Charles A. Hachemeister Prize
This prize was established in 1993 in recognition of Charles A. Hachemeister's many contributions to Actuarial Studies in NonLife Insurance (ASTIN) and his efforts to establish a closer relationship between the CAS and ASTIN.
Papers eligible for the prize include articles, workshop articles, and/or invited papers published in the applicable November and April issues of the ASTIN Bulletin, in addition to papers and Speakers' Corner papers presented at the ASTIN Colloquium in the calendar year prior to the prize award. Future International Actuarial Association (IAA) Congress or Actuarial Approach for Financial Risks (AFIR) Colloquium papers may also be eligible for this award.
Papers will be judged by a specially appointed committee of the Society. Emphasis will be placed on the paper's impact for North American actuaries and practicality of application. If no paper is considered eligible in a given year, the award shall not be made. The committee's decision will be final.
The announcement of the award will be made annually at the CAS Spring or Annual Meeting.
The amount of the Charles A. Hachemeister Prize is currently $2,500.
Recipients of the Hachemeister Prize
Anas Abdallah, Jean-Philippe Boucher, and Hélène Cossette
Modeling Dependence between Loss Triangles with Hierarchical Archimedean Copulas
George H. Zanjani and Daniel Bauer
The Marginal Cost of Risk in a Multi-Period Risk Model
Reinventing Pareto: Fits for Both Small and Large Losses
Christophe Dutang, Stéphane Loisel, and Hansjoerg Albrecher
A Game-Theoretic Approach to Non-Life Insurance Markets
Yichun Chi and Ken Seng Tan
Optimal Reinsurance Under VaR and CVaR Risk Measures: A Simplified Approach
Robert S. Miccolis and David E. Heppen
A Practical Approach to Risk Margins and the Measurement of Insurance Liabilities for Property and Casualty (General Insurance) under Developing International Financial Reporting Standards
Edward W. Frees, Peng Shi, and Emiliano A. Valdez
Actuarial Applications of a Hierarchical Insurance Claims Model
The Prediction Error of Bornhuetter/Ferguson
A General Framework for Forecasting Numbers of Claims
Emmanuel Bardis, Christina Gwilliam, Stephen P. Lowe, and Atul Malhotra
Considerations Regarding Standards of Materiality in Estimates of Outstanding Liabilities
William H. Panning,
Measuring Loss Reserve Uncertainty
"Pragmatic Insurance Option Pricing"
Donald F. Mango,
"Capital Consumption: An Alternative Method for Pricing Reinsurance"
Shaun S. Wang,
"A Universal Framework for Pricing Financial and Insurance Risks"
Nicholas E. Frangos and Spyridon D. Vrontos,
"Design of Optimal Bonus-Malus Systems with a Frequency and a Severity Component on an Individual Basis in Automobile Insurance"
Pricing Risk Transfer Transactions
James A. Tilley,
"The Securitization of Catastrophic Property Risks"
Stephen P. Lowe and James N. Stanard,
"An Integrated Dynamic Financial Analysis and Decision Support System for a Property Catastropher Reinsurer"
Gregory C. Taylor,
"Modeling Mortgage Insurance Claims Experience: A Case Study"
Michel Laparra, Isabelle Lion, and Christian Partrat,
"Design and Analysis of Market Prices Indices for the U.S. Natural Catastrophe Excess Reinsurance Treaties"
Dr. Thomas Mack,
"Which Stochastic Model is Underlying the Chain Ladder Method?"