Some of our main areas of research are:
This area focuses on microinsurance and microfinance in low income countries with the aim of using the mathematical model developed to help alleviate poverty.
The insurance of extreme events such as pandemics is new area of research for the Institute. We are working with the Pandemic Institute on designing insurance contracts for pandemics. Research focusses on how society can protect and recover from these events and specifically how financial services can aid faster recovery.
Mortality and longevity modelling
The institute focuses research in this area towards informing policy details for insurance companies and pensions.
This area focuses on financial derivatives (financial contract on an underlying asset, group of assets, or benchmark, set between two or more parties). It also looks at pricing and hedging, interest rate modelling, optimal investment and consumption plans.
Stochastic control theory and stochastic processes
This is the most common area of expertise within the team. There is further expertise in stochastic analysis and applications, stochastic optimal control and applications, functional analysis, stochastic differential equations, data analysis and machine learning.