Humboldt-Universität zu Berlin - Versicherungs- und Risikomanagement

09/2010

Katja Hanewald gave a presentation on the topic "The Insurance Industry's Perspective on Mortality Risk: Modeling and Risk Management" within the Brown Bag Seminar at the University of California in Berkeley.

09/2010

Sebastian Schlütter gave a presentation on the topic "Optimal Insurance Pricing and Capitalization Based on Consumer Preferences and Regulatory Constraints" within the Brown Bag Seminar at the Georgia State University in Atlanta, Georgia.

08/2010

Sebastian Schlütter will spend two and a half months as a visiting researcher at Georgia State University. He was invited by Prof. Richard Phillips, Department of Risk Management and Insurance.

08/2010

Katja Hanewald will spend three months as a visiting researcher at UC Berkeley. She was invited by Prof. Ronald Lee, Department of Demography.

06/2010

Our institute was invited to give 3 presentations at the 2nd "World Risk & Insurance Economic Congress" from July 25th 29th in Singapur:
Hanewald, K., Post, T. (Maastricht University): "Stochastic Mortality and the Dispersion of Subjective Estimates of Survival Probabilities – Evidence from Europe".
Schlütter, S., Gründl, H.: "Risk Management and Group-Building in Disciplined Insurance Markets".
Zhou-Richter, T., Gründl, H.: "Life Care Annuities: Trick or Treat for Insurance Companies".

06/2010

Two working papers from our institute have been accepted for presentations at the "14th International Congress on Insurance: Mathematics and Economics", taking place in Toronto (Canada) from June 17th to 19th:
Hanewald, K., Post, T. (Maastricht University): "Stochastic Mortality and the Dispersion of Subjective Estimates of Survival Probabilities – Evidence from Europe".
Schlütter, S., Gründl, H.: "Risk Management and Group-Building in Disciplined Insurance Markets".

04/2010

Our institute was invited to give two presentations at the 32nd UK Insurance Economists' Conference (21st and 22nd April 2010). Due to the flight interruption because of the ash cloud attendance was not feasible.
Schlütter, S., Gründl, H.: "Risk Management and Group-Building in Disciplined Insurance Markets"
Post, T. (Maastricht University), Hanewald, K.: "Stochastic Mortality and the Dispersion of Subjective Estimates of Survival Probabilities – Evidence from 10 European Countries"

03/2010

Four working papers from our institute were presented at the 2010 Annual Congress of the German Insurance Science Association, which took place from March 10th until March 11th in Düsseldorf:
Post, T., Hanewald, K.: "Stochastic Mortality and the Dispersion of Subjective Estimates of Survival Probabilities – Evidence from 10 European Countries"
Zhou-Richter, T.: "Lemons Principle or Cherry Picking? Asymmetric Information in the Private Long-Term Care Insurance Market"
Zhou-Richter, T., Gründl, H.: "Life-Care-Annuities - Trick or Treat for Insurance Companies?"
Zimmer, A., Gründl, H.: "Value of Fairness for Insurance Companies"

02/2010

Dr. Bernd Fröhler, Senior Manager for the zeb/rolfes.schierenbeck.associates GmbH, gave a lecture on the topic "Insurance linked Securities" within the course "Grundlagen des Versicherungsmanagements".

12/2009

Dr. Gudrun Hoermann gave a presentation on the topic "Integrated Risk Management at Munich Re" in the lecture Risk Management and Insurance.

12/2009

Dr. Thomas Post succesfully defended his habilitation-thesis. We congratulate him! Since October 2009, Dr. Thomas Post is an Assistant Professor of Finance at Maastricht University.

12/2009

Katja Hanewald gave a presentation on the topic: "Stochastic Mortality and the Dispersion of Subjective Estimates of Survival Probabilities – Evidence from 10 European Countries" during the "Demographic Risk" workshop.

12/2009

Our insititute was a co-organiser of the workshop "Demographic Risk", which took place from December 16th-17th. Prof. Juho Alho (University of Joensuu, Finland), Dr. Volker Deville (Allianz SE) und Prof. Kevin Dowd (Nottingham University, United Kingdom) were keynote speakers. We thank the Allianz SE for providing the exceptional venue at the Allianz SE Representative Office at Pariser Platz and the generous catering. More information on the workshop can be found here. For a press report follow this link.

12/2009

Mr. Aichinger (Allianz SE) gave a presentation on the topic: "Catastrophe Models" in the lecture Risk Management and Insurance.

