On 2.11.2015- the Day of insurance in Macedonia, the Insurance Supervision Agency (ISA) chose the paper of Risto Bajatov- member of the MAA “Actuary”, as a winner on the competition for young researcher in the field of Rusk Management and insurance in Macedonia.

The winning paper “Mortality analysis of annuitants from various countries and correction of Macedonian mortality tables” analyzes the mortality of annuitants. Based on the research it is made a respective correction for the mortality rates from the Macedonian population mortality tables and it is calculated respective actuarial functions needed for further calculations.