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Tuesday, 19 September 2017

The SCOR Corporate Foundation for Science announces the winners of two risk economics awards during the EGRIE seminar

SCOR    

Published: 08:24 CEST 19-09-2017 /GlobeNewswire /Source: SCOR / : SCR /ISIN: FR0010411983


Press Release

19 September 2017 - N° 24


The SCOR Corporate Foundation for Science announces the winners of two risk economics awards during the EGRIE seminar

  

During the 44th annual seminar of the European Group of Risk and Insurance Economists (EGRIE), two awards sponsored by the SCOR Corporate Foundation for Science and the SCOR group were presented on Monday 18 September 2017:

  • The SCOR-Geneva Risk and Insurance Review Best Paper Award was presented to Michel Denuit, Louis Eeckhoudt, Liqun Liu and Jack Meyer for their article titled "Tradeoffs for Downside Risk-Averse Decision-Makers and the Self-Protection Decision";
     
  • The SCOR-EGRIE Young Economist Best Paper Award[1] was presented to Sebastian Ebert for his article titled "Decision Making When Things Are Only a Matter of Time".

These two awards are coordinated under the auspices of the research chair "Risk Markets and Value creation", which links IDEI (Institute of Industrial Economics, Toulouse), the Risk Foundation and Paris-Dauphine University. The "Risk Markets and Value creation" chair is sponsored by the SCOR group and supported by the SCOR Corporate Foundation for Science. The jury for the SCOR-Geneva Risk and Insurance Review Best Paper Award was chaired by the chief editors of the Geneva Risk and Insurance Review: Michael Hoy, Professor of Economics at the University of Guelph, Canada, and Nicolas Treich, Research Director Toulouse School of Economics (INRA), France. The jury for the SCOR-EGRIE Young Economist Best Paper Award was chaired by the Executive Secretary of EGRIE, Michael Hanselmann, a researcher at the Institute for Risk Management and Insurance, Ludwig-Maximilians University, Munich.

André Lévy-Lang, Chairman of the SCOR Corporate Foundation for Science, comments: "In 2017, the two SCOR-EGRIE awards have been won by innovative and highly valuable theoretical papers on risk-aversion behavior and the temporal dimensions of risk, which lead to the clarification and generalization of seminal risk economics theorems."

Philippe Trainar, Director of the SCOR Corporate Foundation for Science, comments: "The SCOR Foundation for Science is proud to reward the work of Michel Denuit, Louis Eeckhoudt, Liqun Liu, Jack Meyer and Sebastian Ebert, which contributes to the development of risk research in fields that should have significant applications for insurance and reinsurance."

 

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The SCOR Corporate Foundation for Science, created in 2011, is a concrete example of SCOR's long-term commitment to supporting risk research and the dissemination of risk-related knowledge. It promotes and finances research through funding, awards and conferences.

The European Group of Risk and Insurance Economists (EGRIE), created by the Geneva Association in 1973, is a non-profit organization dedicated to promoting research on risk and insurance. It notably publishes the Geneva Risk and Insurance Review and organizes scientific conferences.

 

 

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Contact details

Marie-Laurence Bouchon

Group Head of Communications

+33 (0)1 58 44 75 43

mbouchon@scor.com

 

Ian Kelly

Head of Investor Relations

+44 203 207 8561

ikelly@scor.com 


http://www.scor.com/

Twitter: @SCOR_SE

 

 

Forward-looking statements

 SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n°809/2004 of the European Commission. Thus, any forward-.looking statements contained in this communication should not be held as corresponding to such profit forecasts. Information in this communication may include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact. Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could." Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand.

Please refer to the 2016 reference document filed on 3 March 2017 under number D.17-0123 with the French Autorité des marchés financiers (AMF) posted on SCOR's website www.scor.com (the "Document de Référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group. As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings.

The Group's financial information is prepared on the basis of IFRS and interpretations issued and approved by the European Union. This financial information does not constitute a set of financial statements for an interim period as defined by IAS 34 "Interim Financial Reporting".

 

 



[1] Open to economists under 40 years of age.



SCOR Press Release



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