Claudia Klüppelberg and her co-authors received the Lloyd’s Science of Risk Prize 2016 in the category Systems modelling for their paper entitled Risk in a Large Claims Insurance Market with Bipartite Graph Structure. The submission was praised by the judges for providing a valuable contribution to a practical issue facing the insurance industry. They felt that the paper adds directly to insurers’ knowledge, and looks to cover what is a complex, existential issues to most businesses. The need to understand and evaluate the global insurance system is a very difficult problem, and we welcome perspectives on how to address the issue to better understand the interconnected world of risk.
Oliver Kley, Claudia Klüppelberg and Gesine Reinert receive Lloyd’s Science of Risk Prize