Conference Program of CICIRM 2018

Conference date: July 18 -21, 2018
Conference Schedule:
Wednesday, July 18th

15:00-19:00 Registration
Lobby on the first floor of Power Velly International Hotel

18:00-19:30 Welcome Cocktail
Dragon Phoenix Hall on the third floor of Power Valley International Hotel

 

Thursday, July 19th

Friday, July 20th

Saturday, July 21st

8:00-9:00

Registration

8:30-10:00/
10:10

Parallel Oral
Session I-
A,B,C,D,E,F

9:00-10:25

Plenary Session 5

9:00-9:30

Welcome

9:30-10:30

Plenary Session 1

10:10-10:30

Coffee/Tea Break

10:25-10:40

Coffee/Tea Break

10:30-10:50

Coffee/Tea Break

10:50-11:50

Plenary Session 2

10:30-12:00
/12:10

Parallel Oral
Session II-
A,B,C,D,E,F

10:40-11:20

Plenary Session 6

12:00-14:00

Buffet
Lunch

12:10-14:00

Buffet
Lunch

11:20-12:20

Panel Discussion

12:20-12:30

Closing

12:30- 13:30

Buffet Lunch

14:00-15:30

Plenary Session 3

14:00-15:30
/15:40

Parallel Oral
Session III-
A,B,C,D,E,F

13:30-18:30

Sightseeing in Xiong’an and Baiyang Lake

(Optional and fees paid by participants himself )

15:30-15:50

Coffee/Tea Break

15:50-17:50

Plenary Session 4

15:40-16:00

Coffee/Tea Break

17:50-20:30

Welcome Dinner

16:00-17:40

Parallel Oral
Session IV-
A,B,C,D,E,F

 

 

 

Thursday, July 19th

08:00-09:00 Registration
Outside of Power Valley Hall, on the third floor of Power Valley International Hotel

09:00-09:30 Welcome and Opening Ceremony
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: CHEN Bingzheng, Professor, Tsinghua University, China

Leader’s Oration:

9:30-10:30 Plenary Session 1 (in English)
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: Michael R. Powers, Professor, Tsinghua University, China
9:30-10:30 Keynote Speech 1:
Topic: Population ageing, pensions, and intergenerational equity
Speaker: David Blake, Professor, Case Business School, City University London, UK

10:30-10:50 Coffee/Tea Break
Outside of Power Valley Hall, on the third floor of Power Valley International Hotel

10:50-11:50 Plenary Session 2 (in Chinese)
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: CHEN Bingzheng, Professor, Tsinghua University, China

10:50-11:50 Keynote Speech 2:
Topic: Risk Knowledge, Reduction and Pooling: The Economic Value of Insurance
Speaker: Shaun Shuxun Wang, Professor, Nanyang Business School, Singapore

12:00-14:00 Buffet Lunch
Green Vally Café on the first floor of Power Valley International Hotel

14:00-15:30 Plenary Session 3 (in English)
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: Imelda Y. Powers, Ph.D., Global Chief Cat Modeler, Managing Director of Guy Carpenter.

14:00-14:30 Temporal Aggregation of Some Non-linear Time-Series Models with Actuarial Applications
CHAN Wai-Sum, Professor, the Chinese University of Hong Kong, China
14:30-15:00 Corporate Governance and Insurer Performance: Insights from Machine Learning
Yayuan REN, Associate Professor, Illinois State University, USA
15:00-15:30 Stochastic Distortion and its Transformed Copula
YANG jingping, Professor, Peking Uninversity, China

15:30-15:50 Coffee/Tea Break
Outside of Power Valley Hall, on the third floor of Power Valley International Hotel

15:50-17:50 Plenary Session 4 (in Chinese)
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: WANG Jinying, Professor, Hebei University, China

15:50-16:20 In-Depth Reform and Improvement of the Medical Insurance System in the New Era
ZHU Minglai, Professor, Nankai University, China
16:20-16:50 Some Study on Demand and Supply of Health and Medical Insurance
HUANG Wei, Professor, University of International Business and Economics, China
16:50-17:20 Financial Forecasting Analysis of Basic Pension System for Urban Employees
FANG Lianquan, Secretary General, the Centre for International Social Security Studies at Chinese Academy of Social Sciences, China
17:20-17:50 How to Improve the Positive Impact on Social-Economic Development from Insurance in New Era
WEI Li, Professor, Renmin University of China, China

17:50-20:30 Welcome Dinner
Small Auditorium on the second floor of the Power Valley Business Exhibition Center

