European Group of Risk and Insurance Economists (www.egrie.org)

Program

Download Final Program

Final Program

Sunday
September 18th
 
16:30-18:30BOARD MEETINGONISSILOS MEETING ROOM
20:00WELCOME COCKTAILMALINDI BEACH BAR
Monday
September 19th
8:00-08:45REGISTRATION AND WELCOME COFFEE
8:45-09:00WELCOME SPEECHHALL B
9:00-10:30Geneva Risk Economics Lecture (Chair: H. Schmeiser)
Equilibrium in Insurance Markets: An Empiricist's View
Bernard Salanié
(Discussant: A. Snow)
HALL B
10:30-11:00COFFEE BREAK BY TRUST INSURANCE CYPRUS
11:00-12:30Session A1 (Chair: N. Treich) HALL BSession A2 (Chair: M. Browne) HALL C
C. Gollier
Explaining Rank-Dependent Utility with Regret and Rejoicing
(Discussant: A. Mürmann alexander.muermann@wu.ac.at)
C. Kubitza, H. Gründl
Auto-Serial and Cross-Serial Dependence of Tail Returns, and Implications for Systemic Risk
(Discussant: C. Eckert christian.eckert@fau.de)
L. Eeckhoudt, A. Fiori, E. Rosazza Gianin
Insurance Demand under Downside Loss Aversion
(Discussant: H. Loubergé henri.louberge@unige.ch)
C. Eckert, N. Gatzert
“The Impact of Spillover Effects from Operational Risk Events: A Model from a Portfolio Perspective”
(Discussant: C. Kubitza kubitza@finance.uni-frankfurt.de)
12:30-14:00LUNCH BY THE GENEVA ASSOCIATIONKYMA RESTAURANT
14:00-16:00Session B1 (Chair: J. Schiller) HALL BSession B2 (Chair: G. C. Lai) HALL C
J.-D. Guigou, B. Lovat, N. Treich
Risky Rents
(Discussant: M. Brunette)
S. Han, G. C. Lai, C-L. Ho
Corporate Transparency and Reserve Management: Evidence from U.S. Property-Liability Insurance Companies
(Discussant: F. Schreiber florian.schreiber@unisg.ch)
A. Attar, T. Mariotti, F. Salanié
Multiple Contracting in Insurance Markets
(Discussant: P. Picard pierre.picard@polytechnique.edu)
M. Efthymiou, A. Milidonis
“Does Limited Attention Affect Institutional Trading?”
(Discussant: G. C. Lai genelai@wsu.edu)
J.-M. Bourgeon, P. Picard
Nitpicky Insurers and the Law of Contracts
(Discussant: J. Schiller j.schiller@uni-hohenheim.de)
E. M. Eastman, D. L. Eckles, M. Halek
Asymmetric Earnings Management Responses to Targeted Ratings
(Discussant: A. Milidonis andreas.milidonis@ucy.ac.cy)
16:00-16:30COFFEE BREAK BY GENEVA ASSOCIATION
16:30-18:00Session C1 (Chair: C. Bernard) HALL BSession C2 (Chair: F. Salanié) HALL C
C. Laux, G. Lenciauskaite, A. Mürmann
“Foreclosure and Catastrophe Insurance”
(Discussant: M. Browne brownem1@stjohns.edu)
J.-L. Peng, V. Jeng, J. L. Wang, Y-C. Chen
The Impact of Bancassurance on the Efficiency and Profitability of Banks: Evidence from Taiwan
(Discussant: F. Salanié salanie@toulouse.inra.fr)
A. Louaas, A. Goussebaile
Insurability of Low-Probability Risks
(Discussant: N. Treich nicolas.treich@toulouse.inra.fr)
J.-L. Peng, K. Wang
Do Close Relationships Matter? Asymmetric Information Problems Encountered when Insurance Companies Sell Contracts through Brother Banks
(Discussant: J. L. Wang jenwang9099@me.com)
19:30PRE-CONFERENCE COCTAIL (SPEECHES IN HONOR OF HARRIS SCHLESINGER)
FOLLOWED BY
CONFERENCE DINNER
SALAMINIA RESTAURANT


