Conference Schedule of CICIRM 2011
Conference date: July 24 -27, 2011
Conference Schedule:
Sunday, July 24th
13:00-19:00 Registration, Wenjin Hotel Lobby
18:00-19:30 Welcome Cocktail, Carneige Hall, the Third Floor of Wenjin Hotel
Monday, July 25th
08:00-09:00 Registration, Outside of Functiong Room, the Fourth Floor of Wenjin Hotel
09:00-09:30 Welcome and Opening Ceremony, Functiong Room, the Fourth Floor of Wenjin Hotel
Moderator: Chen Bingzheng, Professor, Tsinghua University, P.R. China

09:30-10:00 Coffee/Tea Break



10:00-12:00 Plenary 1 (Function Room, the fourth floor)
Moderator: Michael R.Powers, Professor, Temple University, Tsinghua University, USA
10:00-11:00 Keynote Speech 1: Corporate Governance, Organizational Structure, and Research of Insurance Companies
Speaker: Gene Lai, Professor, Washington State University, USA
11:00-12:00 Keynote Speech 2: The Landscape of Insurance Regulation: a European View
Speaker: Christopher Parsons, Professor, Cass Business School, City University, UK

12:00-14:00 Buffet Lunch, Reno Cafe, the Second Floor of Wenjin Hotel



14:00-16:00 Plenary 2 (Function Room, the fourth floor)
Moderator: Gene Lai, Professor, Washington State University, USA
14:00-14:30 A Generalized Immunization Approach for Hedging Longevity and Financial Risks for Life Insurers
Jennifer L.WANG, Professor, Taiwan Chengchi Univesity, China
14:30-15:00 Valuation of Variable Annuities
YANG Hailiang, Professor, University of Hong Kong
15:00-15:30 VaR and Ruin Probability
REN Jiandong, Professor, University of Western Ontario, London Ontario, Canada
15:30-16:00 Improving the Risk-Finance Paradigm
Michael Powers, Professor, Temple University, Tsinghua University, USA

16:00-16:20 Coffee/Tea Break



16:20-18:20 Plenary 3 (Function Room, the fourth floor)
Moderator: WANG Xujin, Professor, Beijing Technology and Business University, P.R. China
16:20-16:50 The supplier and participants in catastrophe risk management, from the perspective of public goods
ZHUO Zhi, Professor, Southwestern University of Finance and Economics
16:50-17:20 The Sustainable Development of Basic Health Insurance System in China
ZHU Minglai, Professor, NanKai University
17:20-17:50 Interpret insurance and risk management with the traditional Chinese culture
WANG Zhichao, General Secretary, Insurance Association of China
17:50-18:20 Active Insurance Fraud Detection and its Implication for Emerging Markets
AI Jing, Assistant Professor, University of Hawaii at Manoa, USA

18:30-20:00 Chinese Style Dinner, Carneige Hall , the Third Floor of Wenjin Hotel
Tuesday, July 26th
08:30-10:30 Parallel Session I-A, B, C, D

Session I-A: Actuarial Theory, Method and Practice (in English)(Function Room, the fourth floor)
Moderator: YANG Hailiang, Professor, University of Hong Kong
08:30-08:50 The Choice of Trigger in an Insurance Linked Security: The Mortality Risk Case
Richard MacMinn, Professor, Illinois State University, USA
Andreas Richter, Professor, Ludwig-Maximilians University, Germany
08:50-09:10 Risk Modeling of Multi-Year, Multi-Line Reinsurance Using Copulas
WANG Ping, Professor, St John's University, USA
09:10-09:30 Pension Payment Level Estimation in the New Rural Pension System
GAO Jianwei, Professor, North China Electric Power University, P.R. China
CHEN Xiaojie, North China Electric Power University, P.R. China
WANG Qingzhuang, North China Electric Power University, P.R. China
09:30-09:50 A Study on Flood Insurance Pricing Based on Willingness to Pay of Residents in China
ZHANG Lin, Professor, Hunan University, Finance & Statistics College, P.R. China
TANG Linjuan, Actuarial Department of Taiping Insurance Company,P.R. China
09:50-10:10 Global Supply Chain Risk Management strategies from China
Cermolacce Christophe, Professor, Tongji University, P.R. China



