Marc Goovaerts M.Sc. Mathematics 1968 University of Ghent (Belgium) M.Sc. Actuarial Science 1973 KU leuven (Belgium) Ph.D. in Science (Mathematics) 1971 University of Ghent (Belgium) Ph.D. in Mathematical Physics 1975 University of Ghent (Belgium) Present Position: Professor of Actuarial Science (Non-life Insurance) University of Amsterdam (The Netherlands) and Catholique University of Leuven (Belgium)

Current Research Topics: non-life insurance, financial mathematics

Editorial activities:

• Editor of Insurance: Mathematics & Economics (founding editor)
• Editor of Journal of Computational and Applied Mathematics (founding editor)
• Associate editor of Astin Bulletin

Member of: ASTIN, IAA, ARAB-KVBA

Email Address: marc.goovaerts@econ.kuleuven.ac.be

Phone: +31-20-5254230/4217 (Amsterdam) or +32-16-323746 (Leuven);
Fax: +31-20-5254349 (Amsterdam)

Address 1:
K.U. Leuven
Faculteit Economische en Toegepaste Economische Wetenschappen
Departement Toegepaste Economische Wetenschappen
Naamsestraat 69
B-3000 Leuven, Belgium

Address 2:
Faculty of Economics and Econometrics
Department of Quantitative Economics
Section Actuarial Science
Roetersstraat 11, 1018 WB Amsterdam, The Netherlands.

For his thesis on mathematical physics, he obtained the Winkler Prins Prize. He obtained the first Royale Belge Award.

In 1995 he organized the Astin Colloquium of Leuven and he was chairman of the scientific Committee of the International Congress of Actuaries in 1995. He is co-author of 20 books and 250 papers.

Some Recent Publications::

• Bauwelinckx, T., & Goovaerts, M.J., ed. (2001) Aanvullende Bedrijfspensioenen, Kluwer ,1-782
• De Schepper, A., Goovaerts, M.J., Dhaene, J., Vyncke, D. & Kaas, R. (2001). The valuations of Cash Flows for Dividend Paying Securities, In Proceedings Astin Colloquium, Washington.
• De Schepper, A., Goovaerts, M.J., Dhaene, J., Kaas, R. & Vyncke, D. (2001). Bounds for present value functions with stochastic interest rates and stochastic volatility, In Proceedings of the fifth International Congress on Insurance: Mathematics and Economics, State College.
• Dhaene, J., Denuit, M, Goovaerts, M.J., Kaas, R. & Vyncke, D. (2001). The concept of comonotonicity in Actuarial Science and Finance: Theory, In Proceedings of the fifth International Congres on Insurance: Mathematics and Economics, State College.
• Kaas, R., Dhaene, J., Vyncke, D., Goovaerts, M.J. & Denuit, M. (2001). A simple geometric proof that comonotonic risks have a convex largest sum, In Proceedings of the fifth International Congres on Insurance: Mathematics and Economics, State College.
• Goovaerts, M.J., De Schepper, A.,Vyncke, D., Dhaene, J. & Kaas, R. (2001). Stable laws and the distribution of cash-flows, In Proceedings AFIR colloquium, Toronto.
• Goovaerts, M.J., & Kaas, R. (2001). Some problems in actuarial finance involving sums of dependent risks, accepted Statistica Neerlandica.
• Goovaerts, M.J., Dhaene, J. & De Schepper, A. (2001). Stochastic upper bounds for present value functions, In The Insurancial Approach - Linking Insurance and Financial concepts, KU Leuven, 2001.mimeo.
• Vyncke, D., Goovaerts, M.J., De Schepper, A., Kaas, R. & Dhaene, J. (2001). On the distribution of cash-flows using Esscher transforms, In Proceedings of the Fifth International Congres on Insurance: Mathematics and Economics, State college.
Vyncke, D., Goovaerts, M.J. & Dhaene, J. (2001). Convex upper and lower bounds for present value functions, Applied Stochastic Models in Business and Industry, 17, 149-164..
• Goovaerts, M.J., J. Dhaene & A. De Schepper (2000). Stochastic upper bounds for present value functions. Journal of Risk and Insurance 27, 1-15.
• Kaas, R., J. Dhaene & M.J. Goovaerts (2000). Upper and lower bounds or sums of random variables. Insurance: Mathematics & Economics 27, 151-168.
• Simon, S., J. Dhaene & M.J. Goovaerts (2000). An easy computable upper bound for the price of an arithmetic Asian Option. Insurance: Mathematics & Economics 26, 175-183.
• Goovaerts, M.J. & J. Dhaene (1999). Supermodular ordering and the distribution of annuities. Insurance: Mathematics and Economics 24, (3), 281-290.
• Goovaerts, M.J. & R. Redant (1999). On the distribution of IBNR-reserves. Insurance: Mathematics and Economics 25, (1), 1-10.
• Goovaerts, M.J. & J. Dhaene (1999). Supermodular ordering and stochastic annuities. Insurance: Mathematics & Economics 24, (3), 281-290.
• Schepper, A. de, M.J. Goovaerts & B. Heijnen (1999). A recursive scheme for perpetuities with positive random positive interest rates. Scandinavian Actuarial Journal 1, 1-14.
• Schepper, A. de & M.J. Goovaerts (1999). The GARCH(1,1)-M model: results for the density and the mean. Insurance: Mathematics and Economics 24, (1-2), 83-94.
• Ribas, C., M.J. Goovaerts & J. Dhaene (1998). A note on the stop-loss order preserving property of Wang's premium principle. Mitteilungen 237-241.
• De Vylder, F. & M.J. Goovaerts (1998). Solvency Margins and Equalization Reserves. Insurance: Mathematics and Economics 24, (1-2), 103-115.
• De Vylder, F., M.J. Goovaerts & E. Marceau (1997). The Bi-atomic uniform extremal solution of Schmitters's problem. Insurance: Mathematics & Economics 20, 59-78.
• Goovaerts, M.J. & A. de Schepper (1997). IBNR reserves under stochastic interest rates. Insurance: Mathematics & Economics 21, 225-244.
• Vanneste, M., M.J. Goovaerts & E. Labie (1994). The distribution of annuities, Insurance: Mathematics & Economics 15, 37 - 48.
• Goovaerts, M.J., F. De Vylder & R. Kaas (1992). A stochastic approach to insurance cycles. Insurance: Mathematics & Economics V11, 97-­107
• De Schepper, A., F. De Vylder, M.J. Goovaerts & R. Kaas (1992). Interest randomness in annuities certain", Insurance: Mathematics & Economics V11, 271-282.
• Goovaerts, M.J., R. Kaas, A. Van Heerwaarden & T. Bauwelinckx, "On effective actuarial methods", North Holland (1990), pp. 316.