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Wilfrid Laurier University Leaf
September 20, 2017
Canadian Excellence
Mary Kelly

Dr. Mary Kelly

Chair in Insurance & Professor (Finance)

Contact Information
Phone: 519.884.0710 ext.2551
Fax: 519.884.0201
Office Location: P2002
Office Hours: by appointment
Academic Background
BMath (University of Waterloo), MMath (University of Waterloo), PhD (University of British Columbia)

Mary Kelly is an Associate Professor in Finance and Insurance at Wilfrid Laurier University in Waterloo, Canada. Previously, she has taught at University of Calgary and worked as an actuary before entering academia. At WLU, she is one of two faculty members who teach in the school’s insurance concentration. In addition, she has also organized and taught in the Insurance Institute of Canada’s summer Insurance Education Workshop for teachers. She has sat as a board member on the local chapter of the Insurance Institute of Ontario.

She has presented her research at various insurance, finance and actuarial science conferences. She has published in many practitioner and academic journals in the field of insurance.

Research Interests

Primary Research interests include automobile insurance, the distribution of personal insurance, capital holdings of property/liability insurers, elderly drivers and road safety, and the use of mitigation in earthquake insurance.

Additional Information

Articles in Refereed Journals

Kelly, M., N.L. Nielson and T. Snoddon (2014). Aging Population and Driver Licensing: A Policy Perspective. Canadian Public Policy 40(1): 31-44.

Kelly, M., A.E. Kleffner and S. Li (2013).The Impact of Regulation on the Availability and Profitability of Auto Insurance in Canada. Assurances 81(3-4):59-86.

Kelly, M., A.E. Kleffner and S. Li (2012). Loss Reserves and the Employment Status of the Appointed Actuary. North American Actuarial Journal 16(3): 285-305.

Kelly, M., A.E. Kleffner and S. Li (2012). Insurance Regulation and the Composition of Insurance Markets. The Journal of Insurance Regulation 31:27-58.

Kelly, M., A.E. Kleffner and D. Leadbetter (2012). Structures, Principles and Effectiveness of Insurance Regulation in the 21st Century: Insights from Canada. The Geneva Papers on Risk and Insurance - Issues and Practice. 37 (1): 155-174.

Carayannopoulos, P., M. Kelly and S. Li (2010).The Impact of the 2003 Regulatory Reform in the Canadian Property/Casualty Insurance Industry on Insurers' Surplus Level. Journal of Insurance Issues 33(1): 54-84.

Kelly, M., A.E. Kleffner and M. Tomlinson (2010). First-party versus Third-party Compensation for Automobile Accidents: Evidence from Canada. Risk Management and Insurance Review 13: 21 - 44.

Kelly, M., S. Isotupa and A.E. Kleffner (2009). The Impact of Adjuster Moral Hazard on Driving Records. North American Actuarial Journal 13:425-437.