Session I-B:Property and Liability Insurance (in Chinese)(VIP3, the fourth floor)
Moderator: YE Xiaolin, Assistant Professor, Zhejiang University of Finance & Economics
08:30-08:50 Research on China's Homeowner Earthquake Insurance Product
XU Minmin, Assistant Professor, Beijing Technology and Business University, P.R. China
LUAN Hong, Assistant Professor, Beijing Technology and Business University, P.R. China
08:50-09:10 Research on mechanism of insurance compensation for hurricane disaster loss in China
LI Jiaming, Professor, Anhui University of Economics & Finance, P.R. China
WANG Zongpeng, Anhui University of Economics & Finance, P.R. China
09:10-09:30 Comparative Studies on Development of International Earthquake Insurance System and Experience Learning
XIAO Kuixi, Guangdong University of Foreign Studies
XU Shichang, SUN YAT-SEN University
CAO Lin, Guangdong University of Foreign Studies
ZHOU Ningbo, Guangdong University of Foreign Studies
09:30-09:50 Subsidies to Farmers Based on The Extent of Demand for Agricultural Insurance, the Empirical Analysis - Hunan Province
WANG Ren, Assistant Professor, Hu Nan University of Business
YAN Fei, Assistant Professor, Hu Nan University of Business
09:50-10:10 Research on Exemption from Income Tax of Auto TPL Compulsory Insurance
NING Wei, Beijing Technology and Business University, P.R. China



Session I-C: Risk Management: Theory and Practice (in Chinese)(VIP2, the fourth floor)
Moderator: ZHENG Wei, Assistant Professor, Peking University, P.R. China
08:30-08:50 Risk Environment and Prevention of China's Life Insurance In the Post-Financial Crisis Era
LI Wei, Assistant Professor, Liaoning University
08:50-09:10 Analysis of statutory solvency margin of property insurance companies in China by Copula
CHEN Dihong, Professor, Hunan University
SUN Pengyuan, Hunan University
09:10-09:30 Analysis of State-owned holding Insurance Companies' Risk Management on the Basis of Equity Structure
JIA Fan, Renmin University of China
09:30-09:50 Research on Insurance Market System Based on System Theory
WANG Ruijiang, Tsinghua University, P.R. China
QIN Peng, Tsinghua University, P.R. China
CHEN Bingzheng, Professor, Tsinghua University, P.R. China



Session I-D: Life and Health Insurance (in Chinese)(VIP1, the fourth floor)
Moderator: WANG Xiaojun, Professor, Renmin University of China, P.R. China
08:30-08:50 Per Capita Medical Expenses Study Based on Fuzzy Polynomial
KOU Yefu, Assistant Professor, Central University of Finance and Economics
JIA Li, Central University of Finance and Economics,
WANG Yunbo, Central University of Finance and Economics,
08:50-09:10 The Effect of Public Health Insurance Coverage on Household Consumption--An Analysis with Panel Data at Provinces Level in China
ZHU Minglai, Professor, Nankai University
KUI Chao, Nankai University
LIU Xiaojing, Nankai University
09:10-09:30 Is the Gibrat Laws Applicable to China's Life Insurance Company?
SHAO Quanquan, Nankai University
09:30-09:50 Empirical Analysis of Integrated Development of China's Housing Mortgage Loan and Social Endowment Insurance
LI Jiaming, Professor, Anhui University of Economics & Finance
ZHANG Hui, Anhui University of Economics & Finance
09:50-10:10 Regional Comparative Level of Social Security
ZHANG Ya, Beijing Technology and Business University, P.R.China
CHANG Geng, Beijing Technology and Business University, P.R.China

