A team of scholars from University of St. Gallen in Switzerland won the International Insurance Society’s 2019 Shin Research Excellence Award, endowed by Kyobo Life Insurance, the Korean insurer said Sunday.
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(From left) Jad Ariss, secretary-general of the Geneva Association, Yoon Yeol-hyun chief of Kyobo Life, Jiahua Xu, a postdoctoral researcher at University of St. Gallen, and Michael Morrissey, president of the ISS, attend the 2019 Global Insurance Forum held in Singapore on Thursday. (Kyobo Life) |
According to the firm, Alexander Braun, adjunct professor of risk management, Sebastian Utz, assistant professor of finance, and Jiahua Xu, a postdoctoral researcher, were awarded by the IIS for their research titled, “Are Insurance Balance Sheets Carbon-Neutral? Harnessing Asset Pricing for Climate Change Policy.”
The award was presented at the 2019 IIS Global Insurance Forum held at the Shangri-La Hotel in Singapore on Thursday.
The award, named after Kyobo Life Insurance Company founder Shin Yong-ho, was established in 1997 to commemorate Shin, who was inducted into the Insurance Hall of Fame in 1996 for creating the world’s first education insurance policy.
By Jung Min-kyung (
mkjung@heraldcorp.com)