Steve Diacon
BSc (Nottingham), PhD (Nottingham)
Emeritus Professor of Insurance and Risk Management
Department: Industrial Economics & Finance (old division)Centre/Institute: GCBFIE-mail: Stephen.Diacon@nottingham.ac.ukStephen Diacon is a retired Emeritus Professor. Steve was a faculty member at the University of Nottingham since 1975, and held the post of professor of insurance and risk management. His background is in mathematics and economics. He completed his PhD in 1980 based on an economic and econometric analysis of the demand for life insurance in the UK. His teaching is now exclusively in the area of risk, risk management, insurance and financial services (at undergraduate, MA, MBA and PhD levels); his research covers the same broad interests and is mainly published in economics or specialist risk and insurance journals. He has served in a number of administrative roles including School deputy director, head of teaching, division head, director of undergraduate and MBA programmes, and director of the Centre for Risk and Insurance Studies. Steve held the Chair of the School Teaching Committee and was Deputy Director of Teaching. He has strong contacts with the insurance and risk management industry.
I teach a wide variety of risk and insurance undergraduate, MA and MBA modules as part of the CRIS team. Although risk and insurance is often taught at the world's leading business schools (such as the Wharton School) it is comparatively rare within the European Union, and the CRIS teaching forms an unusual, and surprisingly interesting, part of the NUBS curriculum.
My current research can be split into two broad themes and most is undertaken in collaboration with colleagues and research associates based in CRIS First, I am involved in a number of projects investigating the performance of the UK financial services market - several funded by the Financial Services Research Forum: these include an investigation of the risk perceptions of individual investors, individual perceptions of mortality, and outsourcing in financial services. Secondly, I continue to explore the performance of UK and EU insurance companies using the extensive statistical database maintained within CRIS: current projects include insurance company efficiency, competition in insurance markets, the performance of mutual insurance groups, and adverse selection in reinsurance markets.