The China Institute for Actuarial Science at Central University of Finance and Economics (CUFE) is a distinguished research and educational hub for actuarial science in China, established in 2003. As a Key Research Institute under the Ministry of Education, it specializes in actuarial science and insurance, playing a significant role in the advancement of these fields.
The Institute is built upon a robust academic foundation in key disciplines such as finance, statistics, national economics, and accounting. It has been at the forefront of actuarial education in China, with a history of fostering international collaborations and attracting top-tier scholars and professionals. The Institute's faculty includes renowned Changjiang Scholars and distinguished professors who have contributed to the global actuarial community.
One of the Institute's significant achievements is its active role in the 111 center,which focuses on "Insurance Risk Analysis and Decision-Making." This project addresses vital issues such as the construction of multi-level risk protection systems, agricultural risk and insurance, and insurance company asset-liability management, aiming to achieve world-leading breakthroughs in these areas.
The Institute has been recognized for its excellence in actuarial education, receiving the advanced course exemptions from the Institute and Faculty of Actuaries (IFoA) in 2017, a first for an Asian institution. In 2018, it wasfirstgrantedin mainland Chinathe Center of Actuarial Excellence (CAE) certification by the Society of Actuaries (SOA), and in 2024, it became one of the first universities in mainland China to receive the "Silver Partner" certification from the Casualty Actuarial Society (CAS), underscoring its commitment to high standards in actuarial education.
The China Institute for Actuarial Science comprises six research centers that focus on various aspects of actuarial science, including risk quantification, agricultural insurance, social security actuarial research, and national risk governance. These centers are dedicated to driving innovation, conducting cutting-edge research, and contributing to the economic and social development of China. Through its research and educational programs, the Institute continues to set benchmarks in actuarial science, preparing students for leadership roles in the industry and academia.
