Leading international insurance think tank, The Geneva Association, today announced that Dr Richard Peter has won its prestigious Ernst-Meyer Prize 2013 for an outstanding doctoral thesis.
The Geneva Association awards the prestigious Ernst-Meyer Prize annually for university research work in the form of a doctoral thesis which makes a significant and original contribution to the study of risk and insurance economics.
Dr Peter, from the Institute of Risk Management and Insurance, LMU Munich, received the Ernst-Meyer Prize for his doctoral thesis "Essays on Selected Problems in Risk Classification and Risk Reduction". The dissertation analyses problems in the management of risks, specifically in the areas of risk classification and risk reduction, in four theoretical papers. All four essays address individual reactions to risks they face with the first two papers focusing on market opportunities for risk transfer and the last two papers focusing on individual behaviour as related to risk mitigation.
The laureate said, "It is a great honor for me to receive this year's Ernst-Meyer Prize and I want to thank the members of the Judging Committee for selecting my dissertation. Many people have deeply influenced my understanding of the economics of risk and insurance. I especially want to thank my doctoral supervisor Andreas Richter, who created a stimulating environment for research, and my family for their ongoing support."
The Geneva Association Deputy Secretary General and Head of Research, Dr Shaun Wang commented, "Our congratulations to Richard Peter for his outstanding submission. The judging committee received a high number
of excellent theses this year, reflecting the current strength of academic research into insurance and risk management issues".
A long summary of Richard Peter's PhD thesis will be published shortly in the forthcoming edition of The Geneva Association's Insurance Economics Newsletter.