Friday, July 20th
08:30-10:00 / 10:10 Parallel Oral Sessions I-A, B, C, D, E, F

Parallel Oral Session I-A: Actuarial Science (I) (in English)
Time: 08:30-10:00; Venue: President Meeting Room on the third floor of Power Valley International Hotel

Moderator: CHAN Wai-Sum, Professor, the Chinese University of Hong Kong, China

08:30-09:00 Claims Frequency Modeling Using Telematics Car Driving Data .
Authors: Guangyuan GAO☆, Lecturer, Renmin University of China, China
Shengwang MENG, Professor, Renmin University of China, China
Mario V. Wüthrich, Professor, ETH Zurich, Switzerland
Discussant: Udi Makov, Professor, University of Haifa, Israel

09:00-09:30 Risk Management Application of Intrinsic Discrepancy Loss Functions
Authors: Landsman Zinoviy, Professor, University of Haifa, Israel
Langbord Limor, PhD candidate, University of Haifa, Israel
Udi Makov☆, Professor, University of Haifa, Israel
Discussant: Ping WANG, Associate Professor, St John’s University, USA

09:30-10:00 Institutional Ownership in Financial Services: Performance and Risk .
Authors: James Barrese, Professor, St John’s University, USA
David Pooser, Associate Professor, St John’s University, USA
Ping WANG☆, Associate Professor, St John’s University, USA
Discussant: Guangyuan GAO, Lecturer, Renmin University of China, China

 

Parallel Oral Session I-B: Pension and Development of Insurance Market (in English)
Time: 08:30-10:00; Venue: He Bei on the third floor of Power Valley International Hotel

Moderator: Yayuan REN, Associate Professor, Illinois State University, USA

08:30-09:00 The Cyber March of Human Civilization Puts Insurers at Cross-Roads: Potential Threats & Opportunities
Authors: Praveen GUPTA☆, Managing Director & CEO, Raheja QBE General Insurance Co. Ltd., India
Discussant: CHEN Ze, PhD. Candidate, Tsinghua University, China

09:00-09:30 Three-fund Separation CPPI Strategy for Guaranteed Fund with Retirement Investment Purpose
Authors: CHEN Bingzheng, Professor, Tsinghua University, China
CHEN Ze☆, PhD. Candidate, Tsinghua University, China
Discussant: ENKHBAT Rentsen, Professor, National University of Mongolia, Mongolia

09:30-10:00 Economic impact of the Export Credit Insurance .
Authors: ENKHBAT Rentsen☆, Professor, National University of Mongolia, Mongolia
TUNGALAG Natsagdorj, Professor, National University of Mongolia, Mongolia
Discussant: Praveen GUPTA, Managing Director & CEO, Raheja QBE General Insurance Co. Ltd., India

Parallel Oral Session I-C: Risk Management (I) (in Chinese)
Time: 08:30-10:10; Venue: Lian Chi on the third floor of Power Valley International Hotel

Moderator: TAO Zhengru, Professor, Institute of Engineering Mechanics, China Earthquake Administration, China

08:30-08:55 Assessment of Extreme Risk for Egg Price Fluctuation in Henan Province Based on BMM Model.
Authors: XU Lei, Professor, Agricultural Information Institute, Chinese Academy of Agricultural Sciences,
China
WANG Bingbing☆, Assistant Professor, Agricultural Information Institute, Chinese Academy of
Agricultural Sciences, China
Discussant: LU Jin-Ray, Professor, Dong Hwa University, China

08:55-09:20 Default Risk, Default Costs, and Subordinated Debts .
Authors: LU Jin-Ray☆, Professor, Dong Hwa University, China
Discussant: QIAN Zhenwei, Professor, Yunnan University of Finance and Economics, China

09:20-09:45 Household-Level Adaptation to Earthquake in Rural Ethnic Minority Communities in Dali, China
Authors: QIAN Zhenwei☆, Professor, Yunnan University of Finance and Economics, China
ZHANG Chunmin, Ph.D. Candidate, Yunnan University of Finance and Economics; Lecturer, Yunnan Normal University, China
Discussant: CHEN Cuixia, Lecturer, Hebei Finance University, China

09:45-10:10 Optimal Risk-Taking and Risk Management Decisions of Annuity Insurers under Cumulative Prospect Theory
Authors: CHEN Cuixia☆, Lecturer, Hebei Finance University, China
LIN Yijia, Professor, University of Nebraska - Lincoln, USA
ZHOU Ming, Professor, Central University of Finance and Economics, China
Discussant: WANG Bingbing, Assistant Professor, Agricultural Information Institute, Chinese Academy of Agricultural Sciences, China

