Latest News

Dr. Simon Schnürch (left in the picture), until recently working in our department »Financial Mathematics«, ended 2022 with a success: His dissertation »Mortality Modeling Machine Learning and Mortality Shocks« won second place at the »SCOR Prize« in Germany! The Prize is endowed with 4,000 euros.

SCOR is one of the top 5 global reinsurers based in Paris and awards prizes in several countries. 

The Swiss Actuarial Association (SAV) held a meeting in which Prof. Dr. Ralf Korn participated. He founded the department »Financial Mathematics« of the Fraunhofer ITWM and headed it for many years. Now he has been elected as a corresponding member of the SAV.  [Only available in German]

The ITWM team is now working with Debeka in the project »Transparency Initiative for Occupational Pension Plans« for more transparency. In this interview, Dr. Normann Pankratz, member of the executive board of Debeka Insurances, explains what this means and what the cooperation with Fraunhofer-ITWM looks like.

The pandemic confronted Germany's public health departments with major challenges. Help also came from mathematics: Together with partners, we used statistical modeling to support the health offices in the multitude of decisions that had to be made on a daily basis. Now the »EsteR« project is coming to an end and we can present some exciting results and tools – tools that will also be relevant in the future.

In the future magazine InnoVisions, Dr. Jonas Koppe, research coordinator for quantum computing at Fraunhofer ITWM, explains how new technologies can be used to better assess the risks of investments. [only available in German]

Versicherungsforen Leipzig organizes this professional conference and offers an opportunity to further educate oneself through numerous lectures. Prof. Dr. Ralf Korn and Dr. Stefan Mai give a tandem lecture on »Solvency Capital Estimation with Linear Regressions and Neural Networks«.

In the FlexEuro project, researchers from the department »Financial Mathematics« and the division »Optimization« are developing models and methods for the optimal marketing of load flexibilities in various electricity markets. At the end of the project, the project team is organizing a workshop whose goal is to look at the topic of »Flexibility« from different angles.