Centre for Actuarial & Analytics Research (CAAARE)




Research Overview

The School of Mathematical Sciences champions interdisciplinary research in the field of mathematical sciences that is both theoretically-driven and strong in real-world applicability. From mathematical modelling to applied statistics and risk management, our research demonstrates the beauty of numbers and algorithms, and their usefulness in decision-making and problem-solving.

Research areas by the School’s 3 Academic Departments and 1 Research Centre are as follows:

Department of Actuarial Science and Risk

  • Financial modelling
  • General insurance (property and casualty)
  • Mortality/Morbidity/Longevity of a population
  • Risk management 

Department of Applied Statistics

  • Applications of statistics in finance and insurance
  • Applied probability
  • Applied stochastic processes
  • Medical statistics
  • Time series modelling 

Department of Pure and Applied Mathematics

  • Combinatorics
  • Fluid dynamics
  • Graph theory
  • High performance computing
  • Mathematical modelling
  • Mathematical programming
  • Neural networks
  • Metaheuristic algorithms
  • Numerical methods
  • Linear algebra
  • Simulation

Centre for Actuarial & Analytics Research (CAAARE)

  • Actuarial
  • Statistics
  • Optimization
  • Optimal control
  • Machine learning
  • Operation research
  • Control chart
  • Mathematics education