Institute and Faculty of Actuaries Announce Brian Hey Prize

The General Insurance Steering Group (GISG) Committee of the Institute and Faculty of Actuaries is delighted to announce the Brian Hey Prize for the best paper on the topic of "The Financial Theory of General Insurance Risk Pricing." The first prize will be £1,000 and the second prize will be £500. Winning authors will be invited to present their papers at the joint GISG/ASTIN conference on October 7-10, 1998 to be held in Glasgow. Winning authors will be encouraged to publish the papers more widely and will also be granted entry to the conference at the academic rate.

The Prize is open to actuaries and non-actuaries, within or outside the UK, but will only be granted if papers of sufficient quality are received. Papers should be no more than 50 pages long, include an abstract and be submitted in English by July 1, 1998 to Barbara Beebee, secretary of the GI Board at the Institute of Actuaries, Staple Inn Hall, London. Guidance on the format of the paper can be obtained from Barbara Beebee.

The paper should be submitted under a pseudonym, so authors should include a sealed envelope bearing the author’s details. The GISG Committee will decide on the winning paper and their decision is final. The 1998 GISG Committee is likely to be Nigel Gillott, Colin Czapiewski, Julian Lowe, and Kathryn Morgan. Winners will be notified during August 1998 and announced at the 1998 GISG/ASTIN Conference.