Insurance Price Volatility and Underwriting Cycles

(sfi)2Statistics for Innovation – The experience of the Oslo centre in industrial statistics

“…Another recent study [10] reports that over 15 years can be expected to see the effect of biomedical translational research. In the case of (sfi) 2 , we have seen some of our results in use after already 2-4 years, many after 8 years and others of our more recently transferred results will be fully utilised in later years.…”

“…Interesting extensions of our algorithmical approach have been recently published by researchers of the Swiss-Italian energy company Axpo [7]. But (sfi) 2 had to discontinue research in this area, as a result of changed interests of the partners. This has to be expected, in the light of rapidly changing business dynamics and priorities.…”

“…The rational of (sfi) 2 Statistics for Innovation's origin is at Norsk Regnesentral (NR). NR is a private, independent, non-profit foundation established in 1952, which carries out contracted research and development projects in applied statistics for a broad range of industrial, commercial and service companies and organizations in Norway and abroad.…”

“…The projects at (sfi) 2 would focus on innovation objectives of our industrial partners but would require developing methods in these common research areas, thus exploiting synergies.…”

“…When constructing (sfi) 2 , the main aim was to recruit industrial partners for the centre with innovation plans that shared specific challenges to state-of-the-art statistics. We did not want to limit the industrial sectors, but wanted to target those that were most important to the Norwegian economy, namely petroleum, finance (including insurance), marine and health.…”