Biographical Sketch

Professor Richard D. MacMinn, BA, MA, PhD, is the first holder of the Edmondson-Miller Chair in Insurance and Financial Services at Illinois State University and was previously the first holder of the Swiss Re Chair in the Management of Risk at the University of Nottingham.  He was editor of the Journal of Risk and Insurance, the lead journal in the world on insurance and risk management, published by the American Risk and Insurance Association from 1998 through 2006.  He is an associate editor for the Asia-Pacific Journal of Risk and Insurance, the Journal of Insurance Issues and the Quarterly Journal of Economics and Finance.  Professor MacMinn served as a board member of the Asia-Pacific Risk and Insurance Association from 2000-2003, as a board member for the American Risk and Insurance Association from 2003-2006 and is a member of the American Risk and Insurance Association, Asia-Pacific Risk and Insurance Association, European Group of Risk and Insurance Economists, Southern Risk and Insurance Association, Western Risk and Insurance Association, American Economic Association and American Finance Association.  He has published in journals including the Journal of Risk and Insurance, Insurance: Mathematics and Economics, Geneva Papers, Journal of Political Economy, Quarterly Journal of Economics, and Journal of Finance.  He has thrice won the prestigious Mehr Award in addition to a number of other awards from the American Risk and Insurance Association, Casualty Actuarial Society, and General Insurance Research Organization in the United Kingdom and Asia-Pacific Risk and Insurance Association for his publications.

Monograph

• The Fisher Model and Financial Markets, World Scientific Publishing (Singapore: World Scientific Publishing, 2005)

Recent Presentations

• Managing Catastrophic Risk
      Katie School Symposium: Catastrophe Management for Insurance Companies: Identifying Risk and CAT Models, April 17^th, 2007, Normal, Illinois; Third Annual Illinois State University Actuarial Research Event, April 19^th, 2007, Bloomington, Illinois; speech at the Insurance Institute for Asia and the Pacific, Manila
• Longevity Risk, Capital Markets and Financial Engineering
      Ulm University, Ulm, Germany, June 21^st, 2006 and Ludwig-Maximilians-University, Munich, Germany, June 28^th, 2006
• Genetic Testing and Life Insurance
      Ludwig-Maximilians-University, Munich, Germany, June 25^th, 2006
• Hedging Brevity Risk with Mortality-based Securities
      Asia-Pacific Risk and Insurance Association Conference, Tokyo, Japan, July 2006
• Genetic Testing and Adverse Selection
      Western Risk and Insurance Association, Maui, January 2003; Asia-Pacific Risk and Insurance Association, Bangkok, July 2003; American Risk and Insurance Association, Denver, 2003; Geneva Group of Risk and Insurance Economists, 2003
• International Mortality Comparisons
      Society of Actuaries, Vancouver, June 2003
• The Creation of Value
      Keynote Speech at the Asia-Pacific Risk and Insurance Association, Shanghai, July 2002