CREAR - Center of Research in Econo-finance and Actuarial sciences on Risk
ESSEC Paris Singapore | crear.essec.edu
ESSEC Business School
Avenue Bernard Hirsch BP 50105 | Cergy-Pontoise 95021 Cedex France 
ESSEC Asia-Pacific
5 Nepal Park | Singapore 139408

Bernoulli Society New Researcher Award 2019: apply before Feb. 28, 2018
- RARE special issue coming in 2018
To conclude nicely our RARE project, we already had the conference at La Baule that was a great success, and now we will have a special RARE issue in the Annals of Actuarial Science (AAS).

 AAS Editor: Angus Macdonald, Heriot-Watt University

Guest Editors of this RARE issue: Corina Constantinescu (IFAM Liverpool), Enkelejd Hashorva (HEC Lausanne) and Marie Kratz (ESSEC CREAR) 

CREAR (Center of Research in Econo-finance and Actuarial sciences on Risk / Centre de Recherche Econo-financière et Actuarielle sur le Risque) aims at strengthening the exchange between academics and professionals who also strive for excellence in their modeling of risks, and fostering research on this topic.

Research in risk management needs to develop toolkits based on fundamental research and various fields of expertise. ESSEC combines many of those, which is a big strength for CREAR. These main research fields are : 

  • Econometrics
  • Extremes
  • Forecasting
  • Probability
  • Quantitative Finance
  • Quantitative Risk Management
  • Real Estate Investments
  • Regulation and Valuation (IFRS)
  • Statistics & Data Science

Those fields overlap different departments at ESSEC (Paris & Singapore), namely: Accounting and Control, Economics, Finance, IDS. They involve various members of these departments in a transversal way.

Besides participation of ESSEC researchers, CREAR establishes productive links with similar international research laboratories and companies.

It is also a support for the actuarial track and the Quantitative Risk Management track within the PhD in Finance.

The main focus of CREAR towards professionals and financial institutions is to create an efficient organization dealing with

1.     quantitative research on financial and insurance risks

2.     focused on (re)insurances and bank-insurances

3.     in the background of the new risk based regulation (Solvency 2 Pillar 1 and ORSA , Swiss Solvency Test, Risk Based Capital from NAIC)