A Global Forum

To Deepen Understanding Among Academics, Professionals and Policymakers

 

E-mail: Secretariat@wriec.org

World Risk and Insurance Economics Congress

Concurrent Sessions III
Tuesday, 9 August 2005, 1:45 PM - 3:15 PM

Tentative as of 5 July 2005

 

Presentation Guideline. Each session room is equipped with an overhead projector and an LCD projector linked to a laptop computer. If you plan to use the LCD projector, bring your presentation on either a USB flash drive or CD-rom so that you can access it using the laptop computer that will be provide in your session room. The computer does not have a floppy disk drive. Please refrain yourself from using your own computer. If you plan to use an overhead projector, bring your transparencies to the room. You may also purchase service from the Sheraton Business Center (open 7 am to 7 pm) or a nearby Kinko's (open 24 hours). For effective use of your presentation time, bring 25 copies of handouts.

 
Session 3A
Actuarial Science and Insurance Finance I

Moderator: Jochen Russ, Institut für Finanz- und Aktuarwissenschaften

 

Author

Affiliation

Paper Title

Discussant

Affiliation

EGRIE

Kristian Miltersen and Svein-Arne Persson

Norwegian School of Economics and Business Administration

Is Mortality Dead?

Jean Pinquet

Universite Paris X - Nanterre  

ARIA

Changsoo Lee and Kwangbong Lee

Soongsil U and Inje U

Risk Diversifications in Reserve Valuation: The Case of the Korean Life Insurance Industry

Chenghsien Tsai

National Chengchi U

APRIA

Chenghsien Tsai, Weiyu Kuo, and Derek Mi-Hsiu Chiang

National Chengchi U

The Distributions of Policy Reserves Considering the Policy-year Structures of Surrender Rates and Expense Ratios

Stephen P. D'Arcy

U of Illinois

 
Session 3B
Corporate Risk Management I

Moderator: Larry Cox, U of Mississippi

 

Author

Affiliation

Paper Title

Discussant

Affiliation

APRIA

J. Thomas Connelly, Piman Limpaphayom, and Thanomsak Suwannoi

Chulalongkorn University and CelestialBusiness

Are Insurance Firms Exposed to Foreign Exchange Rate Fluctuations? Evidence from Insurers in the Asia-Pacific

Christian Thomann

U of Hannover

APRIA

Yung-Ming Shiu and Yi-Cheng Shin

Tunghai U

Derivatives Usage by Taiwanese Financial Firms

David Sommer

U of Georgia

 
Session 3C
Efficiency Analysis II

Moderator: Gilles Bernier, Laval U

 

Author

Affiliation

Paper Title

Discussant

Affiliation

ARIA

David Eckles and Narumon Saardchom

Georgia Southern U and National Institute of Development Administration

Technical and Scale Efficiency in the Thai Non-life Insurance Industry

Yijia Lin

Georgia State U

APRIA

James C. Hao

Tamkang U

Comparison of Economic Efficiency Estimation Methods: An Application to Taiwan’s Life Insurance Industry

B. Paul Choi

Howard U

ARIA

Lars Powell, David Eckles, and David Sommer

U of Arkansas at Little Rock, Georgia Southern U and University of Georgia at Athens

Internal Capital Market Efficiency within Financial Conglomerates: Evidence from Property-Liability Insurance Groups

Andre Liebenberg

Old Dominion U

 
Session 3D
Healthcare Economics I

Moderator: Etti Baranoff , Virginia Commonwealth U

 

Author

Affiliation

Paper Title

Discussant

Affiliation

EGRIE

Christophe Courbage and Béatrice Rey

The Geneva Association

Prudence and Optimal Prevention for Health Risks

Emilio Venezian

Rutgers U

EGRIE

Rod Garatt and John Marshall

U of California, Santa Barbara

Treatment of Illnesses under Copayment Insurance

Peter Zweifel

U of Zurich

 
Session 3E
Insurance Economics III

Moderator: Art Snow, U of Georgia

 

Author

Affiliation

Paper Title

Discussant

Affiliation

EGRIE

Michael Breuer

U of Zurich

Optimal Insurance Contracts without the Non-negativity Constraint on Indemnities: Revisited

Pierre Picard

Universite Paris X - Nanterre

ARIA

Peter S. Faynzilberg

The Aleph Group, LLC

Competitive Insurance Markets

Mahito Okura

Nagasaki U

APRIA

Richard MacMinn and S. Hun Seog 

Graduate School of Management, KAIST

Distribution of Price and Quality under Information Asymmetry

Achim Wambach

U of Erlangen-Nuernberg

 
Session 3F
Pensions III

Moderator: David Richardson, Georgia State U

 

Author

Affiliation

Paper Title

Discussant

Affiliation

ARIA

James Carson and Randy E. Dumm

Florida State U

Price Indicia in the Individual Annuity Market

Jennifer Wang

National Cheng-chi U

APRIA

Wonshik Kim

Konkuk U

The Corporate Pension System in Korea: Limits and Prospects

Hunsoo Kim

SoonChunHyang U

 
Session 3G
Risk Analysis

Moderator: Christian Gollier, U of Toulouse

 

Author

Affiliation

Paper Title

Discussant

Affiliation

APRIA

Madhu Vij and Gunjan Sanjeev

U of Delhi and Institute for Integrated Learning and Management