Financial Economics of Insurance

Benjamin R. Handel, Ralph S. J. Koijen, and Motohiro Yogo, Organizers

April 24, 2020

on Zoom.us

Friday, April 24
10:00 am	Regulatory Forbearance in the U.S. Insurance Industry: The Effects of Eliminating Capital Requirements
10:30 am	Internal Models, Make Believe Prices, and Bond Market Cornering
11:00 am	Trust and Insurance Contracts
11:30 am	Break
11:45 am	Unemployment Insurance as a Subsidy to Risky Firms
12:15 pm	The Effect of Political Frictions on Long-term Care Insurance (slides)
12:45 pm	Panel Discussion, The Impact of the COVID-19 Crisis on the Insurance Sector (slides) Mohamed Baccouche, AXA Group Chief Actuary Jerome Haegeli, Swiss Re Group Chief Economist (slides) Thomas Wilson, Allianz Chief Risk Officer (slides)
1:45 pm	Break
	Data analytics and insurance markets
2:00 pm	The Value of Ignoring Risk: Competition between Better Informed Insurers (slides)
2:30 pm	Inverse Selection
3:00 pm	Government Advertising in Market-Based Public Programs: Evidence from the Health Insurance Marketplace
3:30 pm	Break
3:45 pm	Buying Data from Consumers: The Impact of Monitoring Programs in U.S. Auto Insurance
	Climate change and insurance markets
4:15 pm	Mortgage Markets with Climate-Change Risk: Evidence from Wildfires in California
4:45 pm	Adaptation and Adverse Selection in Markets for Natural Disaster Insurance
5:15 pm	Adjourn