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Spring School for young researchers taking place from April 14 – 19 2019 in Romania

This international Spring School is targeted at young researchers (PhD students and researchers, academics, practitioners within 5 years of PhD graduation) working on current actuarial science topics. This new edition aims to gather experts from different fields to answer the following question:

How can actuarial and risk management tools be applied in a microinsurance and microfinance context?

Microinsurance started to develop several years ago in countries were the state could not provide a sufficient level of protection to its poor population. Such systems can be managed by an international insurance company or by the poor community itself, with very different consequences between the two.

While microinsurance is well-studied by economists, few actuaries are working on such topics. The Spring School aims to fill this gap by gathering actuarial academics from different fields on one side and practitioners working with microinsurance products on the other. Indeed, as actuaries are experts in the management of risks, they have developed tools in various disciplines that could be useful under a microinsurance perspective. Their tools and approaches need to be combined and adapted to this new emerging field, forcing researchers to learn each other’s languages to answer current questions related to the protection of the poor.

Young researchers across disciplines, such as actuarial science, demography, insurance, mathematics, statistics, epidemiology, biology and economics are encouraged to participate, present and freely discuss among each other their most relevant questions in their specific fields. Invited experts from academia and practice will be available for feedback (particulary in relation to how the presented research can be applied in a microinsurance perpective) and will provide opening and closing remarks.