The German Society for Insurance and Financial Mathematics ("Deutsche Gesellschaft für Versicherungs- und Finanzmathematik e.V.", DGVFM) is the scientific partner organisation of DAV with approximately 5,200 individual and 70 institutional members. The DGVFM promotes a close cooperation between universities (research and teaching) and the insurance business and finance industry (professional practice). Furthermore the DGVFM has close contact with other mathematical organisations in Germany like the German Mathematician Association ("Deutsche Mathematikervereinigung", DMV) or the German Society of Insurance Science ("Deutscher Verein für Versicherungswissenschaft", DVfVW).
To support and motivate especially scientists and young actuaries to investigate open actuarial questions, the DGVFM and DAV have established the annual Gauss Prize in 1998. It awards up to three papers with high practical relevance. The aim is to build bridges between actuarial science and the insurance and finance industry.
Since 2019 the prize is given out to the best contributions to the
European Actuarial Journal (EAJ). The prize is endowed with € 3.000 and will be awarded at the annual meeting of DAV and DGVFM where the prize winner will present the award winning paper.
In addition there are up to three prize for young scientists and professionals.
2020: Matrix representations of life insurance paymentsby Mogens Bladt, Soren Asmussen und Mogens Steffensen (University of Copenhagen and University of Aarhus)
2019: Experience rating in the classic Markov chain life insurance setting. An empirical Bayes and multivariate frailty approachby Dr. Christian Furrer (University of Copenhagen)
2018: no prize awarded
Pricing of Cyber Insurance Contracts
by Prof. Dr. Stefan Weber, Kerstin Weske and Prof. Dr. Matthias Fahrenwaldt
2016: no prize awarded
Decomposing life insurance liabilities into risk factors by Katja Schilling, Dr. Daniel Bauer, Dr. Marcus Christiansen and Dr. Alexander Kling
2014: no prize awarded
Pension Saving Schemes with Return Smoothing Mechanism by Prof. Dr. Oskar Goecke
Prof. Dr. Ralf Korn (President)Prof. Dr. Henryk Zähle (Vice President)Prof. Dr. Jan-Philipp Schmidt (Vice President)Prof. Dr. An Chen (Education & Advanced Training)Prof. Dr. Marcus Christiansen (Young Professionals Programs)Prof. Dr. Alfred Müller (Research & Knowledge Transfer)Prof. Dr. Matthias Scherer (Research & Knowledge Transfer)Prof. Dr. Dr. Hanspeter SchmidliRoland Weber (representative of DAV Board)Prof. Dr. Stefan Weber
For further questions related to the association, it's structure and aims please contact CEO
email@example.com, 0221/912 554-110
Become an actuaryMembership informationInternational involvement
Annual meetingsAutumn meetingsICA 2018
Practice areasThe European ActuaryEuropean Actuarial Journal