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Research

The Faculty has an extensive research programme. Much of this consists of research in Actuarial Science and Insurance, and full details of the current projects may be found on the Research Areas web page.

In recent years, a key feature of the activity has been the bringing together of experts from various areas, including actuaries and statisticians, to work together on research problems. This philosophy has been extended now to include also colleagues from the School of Engineering

Members of the Faculty of Actuarial Science and Insurance have been involved in actuarial research in a variety of areas. Staff have been involved in writing textbooks on landmarks in actuarial history (for Pickering and Chatto), modern actuarial theory and practice (for Chapman and Hall), health and disability insurance (for Chapman and Hall), investment and financial mathematics (for Graham and Trotman).

Links with professional actuarial bodies

On the Actuarial side much of the research carried out benefits the professional side of the BSc and Diploma/MSc courses and there are consequential close relations with professional bodies, trade organisations and government, which include the Association of British Insurers, Institute and Faculty of Actuaries, Government Actuary's Department, CMI Bureau, National Association of Pension Funds.

The Faculty of Actuarial Science and Insurance had a long lasting experience in conducting applied actuarial research funded by CGU, Government Actuary's Department, and in recent years funding has also been received from the Institute and Faculty of Actuaries, CMI Bureau, Commercial Union, Royal Bank of Scotland, Bank of England, Royal Sun Alliance, NAPF and Frankona.