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University of ��ݮ��Ƶ 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 ��ݮ��Ƶ appointed Professor Richard Cook a “University Professor” in recognition of his outstanding research contributions in the field of Biostatistics. ��ݮ��Ƶ’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: .

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 ��ݮ��Ƶ’s $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.

The Department of Statistics and Actuarial Science would like to congratulate Professor Richard J Cook for being awarded the five-year Faculty of Mathematics Research Chair position in recognition of his outstanding research contributions. The Faculty of Mathematics recognizes Richard's exceptional scholarly achievements and pre-eminence in the field of Statistics. Richard will receive a $250,000 research grant and a teaching reduction of one course per year.

On October 4, 2019, the�� (WEF) and University of ��ݮ��Ƶ appointed Professor Tony Wirjanto as the��Curator in Insurance and Asset��Management for the WEF.