PRIZES AND GRANTS
The Geneva Association/IIS Research Award Partnership
The Geneva Association and the International Insurance Society (IIS)have joined in a programme with business leaders in insurance to sponsor applied research in the insurance area. The purpose of the research programme is to create original, practically oriented research which addresses current business issues and problems of concern to senior insurance executives around the world. The programme is designed to fulfill a need of business to investigate subjects which directly influence daily business operations and operational business concerns or issues on a practical level.
Researchers present the research selected to business executives at the yearly meeting of the International Insurance Society. The research is published and distributed by both the IIS and The Geneva Association in a special edition of The Geneva Papers on Risk and Insurance – Issues and Practice. Research Awards for the best-qualified papers are presented in an amount up to $10,000.
To view the Call for Papers, click here.
Ernst Meyer Prize and Research Grants
The Geneva Association offers the following programme for prizes, grants and subsidies.
1. Ernst Meyer Prize
The Geneva Association awards every year the prestigious Ernst Meyer Prize for university research work, usually in the form of a doctoral thesis, which makes a significant and original contribution to the study of risk and insurance economics.
The application should include all of the following:
■ Three hardcopies of the thesis;
■ An electronic version (pdf) of the thesis;
■ An English language abstract of 1,000 –1,200 words;
■ Two recommendations (written in English), each providing a review of the submitted work; and
■ A curriculum vitae in English.
Further requirements :
■ The thesis should have been accepted by the Ph.D. committee during the 15 months preceding the submission deadline.
■ Submissions are possible in one of the following languages: English, French, Spanish, German.
■ The prize awards 5,000 Swiss Francs.
■ The deadline for the Ernst-Meyer-Prize 2008 is January 2009.
■ Applications should be addressed to The Geneva Association, “Ernst-Meyer-Prize”, General Secretariat, Route de Malagnou 53, CH-1208 Geneva.
■ As of September 2004, the Judging Committee for the Ernst-Meyer-Prize is composed of Prof. Andreas Richter (Chairman), Prof. Sandrine Spaeter and Prof. Richard Watt.
To see the past award winners, please click here.
2. Research Grants
Every year, the Association offers two grants for research into risk and insurance economics. Suggested themes and subjects are:
Economic theory:
■ Uncertainty: Imperfect information in deterministic versus indeterministic models;
■ Insurance and risk management in the service economy;
■ Insurability and economic fundamentals;
■ Insurability: Privatisation processes and public intervention;
■ The problem of the reinsurer of last resort;
■ Credibility theory (in actuarial sciences) and economics of scale;
■ Comprehensive theories of risk: Defining, comparing and integrating pure risks, financial and entrepreneurial risks;
■ Fiscal policy, solidarity and private insurance;
■ Monetary stability and its impact on pure risk management;
■ Systemic risks, the liability portfolio of insurance and pure risk management;
■ The changing role of capital in the contemporary service economy with respect to financial institutions;
■ The economic value of human life.
Economic practice:
■ Moral hazard and fraud in the management of pure risks and insurance;
■ Derivatives and their role for insurance on the assets and on the liability side;
■ Economics of health and medical care;
■ The development of technology in specific sectors and their impact on the insurability of risks;
■ Reinsurance markets;
■ The role of government, risk management and insurance institutions with reference to catastrophic and environmental risks;
■ Financing the life-cycle, in particular with regard to the increasing life expectancy of those over 60: The role of insurance and public institutions;
■ Productive activities, employment and health;
■ National and international institutions, their impact on regulation and solvency rules in the insurance market (European Union, World Trade Organisation, etc.);
■ Fiscal policy and reserving for large low frequency risks;
■ Distribution strategies in insurance;
■ Emerging markets: Problems and opportunities
a) The Association reserves the right to support research on other subjects which may be submitted.
b) Each grant is worth 10,000 Swiss Francs and covers a period of 10 months.
c) The grants are primarily intended for research for a thesis leading to a doctor degree in economics.
3. Subsidies for Theses
The Association grants authors of university theses, already submitted and dealing in depth with a subject in the field of risk and insurance economics, a subsidy of up to 3,000 Swiss Francs to help defray printing costs.