: Study estimates mental health impact of welfare reform, Universal Credit, in Great Britain
The 2013 Universal Credit welfare reform appears to have led to an increase in the prevalence of psychological distress among unemployed recipients, according to a nationally representative study following more than 52,000 working-age individuals from England, Wales, and Scotland over nine years between 2009-2018, published as part of an issue of The Lancet Public Health journal on income and health.

BU researchers: Pornography is not a 'public health crisis'
Researchers from the Boston University School of Public Health (BUSPH) have written an editorial in the American Journal of Public Health special February issue arguing against the claim that pornography is a public health crisis, and explaining why such a claim actually endangers the health of the public.

The Lancet Public Health: Ageism linked to poorer health in older people in England
Ageism may be linked with poorer health in older people in England, according to an observational study of over 7,500 people aged over 50 published in The Lancet Public Health journal.

Study: Public transportation use linked to better public health
Promoting robust public transportation systems may come with a bonus for public health -- lower obesity rates.

Read More: Public Health News and Public Health Current Events
Brightsurf.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.