Jean Lemaire Faculty Profile

Jean Lemaire
Harry J. Loman Professor of Insurance and Risk Management; Professor of Insurance and Actuarial Science

PhD, Free University of Brussels, 1973; MS, Free University of Brussels, 1972; Certificate of Operations Research, Free University of Brussels, 1972; MS, Free University of Brussels, 1969; Agregation de l'enseignement moyen de degre superieur, Free University of Brussels, 1969

Research Areas
Evaluation of adverse selection in insurance markets due to genetic testing; the impact of firearm deaths on life expectancies in the United States; merit-rating systems in automobile insurance

Recent Consulting
Court testimonies on Workers’ Compensation insurance policies involving retrospective rating.

Current Projects
Create an index of development of insurance markets in emerging countries; compare merit-ratin systems in force in Asia.

Academic Positions Held
Wharton: 1987-present (named Harry J. Loman Professor of Insurance and Risk Management, 2007; named the Julian Aresty Professor, 2005-07; Chairperson, Insurance and Risk Management Department, 1994-2003). Previous appointment: University of Brussels. Visiting appointments: Universite Nationale du Zaire; Universities of California, Berkeley; Paris; Laval, Quebec; Brazzaville, Congo; Tokyo; Zurich; Tsinghua, Beijing; Karlsruhe; Nankai, Tianjin; La Sapienza, Rome

Other Positions
Vice President/Chief Actuary, La Prevoyance Sociale, 1983-87

Career and Recent Professional Awards; Teaching Awards
Wharton Undergraduate Excellence in Teaching Award, 2004, 2006, 2007; Ernst Meyer Prize, Geneva Association, 1986; Clarence Arthur Kulp Memorial Award, American Risk and Insurance Association, 1987, 1997; International INA-Lincei Prize, Italian Academy of Sciences, 1988; Best feature paper award, Journal of Risk and Insurance, 2000

Professional Leadership 2003-2007
Editorial Board, ASTIN Bulletin, 1986-present; Vice Chairman, ASTIN, 1997-present

Representative Publications
Automobile Insurance. Boston, MA: Kluwer, 1985.

Bonus-Malus Systems in Automobile Insurance. Boston, MA: Kluwer, 1995

"Estimating Adverse Selection Costs in an Insurance Market with Genetic Testing for Breast and Ovarian Cancer". Journal of Risk and Insurance (1999).

"The Cost of Firearm Deaths in the United States: Reduced Life Expectancies and Increased Insurance Costs." Journal of Risk and Insurance (2005).