12/2009

Katja Hanewald was invited for a one-week research stay at Maastricht University, Department of Finance. She gave a presentation on the topic "Mortality Modeling: Lee-Carter and the Macroeconomy".

12/2009

Prof. Dr. Gründl gave a presentation at the "Jour fixe" of the Collaborative Research Center 649 on the topic:"Market Discipline by Informing Consumers? Results on the Optimal Corporate Risk Strategy of Insurance Companies".

11/2009

Prof. Dr. Nadine Gatzert (University of Erlangen-Nürnberg) gave a presentation on the topic: "Understanding the Death Benefit Switch Option in Universal Life Policies" in the Economic Risk seminar.

11/2009

The diploma-thesis from Dipl.-Kfm. Christian Schiel with the topic "Risikomanagement in Pharmaunternehmen - Möglichkeiten der Übertragung von Risikomanagementmethoden aus der Finanzbranche auf die Pharmaindustrie", which was written at our institute, was honored with the "BDVB Award 2009" of the Bundesverband Deutscher Volks- und Betriebswirte.

10/2009

Tian Zhou-Richter took part at the Workshop "Financing Long Term Care" of the Fondation du Risque in Paris and gave a presentation on the topic "Don't They Care? Or, Are They Just Unaware? - Risk Perception and the Demand for Long Term Care Insurance".

09/2009

Katja Hanewald took part at the "Longevity 5: The Fifth International Longevity Risk and Capital Markets Solutions Conference" in New York. She gave two presentations on the topics "Mortality Modeling: Lee-Carter and the Macroeconomy" and "Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency".

09/2009

Two working papers from our institute have been accepted for presentations at the "36th Seminar of the European Group of Risk and Insurance Economists (EGRIE)", took place in Bergen (Norway) from September 21st to 23rd:
Zhou-Richter, T., Gründl, H., Browne, M.: "Don't They Care? Or, Are They Just Unaware? Risk Perception and the Demand for Long Term Care Insurance".
Hanewald, K., Post, T., Gründl, H.: "Stochastic mortality, Macroeconomic Risks, and Life Insurer Solvency".

09/2009

Katja Hanewald took part at the Annual Conference 2009 of the Verein für Socialpolitik in Magdeburg and gave a presentation on the topic "Mortality Modeling: Lee-Carter and the Macroeconomy".

08/2009

Dr. Thomas Post, Tian Zhou-Richter, Katja Hanewald and Sebastian Schlütter took part at the Annual Meeting of the American Risk and Insurance Association (ARIA) in Providence, Rhode Island (USA). Dr. Thomas Post, Tian Zhou-Richter and Katja Hanewald gave presentations on the topics "Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency", "Asymmetric Information in the Private Long-Term Care Insurance" and "Mortality Modeling: Lee-Carter and the Macroeconomy".

07/2009

Prof. Dr. Helmut Gründl, Katja Hanewald and Tian Zhou-Richter took part at the Annual Conference of the Asia-Pacific Risk and Insurance Association (APRIA) in Beijing (China). Katja Hanewald gave a presentation on the topic "Mortality Modeling: Lee-Carter and the Macroeconomy".

06/2009

Prof. Dr. Helmut Gründl, Dr. Thomas Post and Katja Hanewald took part at the Annual Meeting of the CRC 649: "Economic Risk" in Motzen. Katja Hanewald gave a presentation on the topic "Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency".

05/2009

Dr. Christian Thomann from the Institute für Versicherungsbetriebslehre at the Leibniz-University of Hannover gave a presentation on the topic "Wealth, Public Self-Protection and the Economics of SEC-Regulation".

03/2009

Prof. Dr. Helmut Gründl and Katja Hanewald attended the 31st UK Insurance Economists' Conference. Katja Hanewald gave a presentation on the topic "Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency".

03/2009

Prof. Dr. Helmut Gründl, Dr. Thomas Post, Katja Hanewald, Anja Zimmer and Tian Zhou-Richer took part at the the Jahrestagung des Deutschen Vereins für Versicherungswissenschaft in Berlin and presented four topics about "Stochastic Mortality, Macroeconomic Risks, and Life Insurer Solvency",  "Are They Aware, Do They Care? Analyzing Adult Children's Demand for Insuring Their Parents' Long-Term Care Risk", "Individual Welfare Gains from Deferred Life-Annuities under Stochastic Lee-Carter Mortality" and "Default Risk, Demand for Insurance, and Optimal Corporate Risk Strategy of Insurance Companies". 