Parallel Oral Session I-D: Pension and Social Security (I) (in Chinese)
Time: 08:30-10:10; Venue: Chang Xin on the third floor of Power Valley International Hotel
Moderator: ZHANG Daijun, Professor, Zhejiang University of Finance and Economics, China
08:30-08:55 The Effectiveness Assessment of Longevity Risk Natural Hedging Strategy Based on CVaR and Bayesian MCMC Method.
Authors: HU Shiqiang☆, Associate Professor, Zhejiang University of Finance and Economics, China
Discussant: WU Huiling, Associate Professor, Central University of Finance and Economics, China

08:55-09:20 Multi-Period Optimal Investment Choice Post Retirement with Inter-Temporal Restrictions in a Defined Contribution Pension Plan
Authors: WU Huiling☆, Associate Professor, Central University of Finance and Economics, China
LIU Yuanyuan, Master Degree Candidate, Central University of Finance and Economics, China
WANG Xiuguo, Full Professor, Central University of Finance and Economics, China Discussant: LIU Chang, Lecturer, Zhongnan University of Economics and Law, China

09:20-09:45 The Role and Evaluation of Commercial Insurance in the Construction of Home-based Endowment System .
Authors: LIU Chang☆, Lecturer, Zhongnan University of Economics and Law, China
XU Yingmei, Professor, Zhongnan University of Economics and Law, China
Discussant: QIAO Lili, Ph.D. Candidate, Nankai University, China

09:45-10:10 Household Human Capital Investment and the Effect of Commercial Insurance .
Authors: ZHU Minglai, Professor, Nankai University, China
QIAO Lili☆, Ph.D. Candidate, Nankai University, China
Discussant: HU Shiqiang, Associate Professor, Zhejiang University of Finance and Economics, China

Parallel Oral Session I-E: Insurance Economics (I) (in Chinese)
Time: 08:30-10:10; Venue: Bei Yue on the third floor of Power Valley International Hotel

Moderator: ZHANG Lin, Professor, Hunan University, China

08:30-08:55 Insurance Contract Design of Deductible and Claim Times under Moral Hazard .
Authors: MA Benjiang, Professor, Central South University, China
YANG Xuan☆, Master Degree Candidate, Central South University, China
QIU Chunguang, Master Degree Candidate, Central South University, China
Discussant: WANG Wen, Lecturer, Beijing Technology and Business University, China

08:55-09:20 Analysis on Thatcher government social welfare reform under the framework of Historical Institutionalism, Social Construction and Multiple Streams Framework(MSF).
Authors: WANG Wen☆, Lecturer, Beijing Technology and Business University, China
Discussant: ZHOU Xinfa, Post Doctorate, Peking University, China

09:20-09:45 Research on the Health Inequality Effect of NCMS in China: Data from CHARLS .
Authors: ZHOU Xinfa☆, Post Doctorate, Peking University, China
CHEN Lu, Associate Professor, University of Hunan
BAI Wei, Associate Professor, University of International Business and Economics
Discussant: FAN Chen, PhD. Candidate, Tsinghua University, China

09:45-10:10 Alleviating Moral Hazard by Peer-to-Peer Insurance
Authors: CHEN Bingzheng, Professor, Tsinghua University, China
FAN Chen☆, PhD. Candidate, Tsinghua University, China
Discussant: YANG Xuan, Master Degree Candidate, Central South University, China

Parallel Oral Session I-F: Risk Management (II) (in Chinese)
Time: 08:30-10:10; Venue: Tao Yuan on the third floor of Power Valley International Hotel

Moderator: ZENG Yan, Professor, Sun Yat-sen University, China

08:30-08:55 Financial Early Warning of China’s Property Insurance Companies .
Authors: XU Minmin☆, Associate Professor, Beijing Technology and Business University, China
WANG Ziyue, MSc. Graduate, University of Southampton, China
Discussant: WU Shuang, PhD Candidates, Zhongnan University of Economics and Law, China

08:55-09:20 Can Diversification Reduce Insurers’ Risk? ——Evidence from China Property-liability Insurance Industry
Authors: WU Shuang☆, PhD Candidates, Zhongnan University of Economics and Law, China
Discussant: LIU Yingchen, Graduate student, Northwest University, China