KYMA RESTAURANT
Tuesday
September 20th
8:30-10:30Session D1 (Chair: P. Picard) HALL BSession D2 (Chair: H. Loubergé) HALL C
M. Browne, V. Jaeger, A. Richter,
P. Steinorth
“Family Transitions and Risk Attitude”
(Discussant: C. Biener christian.biener@unisg.ch)
L. Reichel, H. Schmeiser, F. Schreiber
“Liability-Regime-Switching in Multiple Risk-Sharing: An Analysis of Policyholders’ Preferences”
(Discussant : C. Hilpert christian.hilpert@uni-hamburg.de)
P. Kieslich, A. Landmann, C. Biener
“Individual and Cross-Cultural Differences in Decision Processes under Risk”
(Discussant: Y.-C. Huang huangyic@fcu.edu.tw)
J. Eckert, N. Gatzert
Risk- and Value-Based Management for Non-Life Insurers under Solvency Constraints
(Discussant: H. Schmeiser hato.schmeiser@unisg.ch)
J. M. Bauer, J. Schiller, C. Schreckenberger,
M.-J. Trautinger
“Selection Behavior in the Market for Private Complementary Long-term Care Insurance in Germany”
(Discussant: M. Hanselmann hanselmann@bwl.lmu.de)
S. Ben Ammar, A. Braun, M. Eling
Asset Pricing and Extreme Event Risk: Common Factors in ILS Funds
(Discussant: A. Fiori a.fiori@ieseg.fr)
10:30-11:00COFFEE BREAK BY CENTRAL BANK OF CYPRUS
11:00-12:30Session E1 (Chair: M. Brunette) HALL BSession E2 (Chair: A. Braun) HALL C
Y.-C. Huang, L. Y. Tzeng
“A Mean-Preserving Increase in Ambiguity and Portfolio Choices”
(Discussant: R. Peter richard-peter@uiowa.edu)
A. Braun, D. Luca, H. Schmeiser
Consumption-Based Asset Pricing in Insurance Markets: Yet Another Puzzle?
(Discussant: R. J. Huang rachelhuang.ncu@gmail.com)
M. Brunette, A. Corcos, S. Couture,
F. Pannequin
The Self-Insurance Clauses Puzzle: Risk Versus Ambiguity
(Discussant: C. Bernard carole.bernard@grenoble-em.com)
Y.-T. Chen, R. J. Huang, P-T. Shih, L. Y. Tzeng
Capital Asset Pricing Model Based on a Generalized Economic Index of Riskiness
(Discussant: A. Braun alexander.braun@unisg.ch)
12:30-14:00LUNCH BY TRUST INSURANCE CYPRUSKYMA RESTAURANT
14:00-15:30Session F1 (Chair: R. Peter) HALL BSession F2 (Chair: H. Schmeiser) HALL C
K. Aase
The Life Cycle Model with Recursive Utility:New insights on optimal consumption
(Discussant: W. Mimra wmimra@ethz.ch)
C. Bernard, J. Tang
Variable Annuities with Fees Tied to VIX
(Discussant: A. Direr alexis.direr@univ-orleans.fr)
D. Rowell, H. S. Nghiem, L. B. Connelly
Estimating the Total Cost of Moral Hazard in a Market for Automobile Insurance: A Mixed-Process Estimator Approach
(Discussant: D. L. Eckles deckles@uga.edu)
A. Direr, R. Ennajar-Sayadi
How Price Elastic is the Demand for Retirement Saving?
(Discussant: J.-H. Weinert weinert@finance.uni-frankfurt.de)
15:30-16:00COFFEE BREAK BY GAN DIRECT INSURANCE
16:00-17:00GENERAL ASSEMBLYHALL B
19:30DINNER AT LOCAL RESTAURANT (TAVERNA)
BUS PICK-UP FROM THE HOTEL MAIN ENTRANCE AT 19:15
Wednesday
September 21st
8:30-10:00Session G1 (Chair: F. Pannequin) HALL BSession G2 (Chair: C. Bernard) HALL C
S. Neuß, R. Peter, C. Knoller
Financial Support, Moral Hazard, and Other-regarding Preferences
(Discussant: F. Pannequin pannequin@ecogest.ens-cachan.fr)
P. Müller, J. Wagner
The Impact of Pension Funding Mechanisms on the Stability and the Payoff from DC Pension Schemes in Switzerland
(Discussant: K. Wang kili@mail.tku.edu.tw)
W. Mimra, C. Waibel
“Adverse Selection and Market Structure: An Experiment”
(Discussant: C.-C. Liu liuc@fcu.edu.tw)
J.-H. Weinert, H. Gründl
The Modern Tontine: An Innovative Instrument for Longevity Risk Management in an Aging Society
(Discussant: J. Eckert johanna.eckert@fau.de)
10:00-10:30COFFEE BREAK BY UNIVERSITY OF CYPRUS
10:30-12:00Session H1 (Chair: A. Richter) HALL BSession H2 (Chair: C. Hilpert) HALL C
M. Hanselmann, J. Jaspersen, S. Meyr,
A. Richter
Product Ratings in Health Insurance Markets: Reducing Transaction Cost, Asymmetric Information, or Both?
(Discussant: A. Hofmann hofmanna@stjohns.edu)
C.-S. Li, S. Tsendsuren, C.-C. Liu, G. C. Lai
The Impact of Cognitive Abilities on the Life Insurance Purchase: A Study Using SHARE Data
(Discussant: C. Schreckenberger christopher.schreckenberger@uni-hohenheim.de)
A. Hofmann, J. Neumann, P. Zweifel
Camouflage and Ballooning in Health Insurance: Evidence from abortion
(Discussant: P. Müller philipp.muller.1@unil.ch)
C. Hilpert
The Effect of Risk Aversion and Loss Aversion on Equity-Linked Life Insurance Contracts with Surrender Guarantees
(Discussant: K. Aase Knut.Aase@nhh.no)
12:00LUNCH BOX
12:15DEPARTURE FOR THE OPTIONAL HALF DAY EXCURSION (LIMASSOL CASTLE, CYPRUSMEDIEVAL MUSEUM, KOURION ANCIENT THEATRE, APHRODITE’S ROCK)