03/2009

Prof. Mark J. Browne, Ph.D., director of the Gerald D. Stephens CPCU Chair in Risk Management & Insurance at the Wisconsin School of Business (University of Wisconsin-Madison), had a research stay at our chair from March 2nd until March 20th 2009.

01/2009

Prof. Dr. Helmut Gründl gave a presentation on the topic "Default Risk, Demand for Insurance, and Optimal Corporate Risk Strategy for Insurance Companies" in the research colloquium and postgraduate seminar at the University of Marburg.

01/2009

Prof. Dr. Helmut Gründl gave a presentation on the topic "Finanzkrise und Versicherungswirtschaft" in the lecture series "Die internationale Banken-, Kredit- und Finanzkrise: Analyse, Ursachen, Lösungen" at the Humboldt-University Berlin.

01/2009

Monika Schulze, Chief Marketing Officer of the Zurich Group, gave a presentation on the topic "Strategisches Marketing".

01/2009

Dr. Hasekamp from the Munich Re gave a guest lecture on the topic "Variable Annuities".

01/2009

Prof. Richard D. Phillips from the Georgia State University gave a presentation on the topic "Capital Management for Insurers and the cost of Allocated Capital".

01/2009

Prof. Dr. Helmut Gründl gave a presentation on the topic "Credit Default Swaps - Grundlagen und Bewertung" at the Econ Boot Camp 2009 (CRC 649).

01/2009

Dr. Thomas Post gave a presentation at the Annual Conference of the American Economic Association in San Francisco on the topic "The Impact of Individual Investment Behavior for Retirement Welfare: Evidence from the United States and Germany".

12/2008

Dr. Thomas Post gave a presentation on the topic "The Impact of Individual Investment Behavior for Retirement Welfare: Evidence from the United States and Germany" at the 11th Symposium on Finance, Banking and Insurance in Karlsruhe.

11/2008

Prof. Dr. Helmut Gründl gave a presentation on the topic "Altersvorsorge und Anlegerverhalten in den USA und Deutschland" within the 6th German Investment-Hochschultag at the Johann Wolfgang Goethe-University in Frankfurt a. M.

11/2008

Tian Zhou-Richter gave a presentation on the topic: "Are They Aware? Do They Care? - Analyzing Adult Children's Demand for Insuring Their Parents' Long Term Care Risk" at the "5th Geneva Association Health & Ageing Conference" in London.

11/2008

Dr. Thomas Post gave a presentation on the topic "The Impact of Individual Investment Behavior for Retirement Welfare: Evidence from the United States and Germany" at the University of Amsterdam (Netherlands).

08/2008

08/2008

Anja Zimmer gave a presentation on the topic "The Impact of Default Risk on the Demand for Insurance and the Optimal Corporate Strategy of Insurance Companies" at the Annual Conference of the "American Risk and Insurance Association" in Portland.

The university team of Prof. Dr. Gründl, consisting of Yanfeng Chen, Jan Schneemann, Rayna Stoyanova and Martin Ullrich that was awarded among the Top 7 teams at the Postbank Finance Award 2008 won the "Anneliese und Dr. Wolfgang Schieren Förderpreis 2008". This award is endowed with 12.000 €.

07/2008

Prof. Dr. Martin Ruckes from the Universität Karlsruhe (TH), Institute of Finance, Banking and Insurance (Department of Finance and Banking) gave a presentation on the topic "Informed Headquarters and the Allocation of Capital in Multi-Division Firms". This presentation was offered within the Quantitative Finance Seminar of the Collaborative Research Center 649.

07/2008

Dr. Thomas Post participated in the Netspar Pension Workshop June 2008, The Hague (Netherlands), and gave a presentation on the topic "The Impact of Individual Investment Behavior for Retirement Welfare: Evidence from the United States and Germany".

06/2008

The student team under the aegis of Prof. Dr. Gründl, consisting of Yanfeng Chen, Jan Schneemann, Rayna Stoyanova und Martin Ullrich  ranked among the Top 7 teams at the Postbank Finance Award 2008. The title of the paper is: "Hedge-Fonds - eine sichere Bank für die Bank?".

04/2008

Dr. Thomas Post gave a presentation on the topic "The Impact of gender-specific Investment Behaviour for Retirement Welfare - Evidence from the U.S. and Germany" at the Leibniz Universität Hannover. 