09:20-09:45 China Research on the Current Local Fiscal Debt Risk Management in China----Taking S Province as an Example.
Authors: HAN Jinmian, Associate Professor, Northwest University, China
LIU Yingchen☆, Graduate student, Northwest University, China
Discussant: XU Minmin, Associate Professor, Beijing Technology and Business University, China

 

10:10-10:30 Coffee/Tea Break
Outside of Power Valley Hall, on the third floor of Power Valley International Hotel

10:30-12:00 Parallel Oral Sessions II-A, B, C, D, E, F
Parallel Oral Session II-A: Development and Regulation of Insurance Market (I) (in English)
Time: 10:30-12:00; Venue: President Meeting Room on the third floor of Power Valley International Hotel

Moderator: Udi Makov, Professor, University of Haifa, Israel

10:30-11:00 Emplementing of Employer - Employee Insurance Scheme in Mongolia .
Authors: OYUNTSESTEG Luvsandash☆, Associate Professor, National University of Mongolia, Mongolia
ANKHBAYAR Chuluunbaatar, PhD candidate, National University of Mongolia, Mongolia
Discussant: Khalaf Albalawi, Assistant Professor, Tabuk University, Saudi Arabia

11:00-11:30 Life Insurance in Saudi Arabia and Islamic Law: Shari’ah Harmonisation with Comparison to UK Insurance Law.
Authors: Khalaf Albalawi☆, Assistant Professor, Tabuk University, Saudi Arabia
Discussant: FU Yu, PhD candidate, Central University of Finance and Economics, China

11:30-12:00 Health Status and Functional Disability with Systematic Trends: A Comparison between China and the U.S.
Authors: Yu FU☆, Ph.D. Candidate, Central University of Finance and Economics, Australia
Michael Sherris, Professor, UNSW Australia, Australia
Mengyi XU, Post Ph.D., UNSW Australia, Australia
Zixi LI, UBS Investment Bank, China
Discussant: OYUNTSESTEG Luvsandash, Associate Professor, National University of Mongolia, Mongolia

Parallel Oral Session II-B: Actuarial Science (I) (in Chinese)
Time: 10:30-12:10; Venue: He Bei on the third floor of Power Valley International Hotel

Moderator: LU Jin-Ray, Professor, Dong Hwa University, China

10:30-10:55 Research on Customer Lifetime Value—Based on the Adjustment of "Beta Factor" about Compensate Risk
Authors: ZHANG Lin☆, Professor, Hunan University, China
ZHENG Jingjing, Master Degree Candidate, Hunan University, China
Discussant: HAO Li, Associate Professor, Tianjin University of Finance and Economics, China

10:55-11:20 Forecasting the Mortality of Chinese Population Based on Boosting .
Authors: HAO Li☆, Associate Professor, Tianjin University of Finance and Economics, China
CHEN Ning, Master Candidate, Tianjin University of Finance and Economics, China
Discussant: WANG Xiangnan, Associate Researcher, Institute of Finance and Banking, Chinese Academy of Social Sciences, China

11:20-11:45 Tobit Model and Two-part Model: Comparation and Application to Insurance Demand Study .
Authors: ZHOU Hualin, Lecturer, Yunnan University of Finance and Economics, China
WANG Xiangnan☆, Associate Researcher, Institute of Finance and Banking, Chinese Academy of Social Sciences, China
Discussant: ZHANG Lin, Professor, Hunan University, China

Parallel Oral Session II-C: Development and Regulation of Insurance Market (II) (in Chinese)
Time: 10:30-12:10; Venue: Lian Chi on the third floor of Power Valley International Hotel

Moderator: QIAN Zhenwei, Professor, Yunnan University of Finance and Economics, China

10:30-10:55 the Degree of Insurance Development -- A New Index to Measure the Development of Insurance .
Authors: KOU Yefu☆, Professor, Central University of Finance and Economics, China
CHENG Mingyuan, Postgraduate, Central University of Finance and Economics
XUE Xinyue, Postgraduate, Central University of Finance and Economics
CHANG Yang, Postgraduate, Central University of Finance and Economics
Discussant: ZENG Yan, Professor, Sun Yat-sen University, China

10:55-11:20 Internet Insurance Agency and Allocation of Insurance Market .
Authors: LIN Jieyu, Tsinghua University, China
ZENG Yan☆, Professor, Sun Yat-sen University, China
Discussant: ZHANG Daijun, Professor, Zhejiang University of Finance and Economics, China