10:30-10:50 Coffee/Tea Break



10:50-12:20 Plenary 4 (Function Room, the fourth floor)
Moderator: ZHU Minglai, Professor, NanKai University
10:50-11:35 Environmental Risk and Insurance
BIE Tao, Director, Department of Policies, Law and Regulations,Ministry of Environmental Protection of the People's Republic of China
11:35-12:20 Some remarks about forecasting longevity
Emilio Venezian, Professor, Feng Chia University,Chao Yang University of Technology, USA

12:20-14:00 Buffet Lunch, Reno Cafe, the Second Floor of Wenjin Hotel



14:00-15:40 Parallel Session II-A, B, C, D
Session II-A: Risk Management: Theory and Practice (in English)(Function Room, the fourth floor)
Moderator: AI Jing, Assistant Professor, University of Hawaii at Manoa, USA
14:00-14:20 The Opaqueness of Structured Bonds: Evidence from the U.S. Insurance Industry
PARK Sojung, California State University, USA
XIE Xiaoying, California State University, USA
14:20-14:40 The Study on Innovation of China's Agricultural Catastrophe Risk Insurance Diversification Mechanism
TAN Zhongming, Professor, Jiangsu University, P.R. China
FENG Xuefeng, Jiangsu University, P.R. China
14:40-15:00 The Empirical Analysis on the Economic Capital of The Investment Risks in the Chinese Insurance Company?
TIAN Lin, Professor, Wuhan University, P.R. China
WANG Zhengwen, Wuhan University, P.R. China
XU Haifeng, Wuhan University, P.R. China
15:00-15:20 The Literature Review of Social Security's Risk Management and Improvement Based on Informatization
CAO Yue, Shanghai Institute of Foreign Trade, P.R. China
15:20-15:40 What is the Property and Liability Insurance Business
Emilio Venezian, Professor, Feng Chia University,Chao Yang University of Technology,USA



Session II-B: Risk Management: Theory and Practice (in Chinese)(VIP3, the fourth floor)
Moderator: TUO Guozhu, Professor , Capital University of Economics and Business, P.R. China
14:00-14:20 Research on Bonus-Malus System of China's motor insurance
JI Caihong, Beijing Technology and Business University, P.R. China
14:20-14:40 Disruption Risk Management in Supply Chains: a Game Theory Approach
YANG Baohua, Shanghai Normal University
CUI Baisheng, Shanghai University of Finance and Economics
14:40-15:00 The research on the development of Foreign Insurance Companies in China
WANG Xujin, Professor, Beijing Technology and Business University, P.R. China
XI You, Beijing Technology and Business University, P.R. China
ZHAO Peng, Beijing Technology and Business University, P.R. China
15:00-15:20 Low carbon economy: Current Situation, Problems and Solutions---The empirical analysis on energy consumption and GDP of Hebei province
YING Chengyuan, Professor, Hebei University
LIU Zhenwei, Hebei Branch of China Life
KONG Shanshan, Hebei University



Session II-C: Theory and Practice of Risk Management (in Chinese)(VIP2, the fourth floor)
Moderator: LI Jiamin, Professor, Anhui University of Economics & Finance
14:00-14:20 Market Equilibrium Interest of Mortgage Loans under Adjustment Factor and Insurance Designing
CHEN Dihong, Professor, Hunan University, P.R. China
FAN Biwu, Hunan University, P.R. China
WANG Min, Hunan University, P.R. China
14:20-14:40 Integrated Risk Management and coping strategies for the Industry Chain of Agriculture-related Enterprises
ZHANG Zhicheng, Tsinghua University, P.R. China
14:40-15:00 Research on the Microinsurance in the Process of Urbanization
LUAN Hong, Assistant Professor, Beijing Technology and Business University, P.R. China
15:00-15:20 Solvency Regulation, Capital Structure Optimization and Insurance Corporate Governance
PENG Youyuan, Renmin University of China
15:20-15:40 The Efficiency of Foreign Insurance Companies Operating in China--an Analysis based on WTO Entry Effect with Panel Data Model
LI Xinping, NanKai University
ZHU Minlai, Professor, NanKai University