04/2008

Prof. Dr. Helmut Gründl and Dr. Thomas Post gave a presentation on the topic "The Impact of gender-specific Investment Behaviour for Retirement Welfare - Evidence from the U.S. and Germany" at the Annual Conference of the Risk Theory Society (RTS) at the Colorado State University.

04/2008

Prof. Dr. Hato Schmeiser, Professor of Risk Management and Insurance Industry and Head of the Institute of Insurance Industry at the Universität St. Gallen, gave a lecture on the topic "On the Risk Situation of Financial Conglomerates: Does Diversification Matter?". The lecture was offered within the Quantitative Finance Seminar of the Collaborative Research Center 649.

03/2008

Prof. Dr. Helmut Gründl and Anja Zimmer took part at the Annual Conference of the Deutschen Vereins für Versicherungswissenschaft e.V. in Dresden and gave two presentations on the topics "The impact of gender-specific investment behaviour for retirement welfare - Evidence from the U.S. and Germany" and "Is default risk acceptable when purchasing insurance? Expiremental evidence".

01/2008

Dr. Bernd Fröhler, Senior Manager for the zeb/rolfes.schierenbeck.associates GmbH gave a lecture on the topic "Risikomanagement in Versicherungsunternehmen".

01/2008

Prof. Dr. Wolfgang Kürsten, Friedrich-Schiller-Universität Jena, gave a lecture on the topic "Risikomanagement in shareholderorientierten Unternehmen: Literatur-Review und neue Ergebnisse".

11/2007

Dr. Thomas Post gave two presentations on the topics "Transferring the Sticky: Individual Annuity Demand and Demographic Risk" and "To Hedge or Not to Hedge: Managing Demographic Risk in Life Insurance Companies" at the "Workshop on Demography" that was organized by the Allianz SE in Munich.

Katja Hanewald and Tian Zhou-Richter gave a presentation on "Unexpected Changes in Mortality - an Econometric Model". The workshop was moderated by Prof. Dr. Helmut Gründl.

10/2007

During his stay at our chair, Prof. Mike Adams, Ph.D. (at University of Wales Swansea) gave the following presentations:

In the course "Grundlagen des Versicherungsmanagements" he gave a lecture on "Insurance History with a Special Focus on Sweden". In the lecture "Asset and Liability Management" he discussed "Alternative Risk Transfer: Basics and Current Issues". In the doctoral seminar he gave a presentation on "Writing and Publishing Research Papers".

10/2007

Prof. Dr. Helmut Perlet, Chief Financial Officer of the Allianz Group, was appointed Honorary Professor of the School of Business and Economics. On Wednesday, 24th October, Prof. Dr. Perlet gave his inaugural speech on the topic "Rechnungslegung im Versicherungsunternehmen - Quo vadis?". Pictures that were taken during the presentation can be found here.

10/2007

During her research stay at the Columbia University in New York, Anja Zimmer gave a guest speech on the topic "The impact of Default Risk on the Demand for Insurance Policies".

10/2007

During the international conference "Solvency II - 2007" which was organized by the "Gesamtverband der deutschen Versicherungswissenschaft", Prof. Dr. Helmut Gründl chaired the group debate on the topic "Solvency II - Quo vadis?".

09/2007

At the 34th Seminar of the European Group of Risk and Insurance Economists (EGRIE) in Cologne, Germany, Dr. Thomas Post gave a speech on the topic "Transferring the Sticky: Individual Annuity Demand and Demographic Risk".

08/2007

Prof. Dr. Helmut Gründl, Dr. Thomas Post, Anja Zimmer and Tian Zhou-Richter took part at the Annual Conference of the "American Risk and Insurance Association" in Quebec City, Canada, and gave two presentations on the topics "The Impact of Gender-Specific Investment Behavior for Retirement Welfare: Evidence from the U.S. and Germany" and "Do They Know At All? Analyzing Children's Exposure to Their Parents' Long-Term Care Risk". The Verein zur Förderung der Versicherungswissenschaften an den drei Berliner Universitäten supported this trip abroad. We herewith want to express our most sincere gratitude!

06/2007

Dr. Thomas Post gave a presentation on "Transferring the Sticky: Individual Annuity Demand and Demographic Risk" at the "69. Wissenschaftlichen Jahrestagung des Verbandes der Hochschullehrer für Betriebswirtschaft e.V. (VHB)" in Paderborn, Germany.

05/2007

Dr. Roman Schulze successfully completed his dissertation on the topic: "Parents' Long-Term Care Risk: A Financial Planning Analysis from the Children's Perspective".