11:20-11:45 Discussion on the Policy and Supplementary Insurance System and Mechanism Construction of High-End Technology Innovation Talents.
Authors: ZHANG Daijun☆, Professor, Zhejiang University of Finance and Economics, China
Discussant: SHI Yifei, Xi'an University of Finance and Economics, China

11:45-12:10 Comprehensive Evaluation on the Sustainable Development of “Belt and Road Initiative” Under the Insurance Industry in Shaanxi
Authors: YAN Weizhong, Professor, Xi'an University of Finance and Economics, China
SHI Yifei☆, Xi'an University of Finance and Economics, China
MAO Jili, Xi'an University of Finance and Economics, China
YANG Rui, Xi'an University of Finance and Economics, China
Discussant: KOU Yefu, Professor, Central University of Finance and Economics, China

 

Parallel Oral Session II-D: Develoent and Regulation of Insurance Market (IV) (in Chinese)
Time: 10:30-12:10; Venue: Chang Xin on the third floor of Power Valley International Hotel

Moderator: LIU Jinxia, Professor, Hebei Radio and Television University, China

10:30-10:55 Analysis on the Influence of C-ROSS on the Profitability of China's Property Insurance Companies.
Authors: LIU Lu☆, Associate Professor, Dongbei University of Finance and Economics, China
FENG Li na, undergraduate, Dongbei University of Finance and Economics, China
Discussant: CUI Weiwei, PhD. Candidate, Southwestern University of Finance and Economics, China

10:55-11:20 Does Insurance in China Help to Promote Economic Growth Continuously? ----Based on Time-Varying Pareter Study from the Perspective of Term Structure
Authors: CUI WeiWei☆, Ph.D Candidate, Southwestern University of Finance and Economics, China
Discussant : GU Ye, Master Candidate, Tongji University, China

11:20-11:45 Potential Applications of Blockchain in Medicare .
Authors: GU Ye☆, Master Candidate, Tongji University, China
WANG Haiyan, Associate Professor, Tongji University, China
Discussant: LIU Lu, Associate Professor, Dongbei University of Finance and Economics, China

 

Parallel Oral Session II-E: Behavioral Insurance (I) (in Chinese)
Time: 10:30-12:10; Venue: Bei Yue on the third floor of Power Valley International Hotel
Moderator: Guangyuan GAO, Lecturer, Renmin University of China, China
10:30-10:55 Basic Framework of "Behavioral Insurance Economics" .
Authors: GUO Zhenhua☆, Professor, Shanghai University of International Business and Economics, China
Discussant: ZHOU Jiantao, Associate Professor, Beihang University, China

10:55-11:20 Opportunistic Fraud Chaos for the Female and the Elderly in Transition Period from the Perspectives of Behavior Insurance and Ethical Morality
Authors: ZHOU Jiantao☆, Associate Professor, Beihang University, China
KANG Xinqi, Postgraduate, Beihang University, China
WANG Wentao, Postgraduate, Beihang University, China
CHEN Zhiyu, Undergraduate, Beihang University, China
Discussant: LIU Yi, PhD candidate, Hebei University, China

11:20-11:55 The Reason of Insurance Fraud and Legal Countermeasures----An Analysis Method of Behavioral Insurance
Authors: LIU Yi☆, PhD candidate, Hebei University, China
Discussant: BIAN Luohan, Postgraduate, Beijing Technology and Business University, China

11:55-12:10 Study on the Pricing of Commercial Vehicle Insurance Based on UBI Driving Behavior Score
Authors: BIAN Luohan☆, Postgraduate, Beijing Technology and Business University, China
Discussant: GUO Zhenhua, Professor, Shanghai University of International Business and Economics, China

 

Parallel Oral Session II-F: Actuarial Science, Risk Management (in Chinese)
Time: 10:30-12:10; Venue: Tao Yuan on the third floor of Power Valley International Hotel

Moderator: Yi-Long Hsiao, Associate Professor, Dong Hua University, China

10:30-10:45 Forest Fire Insurance Premium Rate Determination and Development Proposal Based on Risk Division.
Authors: LIU Jinxia, Professor, Hebei Radio and Television University, China
GU Jing☆, Postgraduate, Hebei University of Economics and business, China
Discussant: JI Xingyu, Postgraduate, Beijing Technology and Business University, China