Session II-D: Insurance Economics: General Theory (in Chinese)(VIP1, the fourth floor)
Moderator: LUAN Hong, Assistant Professor, Beijing Technology and Business University, P.R. China
14:00-14:20 Application of Game Analysis on the Collusive Insurance Fraud in China
XU Xu, Beijing Technology and Business University, P.R. China
14:20-14:40 Issues on Accounting Measurement of Life Insurance Liability in term of New Standard of Insurance Accounting
CHU Liping, Shanghai University of Finance and Economics, P.R. China
14:40-15:00 Risk perception and the willingness of insurance purchase
ZHU Shaojie, Shanghai Institute of Foreign Trade, P.R. China
GUO Zhenhua, Shanghai Institute of Foreign Trade, P.R. China
15:00-15:20 A Fuzzy Random Ruin Model Based on Superposition Renewal Process
GAO Jianwei, Professor, North China Electric Power University, P.R. China
WANG Qingzhuang, North China Electric Power University, P.R. China
CHEN Xiaojie, North China Electric Power University, P.R. China
15:20-15:40 Recognition the Causes of the Insurance Company Business Failure: Base on the Core Competence Rigid Evolution and Sample with AIG
LIU Dongjiao, Professor, Zhongnan University of Economics and Law, P.R. China
YE Anzhao, Professor, Guangxi University of Finance and Economics, P.R. China

15:40-16:00 Introduction of China Research Network for Insurance and Risk Management

16:00-16:20 Coffee/Tea Break



16:20-18:00 Parallel Session III-A,B,C,D

Session III-A: Insurance Economics: General Theory (in English)(Function Room, the fourth floor)
Moderator: REN Jiandong, Professor, University of Western Ontario, Canada
16:20-16:40 The Dilemma of Foreign Insurers in China
WANG Maoqi, Tsinghua University, P.R. China
CHEN Bingzheng, Professor, Tsinghua University, P.R. China
16:40-17:00 The Effect of Policyholders'Rationality on Unit-linked Life Insurance Contracts with Surrender
LI Jing, University of Bonn, Germany
Alexander Szimayer, Professor, University of Hamburg, Germany
17:00-17:20 The Matthew Effect Formation Mechanism of the Insurance Funds Involved in the Security Housing Construction Investment and the Resolution
ZHANG Daijun , Professor, Zhejiang University of Finance & Economics, P.R. China
17:20-17:40 Executive Compensation and Risk Taking in the Property and Liability Insurance Industry
BROWNE Mark, Professor, University of Wisconsin - Madison, USA
MA Yuluen, Professor, Illinois State University, USA
WANG Ping, Professor, Tobin College of Business, St John's University,USA
17:40-18:00 Joanna Gary The Regulatory Philosophy of Chinese Insurance Regulator (CIRC) behind the Amendment of Chinese Insurance Law
LI Chaofeng, Renmin University of China, the University of Manchester, P.R. China
Joanna Gary, Professor, University of Newscastle, UK



Session III-B: Pension and Social Security (in Chinese)(VIP3, the fourth floor)
Moderator: GAO Jianwei, Professor, North China Electric Power University, P.R. China
16:20-16:40 Civil-service pension scheme reform, savings and capital accumulation-A general equilibrium analysis based on OLG framework
QIAO Yang, Beijing Technology and Business University, P.R. China
16:40-17:00 A Study on effect of the Reform of Cinese Public Pension System
LI Shehuan, Shanghai University of Finance & Economics, P.R. China
17:00-17:20 Distribution of Responsibility of Social Security in China
LIANG Xuezhen, Anhui University of Economics & Finance
17:20-17:40 Enterprise Annuity: Discrimination and government inervention
SHU Jinlan, Anhui University of Economics & Finance
17:40-18:00 Pension Fund Asset Allocation: Global Trends and China's performance
QIAO Yang, Beijing Technology and Business University, P.R. China



