Insurance Mathematics and Stochastic Finance is part of the Department of Mathematics at ETH Zurich.
The interaction between insurance mathematics and mathematical finance at ETH Zurich has traditionally been very strong. The group combines two units centred around these research areas.
We are active in
- education, where we organise and teach courses in insurance mathematics and mathematical finance. We contribute graduate courses for the education towards the Actuary SAA professional diploma and for the Master of Science in Quantitative Finance, a joint programme with the University of Zurich. We also teach general mathematics courses, both at undergraduate and graduate level, and we provide service teaching for other departments of ETH Zurich, mainly in probability and statistics.
- research, where we conduct fundamental research in mathematical finance, quantitative risk management and insurance mathematics. We are committed to advancing the theory of mathematical techniques and its application to the modelling and management of financial services. We train doctoral and post-doctoral students in insurance mathematics and mathematical finance. We also foster an active scientific environment with international collaboration and regular research seminars, where leading scientists from all over the world give talks in financial and insurance mathematics. In addition, we organise the Risk Day every year.
In the Department of Mathematics, we combine pure and applied mathematics, ensuring cooperation both within the department as well as beyond ETH Zurich. Our group maintains strong ties with units within ETH Zurich, like for example RiskLab, the Probability Theory Group, the Institute for Operations Research (IFOR), the Seminar of Applied Mathematics (SAM), and the Risk Center. We also collaborate with the financial and insurance industry, regulators and professional financial associations worldwide.
We serve the international scientific community in many ways, for instance via the editorial boards of many leading journals in insurance mathematics and mathematical finance. In particular, this includes the roles of