Research output per year
Research output per year
Prof
EH14 4AS
United Kingdom
Accepting PhD Students
PhD projects
Mortality and longevity risk modelling and management.
Research activity per year
Andrew Cairns is well known both in the UK and internationally for his research in financial risk management for pension plans and life insurers.
In recent years he has been working on the modelling of longevity risk: how this can be modelled, measured and priced, and how it can be transferred to the financial markets. Amongst his work in this field, he has developed a number of new and innovative stochastic mortality models. His work also extends to statistical analysis of mortality and health inequalities and understanding why these arise.
Other work includes the modelling of interest rate risk and quantitative risk management for renewable energy operators.
He is an active member of the UK and international actuarial profession in both research and education: he qualified as a Fellow of the Faculty of Actuaries in 1993; from 2007 to 2017 he was editor-in-chief of the leading international actuarial journal ASTIN Bulletin; he has been an editor of Insurance: Mathematics and Economics since 2023; and in 2005 he was elected as a corresponding member of the Swiss Association of Actuaries. In 2008 he was awarded the Halmstad Prize for the paper Pricing Death: Frameworks for the Valuation and Securitization of Mortality Risk co-authored with David Blake and Kevin Dowd. In 2016 he was awarded the Robert I. Mehr award for the best paper published in 2006 in the Journal of Risk and Insurance.
In 2017 he was elected a Fellow of the Royal Society of Edinburgh - Scotland's national academy of science and letters.
I am passionate about risk management in general and specifically the impact that it can have on the successful running of pension plans and life insurers.
My current research focuses on three related themes:
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
Research output: Contribution to journal › Article › peer-review
Research output: Contribution to journal › Article › peer-review
Research output: Contribution to journal › Article › peer-review
Research output: Contribution to journal › Article › peer-review
Research output: Contribution to specialist publication › Article
Cairns, Andrew John George (Recipient), 2021
Prize: Prize (including medals and awards)
Cairns, Andrew John George (Recipient), 2016
Prize: Election to learned society
Cairns, Andrew John George (Recipient), 2016
Prize: Prize (including medals and awards)
Andrew John George Cairns (Speaker)
Activity: Participating in or organising an event › Participation in conference
Andrew John George Cairns (Speaker)
Activity: Participating in or organising an event › Participation in conference
Andrew John George Cairns (Contributor)
Activity: Talk or presentation › Invited talk
Andrew John George Cairns (Keynote/plenary speaker)
Activity: Participating in or organising an event › Participation in conference
Andrew John George Cairns (Participant)
Activity: Participating in or organising an event › Participation in conference
Andrew John George Cairns (Participant)
Impact: Economic