Stephen P. D'Arcy
John C. Brogan Faculty Scholar in Risk Management and Insurance & Professor
M.S. Finance, University of Illinois, 1982, 1979
B.A. Applied Math, Harvard College, 1972
the University of Illinois since 1981. Actuary, CUMIS Insurance Society,
D’Arcy, S. P., & Gorvett, R. W. The use of
dynamic financial analysis to determine whether an optimal
growth rate exists for a property-liability Insurer,
Journal of Risk and Insurance, forthcoming.
R.W., Ahlgrim, K., & D’Arcy, S. The effective duration and
convexity of liabilities for property-liability insurers
under stochastic interest rates. Geneva Papers on Risk
and Insurance Theory. Geneva: forthcoming.
D’Arcy, S., & Xia, H. 2003. Insurance and China's entry into
the WTO. Risk Management and Insurance Review, 6:
D'Arcy, S., 2001. Enterprise risk management. Journal of
Risk Management of Korea, 12: 207-228.
D'Arcy, S., & Gorvett, R. 2000. Measuring the interest rate
sensitivity of loss reserves. Proceedings of the Casualty
Actuarial Society, 87:365-400.
Honors and Awards
Undergraduate Excellence in Teaching Award, Business Alumni
Association, 2003. Dorweiler Award for best paper in
Proceedings of the Casualty Actuarial Society, 2001.
Commerce Council Outstanding Teaching Award - Large Class
1999, small class, 2001. Casualty Actuarial Society, Dynamic
Financial Analysis Call Paper Program award for best paper,
1997 and 1998. University Scholar, 1994-97; American Risk
and Insurance Association Innovation in Instruction Award,
1991. Burlington Northern Foundation Faculty Achievement
Award (campus award), 1990. Actuarial Education and Research
Foundation-Casualty Actuarial Society research grant, 1990.
Journal of Risk and Insurance Awards, 1988, 1989. Campus
Award for Excellence in Undergraduate Teaching, 1986.
Commerce Alumni Association Excellence in Undergraduate
Teaching Award (college Award), 1984. Dorweiler Award for
best paper in the Proceedings of the Casualty Actuarial
Society, 1983. Fellow, Casualty Actuarial Society.
editor, Journal of Risk and Insurance, 1999-2003.
Board of directors, Casualty Actuarial Society, 2000-2003.
President, American Risk and Insurance Association, 1999.
courses in principles of insurance, property/liability insurance,
casualty actuarial science, financial risk management, and corporate
finance. Research focuses on financial pricing models applied to insurance,
dynamic financial analysis, financial risk management of insurers.
Consultant to the Casualty Actuarial Society, New England Actuarial
Seminars, and Miller, Rapp, Herbers & Terry--Consulting Actuaries.
Has presented seminars on financial topics to a number of major insurers.
311 Wohlers Hall
1206 South Sixth Street
Champaign, IL 61820