The Brian Hey Prize was established in 1998. Brian Hey was a senior and respected actuary who worked in general insurance.
In his memory, his family and employer donated funds to further actuarial research and the IFoA has used this to establish a research-based prize in his memory. The Brian Hey Prize is usually awarded for the best paper submitted to each year’s GIRO Conference.
Year |
Recent Brian Hey prize winners |
Author(s) |
| 2023 | Reserving for climate change: 2023 Working Party Update: Litigation, Wordings and Qualitative Tools | Climate Change Reserving Working Party |
| 2022 | Asbestos Working Party 2022 update | By members of the Asbestos Working Party |
| 2021 | LocalGLMnet: interpretable deep learning for tabular data | Ronald Richman, Mario V. Wüthrich |
| 2020 | The Actuary and IBNR Techniques: A Machine Learning Approach | Ronald Richman and Caesar Balona |
| 2019 | No winner | n/a |
| 2018 | Self-assembling insurance claim models using regularized regression and machine learning | Gráinne McGuire, Hugh Miller and Greg Taylor |
| 2017 | No winner | n/a |
| 2016 | Analyzing the Disconnect Between the Reinsurance Submission and Global Underwriter's Needs | CAS International Pricing Research Working Party - Chair: John Buchanan |
| 2015 | Application of the Solvency II actuarial function to general insurance firms | The Actuarial Function Working Party |
| 2015 | Bias, guess and expert judgement in actuarial work | The Getting Better Judgement Working Party |
| 2014 | Towards the Optimal Reserving Process | Neil Bruce (Chair) and members of the Towards the Optimal Reserving Process Working Party |
| 2013 | Solvency II Technical Provisions for General Insurers | Susan Dreksler (Chair) and members of the Solvency II Technical Provisions Working Party |
| 2012 | Triangle-Free Reserving | Pietro Parodi |
| 2011 | Extending the Mack bootstrap | Joseph Lo |
| 2010 | Crop Micro Insurance | Agrotosh Mookerjee (chair) and members of the Working Party |
| 2009 | Winner's curse | Mark Rothwell (chair) and members of Working Party |
| 2008 | Integrating pricing and capital modelling | J B Crozet (chair) and members of Working Party |
| 2007 | Reinsurance counterparty credit risks | Mark Flower (chair) and members of Working Party |
| 2006 | Catastrophe modelling | Graham Fulcher (chair) and members of Working Party |
| 2005 | Periodical payments and the Courts Act | Anthony Williams (chair) and members of Working Party |
| 2004 | UK asbestos - the definitive guide | Julian Lowe (chair) and members of Working Party |
| 2003 | The cycle survival kit. An investigation into the reserving cycle and other issues | Nick Line (chair) and members of Working Party |
| 2002 | Pricing excess of loss treaty with loss sensitive features: an exposure rating approach | Ana J Mata, Brian Fannin and Mark A Verheyen |
| 2001 | No winner | n/a |
| 2000 | Underwriting cycles and business strategies | Sholom Feldblum |
| 1999 | No winner | n/a |
| 1998 | Financial pricing of insurance in the multiple line insurance company | J David Cummins, Franklin Allen and Richard D Phillips |