AFIR - ERM

Bob Alting von Geusau Prize

In 2002, AFIR-ERM established The Bob Alting von Geusau Memorial Prize, in honour of its late and long-serving treasurer. The prize was awarded for the first time in 2003 in von Geusau’s home country at the 13th AFIR/ERM Colloquium in Maastricht (Netherlands).

All successful recipients of the Bob Alting von Geusau Prize are listed below.

Online Joint Sections Colloquium 2021
Ordered Risk Aggregation Under Dependence Uncertainty - Yuyu Chen, Liyuan Lin and Ruodu Wang
Modern Life-Care Tontines - Peter Hieber and Natalie Lucas

AFIR-ERM Colloquium, Florence 2019
Fair valuation of insurance liability cash flow streams in continuous time Lukasz Delong (Warsaw School of Economics)

ICA, Berlin 2018
An Analysis Of The Solvency II Regulatory Framework’s Smith-Wilson Model For The Term Structure Of Risk-free Interest Rates Peter Løchte Jørgensen (Aarhus University)

Call for Papers and Research Grants

Published Papers: 

Model Governance and Rational Adaptability in Enterprise Risk Management - January 2020  Authors: Michael Bruce Beck, David Ingram and Michael Thompson The problem context of this work is what has been called the “Insurance Cycle”. In this cycle we recognise four qualitatively different risk environments, or seasons of risk. We address the use of models for supporting an insurer’s decision making for enterprise risk management (ERM) across all four seasons of the cycle. In particular, the report focusses expressly on: first, the matter of governance for dealing with model risk; and, second, model support for Rational Adaptability (RA) at the transitions among the seasons of risk. This latter examines what may happen around the turning points in the Insurance Cycle (any cycle, for that matter), when the risk of a model generating flawed foresight will generally be at its highest.

Previous Calls for Papers:

• 2019 - Digital Innovation in Actuarial Science
• 2021 - Emerging Risks and Actuarial Innovations
• 2023 - Call for Research