Michelbacher Prize
This award, which commemorates the work of Gustav F. Michelbacher, is made to the author of the best paper submitted in response to a call for discussion papers whenever the program is conducted by the Casualty Actuarial Society. Papers are judged by a specially appointed committee on the basis of originality, research, readability, completeness, and other factors. If no paper is considered eligible in a given year, the award shall not be made. The committee's decision will be final. Recipients need not be members of the Casualty Actuarial Society. The announcement of the award will be made at the meeting at which the papers are discussed.
The amount of the Michelbacher Prize is currently $1,500.
The Michelbacher Prize was discontinued in 2012.
Recipients of the Michelbacher Prize
2012
No Award
2011
No Award
2010
No Award
2009
No Award
2008
No Award
2007
No Award
2006
No Award
2005
No Award
2004
Greg Taylor and Grainne McGuire
"Loss Reserving with GLMs: A Case Study"
2003
No Program Held
2002
No Award
2001
No Award
2000
Sergei Esipov and Dajiang Guo
"Portfolio Based Pricing of Residual Basis Risk with Application to the S&P 500 Put Options"
1999
Richard W. Gorvett
"Insurance Securitization: The Development of a New Asset Class"
Donald F. Mango
"Risk Load and the Default Rate of Surplus"
1998
Richard Stein,
"The Actuary as Product Manager In a Dynamic Product Analysis Environment"
1997
Theresa W. Bourdon, Keith Passwater, and Mark Priven,
"An Introduction to Capitation and Health Care Provider Excess Insurance"
1996
Richard B. Amundson
"Residual Market Pricing"
1995
Leigh J. Halliwell
"MeanVariance Analysis and the Diversification of Risk"
1994
No Award
1993
Sholom Feldblum
"Professional Ethics and the Actuary"
1992
Robert P. Butsic
"Solvency Measurement for PropertyLiability RiskBased Capital Applications"
1991
Guy H. Whitehead
"No Claim Discount or Bonus/Malus Systems in Europe"
1990
Cecily Gallagher, Joyce Fish, and Howard Monroe,
"An Iterative Approach to Classification Analysis"
1989
Louise A. Francis
"A Model for Combining Timing, Interest Rate, and Aggregate Loss Risk"
1988
Robert P. Butsic
"Determining the Proper Interest Rate for Loss Reserve Discounting: An Economic Approach"
1987
Richard G. Woll
"Insurance Profits: Keeping Score"
1986
Ronald F. Wiser,
"The Cost of Mixing Reinsurance"
1985
Robert P. Butsic,
"Branch Office Profit Measurement for PropertyLiability Insurers"
David Skurnick ,
"Measuring Division Operating Profitability"
1984
Paul M. Otteson
"Property and Casualty Insurance: Solvency and Investments. Playing the Game"
1983
No Award
1982
Philip E. Heckman and Phillip N. Norton,
"Optimization of Excess Portfolios"
1981
Robert P. Butsic,
"The Effect of Inflation on Losses and Premium for PropertyLiability Insurers"
1980
Russell T. John and Gary S. Patrik,
"Pricing ExcessofLoss Casualty Working Cover Reinsurance Treaties"
1979
Robert P. Butsic
"Risk and Return for PropertyCasualty Insurers"
