PRIZES AND GRANTS
I. 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, practice-oriented research that 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 made in an amount up to US$10,000.
► To see the past award winners, please click here.
► 2012 winners were presented at the IIS seminar in Rio de Janeiro, 17-20 June 2012.
► 2013 winners: W. Jean Kwon, PhD, Faculty Chair and Professor, The School of Risk Management, St. John's University, U.S. and Nadine Gatzert, PhD, Chair for Insurance Economics and Risk Management and Alexander Bohnert, PhD candidate, Friedrich-Alexander-University, Germany. The papers will be presented at the IIS seminar in Seoul, Korea, 16-19 June 2013.
II. Ernst Meyer Prize and Research Grants
The Geneva Association offers the following programme for prizes, grants and subsidies.
1. The Geneva Association's Ernst Meyer Prize
The Geneva Association awards the prestigious Ernst Meyer Prize annually for a doctoral thesis that makes a significant and original contribution to the study of risk and insurance economics. Since September 2004, the Judging Committee for the Ernst Meyer Prize has comprised Prof. Andreas Richter (chairman), Prof. Sandrine Spaeter and Prof. Richard Watt.
Applications for the award should include all of the following: (a) an electronic version (pdf) of the thesis; (b) an abstract in English of 1,000-1,200 words; (c) two recommendations (in English), each providing a review of the submitted work; and (d) a curriculum vitae in English.
- The thesis should have been accepted by the Ph.D. Committee during the calendar year preceding the submission deadline.
- Submissions are possible in one of the following languages: English, French, Spanish and German.
- The prize is CHF5,000.
- Submissions for the Ernst Meyer Prize 2013 must be received on or before 31 January 2014.
- Applications should be addressed to The Geneva Association, “Ernst Meyer Prize”, General Secretariat, route de Malagnou 53, CH-1208 Geneva, firstname.lastname@example.org.
Winners of the Ernst Meyer Prize for a given year are announced and awarded their prize the following year.
► To see the past award winners, please click here.
2. Research Grants
Every year, the Association offers two grants for research to be conducted on risk and insurance economics. The deadline for submission of applications is the end of November 2012. Suggested themes and subjects are:
- 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.
- 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 persons 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 Organization, etc.);
- Fiscal policy and reserving for large low-frequency risks;
- Distribution strategies in insurance;
- Emerging markets: Problems and opportunities.
The Association reserves the right to support research on other subjects which may be submitted.
Each grant is worth CHF10,000 and covers a period of 10 months.
The grants are primarily intended for research for a thesis leading to a doctor degree in economics.
Applications for research grants must be accompanied by a curriculum vitae, a research proposal and letters of recommendation from two professors of 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 CHF3,000 to help defray printing costs.
► Applications for subsidies for theses must be accompanied by a curriculum vitae, a description of the research undertaken and letters of recommendation from two professors of economics.
Please send your application before 30 November 2013 to:
The Geneva Association
route de Malagnou 53