04/2007

Herr Prof. Dr. Gründl and Anja Zimmer took part at the 29th UK Insurance Economists' Conference that took place in the University of  Nottingham and presented the paper: "Is Default Risk Acceptable when Purchasing Insurance?".

04/2007

On the Risk Theory Seminar at the Pennsylvania State University, Dr. Thomas Post and Roman Schulze gave a presentation on "Transferring the Sticky: Individual Annuity Demand and Demographic Risk".

03/2007

Dr. Thomas Post and Roman Schulze gave a presentation on "Transferring the Sticky: Individual Annuity Demand and Demographic Risk" on the annual conference of the "Deutscher Verein für Versicherungswissenschaften e.V." in Stuttgart.

02/2007

A professional discussion on "Private Krankenversicherung - Quo vadis?" took place in the house of the Allianz at the Pariser Platz, Berlin. Speakers were Dr. Martin Schölkopf (at the Bundesministerium für Gesundheit), Klaus Abt (responsible actuary for the Allianz Private Krankenversicherung AG) and Prof. Dr. Hans-Peter Schwintowski (at the Humboldt-Universität zu Berlin). The discussion was moderated by Prof. Dr. Helmut Gründl.

02/2007

Dr. Alexander Dotterweich (at the KPMG) gave a speech on "Grundlagen der Rückversicherung nach HGB und IFRS/US-GAAP".

11/2006

On the Quantitative Finance Seminar, Prof. Mike Adams, Ph.D. (at the University of Wales Swansea) gave a presentation on  "Testing for Information Assymetries in the United Kingdom Market for Property-Liability Reinsurance".

11/2006

Roman Schulze gave a guest lecture in the Norwegian School of Economics and Business Administration in Bergen.

09/2006

Prof. Dr. Helmut Gründl took part in a research sojourn at the School of Business at the University of Wisconsin-Madison for some weeks.

08/2006

Prof. Dr. Helmut Gründl was appointed to the editorial board of the newly founded magazine "Review of Managerial Science" (Springer-Verlag).

08/2006

Prof. Dr. Helmut Gründl, Dr. Thomas Post and Roman Schulze took part in the annual conference of the "American Risk and Insurance Association" in Washington D.C. and gave a talk on the topic "Transferring the Sticky: Individual Annuity Demand and Demographic Risk". The "Verein zur Förderung der Versicherungswissenschaften an den drei Berliner Universitäten" facilitated this oversea trip.

08/2006

Dr. Thomas Post was appointed "Visiting Assistant Professor" at the Business School at the University of Illinois at Urbana-Champaign.

07/2006

Dr. Thomas Post successfully completed his promotion. The title of his dissertation paper was: "Optimale Altersvorsorgestrategien: Eine Lebenszyklusanalyse".

07/2006

Prof. Dr. Helmut Gründl was appointed to the "International Faculty of the Singapore College of Insurance".

06/2006

Dr. Maximilian Zimmerer, the chief executive officer (CEO) of the Allianz Lebensversicherung AG, gave a presentation on the topic "VVG-Reform and  Produkt development in life insurance" on the 4th "Versicherungswissenschaftlichen Fachgespräch" which took place in the Heilig-Geist-Kapelle Berlin. Ernst-Georg Hennig, head in the field of "Betriebliche Altersversorgung" at the "Funk-Gruppe", gave a speech on the topic: "Fordert der Markt überhaupt etwas vom Gesetzgeber? - Gedanken eines Mittlers zwischen Angebot und Nachfrage".

 03/2006

Prof. Dr. Gründl and Roman Schulze attended the 28th UK Insurance Economists' Conference at Universität Nottingham und presented the paper "To Hedge or Not to Hedge: Managing Demographic Risk in Life Insurance Companies".

03/2006

Prof. Dr. Gründl gave a speech on the topic "Lebensversicherung im Umbruch" during the "7. Tages der Versicherungswirtschaft" on 6th March in IHK Berlin and attended a podium discussion on perspectives of insurance science, together with Dr. Gregor Gysi und Prof. Dr. Fred Wagner. Comments to the report were published in "Versicherungswirtschaft" 6/2006

In the April edition of the "Berliner Wirtschaft" (IHK Berlin) an Article about the presentation was published.

01/2006

Prof. Dr. Gründl gave a speech on the topic "Capital Allocation for Insurance Companies - What Good is it?" within "Finance Seminar Series" at the Johann Wolfgang Goethe Univerisity of Frankfurt on 31st January.