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Society of Actuaries Funding Research Grants from the University of Waterloo and the University of Iowa

Schaumburg, IL (August 1, 2018) – The Society of Actuaries (SOA) announces it will provide research grants to the University of Waterloo and the University of Iowa to complete actuarial research projects. The SOA annually offers research and education grants to colleges and universities with actuarial science programs that are SOA Centers of Actuarial Excellence (CAEs).

The University of Iowa project is a three-year collaborative research initiative with Drake University. This project focuses on the development of a comprehensive set of quantitative techniques to model, measure and manage catastrophe risks. Elias Shiu, ASA, Ph.D., is this project’s principal investigator from the University of Iowa.

The University of Waterloo project examines financial stability involving climate change and the shifting of demographics. This research is intended to develop models and pricing methods, and to create new risk measures and risk management solutions, pertaining to changes with the climate and demographics. Johnny Li, FSA, Ph.D., is this project’s principal investigator from the university. 

The SOA will accept submissions for its annual research grants through Aug. 31, 2018. For more information visit

About The SOA

With roots dating back to 1889, the Society of Actuaries (SOA) is the world’s largest actuarial professional organization with more than 30,000 actuaries as members. Through research and education, the SOA's mission is to advance actuarial knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business and societal challenges. The SOA's vision is for actuaries to be the leading professionals in the measurement and management of risk.