Session III-C: Insurance Economics: General Theory (in Chinese)(VIP2, the fourth floor)
Moderator: YE Anzhao, Professor, Guangxi University of Finance and Economics, P.R. China
16:20-16:40 The Valuation of Influencing Factor of Agricultural Insurance Based Grey Correlation Analysis
CHEN Xiaoan, Southwestern University of Finance and Economics, P.R. China
16:40-17:00 What Determine the Choice of China's Life Insurance System
XUE Mei, Beijing Technology and Business University, P.R. China
17:00-17:20 A Study on Formation Pattern of Shanghai International Reinsurance Center
XU Ying, Shanghai Finance University, P.R. China
17:20-17:40 Research on the Microinsurance in the Process of Urbanization
LUAN Hong, Assistant Professor, Beijing Technology and Business University, P.R.China
17:40-18:00 The Matthew Effect Formation Mechanism of the Insurance Funds Involved in the Security Housing Construction Investment and the Resolution
ZHANG Daijun, Professor, Zhejiang University of Finance & Economics, P.R. China



Session III-D: Life and Health Insurance (in Chinese)(VIP1, the fourth floor)
Moderator: YING Chengyuan
16:20-16:40 Analysis on the dynamic correlation between China life insurance demand and macro-economy
XU Li, Xiamen University, P.R. China
LIU Jinxiang, Xiamen University, P.R. China
16:40-17:00 Analysis of Demand for Long-Term Care Insurance in Zhejiang Province
ZHOU Haizhen, Zhejiang University of Finance & Economics, P.R. China
17:00-17:20 Studies on Private Insurance for Landless Peasants
LI Wei, Professor, Liaonin University
YAN Na, Jiang Tai Insurance Brokers Limited
17:20-17:40 The Analysis and Prediction of China Life Insurance Market Structure
LIU Chao, Tsinghua University, P.R. China
CHEN Bingzheng, Professor, Tsinghua University, P.R. China

Wednesday, July 27th
09:00-10:30 Plenary 5 (Function Room, the fourth floor)
Moderator: TUO Guozhu, Professor, Capital University of Economics and Business, P.R. China
09:00-09:30 Some thoughts and practice of PICC, from the perspective of ERM
WANG He, Vice President, PICC Property and Casualty Company Limited
09:30-10:00 Insurance Solution for Overseas M&A (Merger & Acquisition Insurance)
ZENG Wanli, Head of Financial Lines & Surety, Zurich Insurance Company Limited
10:00-10:30 The applications of quantitative analysis in risk management in the insurance industry
LIU Freeman, Manager for Great China, Asia Regional Senior Manager, Palisade Asia-Pacific Pty Ltd.

10:30-10:50 Coffee/Tea Break



10:50-12:20 Plenary 6 (Function Room, the fourth floor)
Moderator: ZHUO Zhi, Professor, Southwestern University of Finance and Economics,P.R. China
10:50-11:20 Fully display the function of IIC to enhance the soft power of insurance industry
LUO Zhongmin, President, Insurance Institute of China
11:20-11:50 The opportunity and challenge of insurance industry during the Twelfth Five-year Plan period
TIAN Hui, Associate Researcher, Financial Research Institute Development Research Center of the State Council of P.R.C.
11:50-12:20 The Late-developing Advantage in Insurance----the development of international financial center in Shanghai
XU Wenhu, Professor, FuDan University

12:20-12:40 Closing
13:00-15:00 Chinese Style Lunch, KANEIJI Hall, the Third Floor of Wenjin Hotel