Gary Venter, managing director in Guy Carpenter & CompanyInc.'s Instrat unit in New York, has been given the InternationalActuarial Association's (IAA) Bob Alting von Geusau MemorialPrize.

The award is presented annually by the IAA's Actuarial Approachfor Financial Risks (AFIR) section for the best contribution to theASTIN Bulletin on a subject related to AFIR.

Mr. Venter received the award at the 28th International Congressof Actuaries in Paris for his research paper titled, “TestingDistributions of Stochastically Generated Yield Curves.”

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