Ambrose Lo

Ambrose
Associate Professor
Fellow, Society of Actuaries
Chartered Enterprise Risk Analyst
PhD in Actuarial Science, University of Hong Kong, Hong Kong, Hong Kong, 2014
BS in Actuarial Science, University of Hong Kong, Hong Kong, Hong Kong, 2010
Phone: 
319-335-1915
Office: 
368 SH
Research Interests: 
Dependence Structures
Optimal (re)insurance
Quantitative risk management
Risk measures

Selected Licensures and Certifications

  • Fellow of the Society of Actuaries (FSA), Society of Actuaries, Illinois, United States, October 2013.
  • Chartered Enterprise Risk Analyst (CERA), Society of Actuaries, Illinois, United States, January 2013.

Selected Awards and Honors

  • Career Development Award, College of Liberal Arts and Sciences, United States, 2020 - 2021
  • 2019-2020 Collegiate Teaching Award, College of Liberal Arts and Sciences, Iowa City, Iowa, United States, 2020
  • Recognized by the graduating classes of 2020, 2019, 2018, 2017, 2016 as a UI faculty member "making a positive difference in their lives during their time at UI," published in The Daily Iowan, University of Iowa, Iowa City, Iowa, United States, 2016
  • Excellent Teaching Assistant Award 2011-2012, Faculty of Science, University of Hong Kong, Hong Kong, Hong Kong, 2011 - 2012
  • Best Teaching Assistant Award (Spring 2014, Fall 2013, Fall 2012, Spring 2012, Fall 2011, Fall 2010), Department of Statistics and Actuarial Science, University of Hong Kong, Hong Kong, Hong Kong, 2010 - 2014

Selected Courses Taught

  • Mathematics of Finance II, ACTS:4380, Spring 2020
  • Actuarial Exam IFM Preparation, ACTS:4010, Spring 2020
  • Statistics for Risk Modeling, STAT:4560, Fall 2020
  • Quantitative Methods for Actuaries, ACTS:4130, Fall 2020
  • Topics in Actuarial Science, ACTS:4160, Spring 2019
  • Mathematics of Finance II, ACTS:4380, Spring 2019
  • Statistics for Risk Modeling, STAT:4560, Fall 2019
  • Quantitative Methods for Actuaries, ACTS:4130, Fall 2019
  • Mathematics of Finance II, ACTS:4380, Spring 2018
  • Mathematics of Finance II, ACTS:4380, Fall 2018

Selected Publications

Selected Presentations

  • Lo, A. (2019, April) Universally Marketable Insurance in a Mixture Model. Invited Lecture presented at Workshop on Frontier Areas in Financial Analytics, The Fields Institute, Toronto, Canada.
  • Lo, A., Tang, Q. & Tang, Z. (2018, July) Universally Marketable Insurance in the Presence of Multiple Risks. Conference Presentation presented at 22nd International Congress on Insurance: Mathematics and Economics, University of New South Wales, Sydney, Australia.
  • Lo, A. (2018, July) Constrained and Unconstrained Optimal Reinsurance. Invited Lecture presented at 2nd International Workshop on Optimal (Re)Insurance, Central University of Finance and Economics, Beijing, China.
  • Lo, A. (2018, April) Recent Advances in Risk-measure-based Optimal Reinsurance. Invited Lecture presented at Mathematical Finance, Risk and Uncertainty Seminar, Departments of Mathematics and Industrial Enterprise and Systems Engineering, University of Illinois at Urbana–Champaign, Champaign, Illinois.
  • Lo, A. (2018, March) Recent Advances in Risk-measure-based Optimal Reinsurance. Invited Lecture presented at Snell Actuarial Science & Risk Management Seminar Series, Department of Finance, University of Nebraska–Lincoln, Lincoln, Nebraska.
  • Lo, A. (2018, March) Optimal Reinsurance: A Contemporary Risk Measure Perspective. Invited Lecture presented at Applied Mathematical and Computational Sciences Seminar, University of Iowa, Iowa City, Iowa.
  • Lo, A. (2018, February) Optimal Reinsurance: A Contemporary Risk Measure Perspective. Invited Lecture presented at Computational Finance Seminar, Department of Statistics, Purdue University, West Lafayette, Indiana.
  • Lo, A., Tang, Z. (2017, July) Pareto-optimal reinsurance policies in the presence of individual risk constraints. Conference Presentation presented at 21st International Congress on Insurance: Mathematics and Economics, TU Wien (Technische Universität Wien), Vienna, Austria.
  • Lo, A. (2016, July) A Neyman-Pearson perspective on optimal reinsurance with constraints. Conference Presentation presented at 51st Actuarial Research Conference, University of Minnesota, University of St. Thomas, Society of Actuaries, Minneapolis, Minnesota.
  • Lo, A. (2016, July) A Neyman-Pearson perspective on optimal reinsurance with constraints. Conference Presentation presented at 20th International Congress on Insurance: Mathematics and Economics, Georgia State University, Atlanta, Georgia.

Selected Grants and Contracts

  • Chan, Kung-Sik (Multi-PI), Chen, Yiqing (Multi-PI), Lo, Ambrose (Multi-PI), Shiu, Elias (Multi-PI), Tang, Qihe (Multi-PI) Grant Research/Creative Work (Applied or Basic). Modeling, Measuring, and Managing Catastrophe Risks. Sponsored by Society of Actuaries Centers of Actuarial Excellence (CAE) Research Grant. Funded. October 31, 2017 - May 31, 2021.
  • Lo, Ambrose (Multi-PI), Shiu, Elias (Multi-PI), Shyamalkumar, Nariankadu D. (Multi-PI), Tang, Qihe (Multi-PI) Grant Research/Creative Work (Applied or Basic). A Multifaceted Study of Risk Management for Insurance. Sponsored by Society of Actuaries Centers of Actuarial Excellence (CAE) Research Grant. April 15, 2013 - April 14, 2016.