IAALS Ragnar Norberg Memorial Prize
IAALS Ragnar Norberg Memorial Prize
The IAA Life Section (IAALS) Board is delighted to announce the creation of an annual prize. This will be offered each year for the best contribution to the ASTIN Bulletin – The Journal of the International Actuarial Association – on a subject related to life insurance. The Prize will be named the "Ragnar Norberg Memorial Prize". A monetary prize of 3,000 Canadian dollars will be awarded to the winning author(s). This prize supersedes the previous IAALS Awards.
Ragnar Norberg is fondly remembered and much respected by his colleagues for his work at the University of Oslo (Norway), the University of Copenhagen (Denmark), the London School of Economics (UK) and the Université Claude Bernard Lyon 1 (France). In his long and varied career, spanning four decades and four countries, Ragnar published extensively and significantly influenced his colleagues and students, guiding their practices, today and into the future. This annual Prize will perpetuate his memory and recognizes his exceptional contribution to our profession.
The first award will be based on articles published in the ASTIN Bulletin during 2023. The winning author(s) will be given the opportunity to present their research at upcoming Section Colloquium. All contributions published in the ASTIN Bulletin will be eligible for the Prize, and no specific application need be made by any author, in order to be considered. Hopefully, the announcement of this Prize will encourage many researchers into the actuarial aspects of life insurance to share the results of their research through submitting publications to the ASTIN Bulletin.
Congratulations to the 2025 Winners:
Len Patrick Garces, Yang Shen, Michael Sherris,Yuxin Zhou and Jonathan Ziveyi!
Risk-Sharing Mechanisms for Mortality Pooling Products Under Stochastic and Correlated Mortality Dynamics
ASTIN Bulletin: The Journal of the IAA , Volume 55 , Special Issue 3: Risk Sharing , September 2025 , pp. 585 - 614
Past Prize Winners
- 2025: Risk-Sharing Mechanisms for Mortality Pooling Products Under Stochastic and Correlated Mortality Dynamics
- 2024: Risk Sharing in Equity-Linked Insurance Products: Stackelberg Equilibrium Between an Insurer and a Reinsurer, Yevhen Havrylenko, Maria Hinken, and Rudi Zagst
- 2023: The 3-Step Hedge-Based Valuation: Fair Valuation in The Presence of Systematic Risks, Daniël Linders
- JoCo 2025 São Paulo: Explainable Least Square Monte Carlo for Solvency Calculation in Life Insurance, by Francesca Perla, Salvatore Scognamiglio, Andrea Spadaro & Paolo Zanetti
- JoCo 2024 Brussels: Impacts of Climate Change on Mortality: An extrapolation of temperature effects based on time series data in France, by Quentin Guibert, Gaëlle Pincemin & Frédéric Planchet
- ICA 2023 Sydney: Aggregate Markov Models in Life Insurance: Properties and Valuation, by Jamaal Ahmad, Mogens Bladt & Christian Furrer
- ICA 2018
- 1. Extension, Compression and Beyond a unique classification system for mortality evolution patterns, Martin Genz (Ulm University. Institute for Financial and Actuarial Science Ulm. Ifa)
2. Impact of Management Actions in Life Insurance, Estelle Gerondeau (Actuaries) - 2013: Safe-side Scenarios for Financial and Biometrical Risk, Marcus Christiansen and Mogens Steffensen
- 2009: A universal pricing framework for guaranteed minimum benefits in variable annuities, Daniel Bauer