To celebrate the 100th anniversary of Shanghai University of Finance and Economics (SUFE), Derek Cribb, chief executive of the IFoA, presented the research establishment with a silver salver during a visit on 20 September.
To celebrate the 100th anniversary of Shanghai University of Finance and Economics (SUFE), Derek Cribb, chief executive of the IFoA, presented the research establishment with a silver salver during a visit on 20 September.
SUFE was one of the first universities in China to establish a relationship with the IFoA. Its finance and economics faculty introduced British actuarial exams in 1997. Some of its actuarial students received scholarships from former British insurance firm Eagle Star.
Now, China's Sunshine Insurance Group is to start providing scholarships for SUFE students studying towards IFoA exams. Sunshine Insurance Group is the IFoA's first industry partner in China. Last year, it began sponsoring IFoA students in two top finance and economics universities in Beijing. The number of scholarships continues to grow, and SUFE will be the third university that Sunshine sponsors.
"SUFE is one of the first universities in China that the IFoA entered into partnership with," said Cribb. "We have trained many actuaries together, helping to shape the actuarial future of China. The combination of Sunshine Insurance Group, SUFE and the IFoA is immensely powerful, and can only be positive for all."