10:45-11:00 Study on the Relationship between Rural Households' Consumption Structure and Rural Credit in Hebei Province----An Empirical Analysis Based on VAR Model
Authors: JI Xingyu☆, Postgraduate, Beijing Technology and Business University, China
Discussant: SONG Baizhi, Undergraduate, Central University of Finance and Economics, China

11:00-11:15 Quantitative Management in Bond Investment of Insurance Funds----Identification of Market Conditions and Screening of Factors on the Basis of Hidden Markov Model
Authors: SONG Baizhi☆, Undergraduate, Central University of Finance and Economics, China
DU Shanglong, Undergraduate, Central University of Finance and Economics, China
Discussant: LIU Xiangyu, Undergraduate, Central University of Finance and Economics, China

11:15-11:30 A Study on Real Estate Industry and Its Contagion to Credit Risk of Commercial Banks .
Authors: LIU Xiangyu☆, Undergraduate, Central University of Finance and Economics, China
ZHENG Sujin, Professor, Central University of Finance and Economics, China
Discussant: GU Jing, Postgraduate, Hebei University of Economics and business, China

 

12:10-14:00 Buffet Lunch
Green Valley Café on the first floor of Power Valley International Hotel

 

14:00-15:30/15:40 Parallel Oral Sessions III-A, B, C, D, E, F

Parallel Oral Session III-A: Risk Management (I) (in English)
Time: 14:00-15:30; Venue: President Meeting Room on the third floor of Power Valley International Hotel

Moderator: Ping WANG, Associate Professor, St John’s University, USA

14:00-14:30 An Empirical Analysis of KMV Credit Risk Model with Corrected Default Point: A Case Study in Developing Country Market
Authors: Yi-Long Hsiao☆, Associate Professor, Dong Hua University, China
Yong-Shun Han, Master graduate student, Dong Hua University, China
Discussant: Chien-Jung Ting, Assistant Professor, Shu-Te University, China

14:30-15:00 the Impact of Portfolio Home Bias Sources on Foreign Currency Exposure .
Authors: Chien-Jung Ting☆, Assistant Professor, Shu-Te University, China
Discussant: ZHANG Jian, Ph.D. Student, Temple University, USA

15:00-15:30 Business Concentration of Medical Malpractice Insurers and the Effect of Tort Reform
Authors: Martin Grace, Professor, Temple University, USA
ZHANG Jian☆, Ph.D. Student, Temple University, USA
Discussant: Yi-Long Hsiao, Associate Professor, Dong Hua University, China
Parallel Oral Session III-B: Risk Management (II) (in Chinese)
Time: 14:00-15:40; Venue: He Bei on the third floor of Power Valley International Hotel

Moderator: XU Lei, Professor, Agricultural Information Institute, Chinese Academy of Agricultural Sciences, China

14:00-14:25 Some Actions on Seismic Risk Management after the Wenchuan Earthquake .
Authors: TAO Zhengru☆, Professor, Institute of Engineering Mechanics, China Earthquake Administration, China
WANG Liyuan, Lecturer, Heilongjiang University of Science and Technology, China
Discussant: LIU Bing, PhD candidate, Central University of Finance and Economics, China

14:25-14:50 Optimal Investment Policies for Insurers with biguity: Minimizing the Probability of Ruin
Authors: LIU Bing☆, Ph.D. Candidate, Central University of Finance and Economics, China
ZHOU Ming, Professor, Central University of Finance and Economics, China
Discussant: BI Jia, Ph.D Candidate, Tilburg University, China

14:50-15:15 Value at Risk, Cross-Sectional Excess Returns and the Role of Investor Sentiment .
Authors: BI Jia☆, Ph.D Candidate, Tilburg University, China
ZHU Yifeng, Assistant Professor, Central University of Finance and Economics, China
Discussant: CHEN Zhiying, Graduate student, Northwest University, China

15:15-15:40 On Risk Management of China's P2P Online Loan Platform Based on Stress Test Analysis: A Case Study of Jimu Platform .
Authors: HAN Jinmian, Associate Professor, Northwest University, China
CHEN Zhiying☆, Graduate student, Northwest University, China
Discussant: TAO Zhengru, Professor, Institute of Engineering Mechanics, China Earthquake Administration, China

Parallel Oral Session III-C: Actuarial Science (II) (in Chinese)
Time: 14:00-15:40; Venue: Lian Chi on the third floor of Power Valley International Hotel

Moderator: ZHANG Lihong, Professor, Tsinghua University, China

14:00-14:25 the Characteristics Research of Population Mortality Risk Based on Functional Data Analysis .
Authors: WANG Jiedan☆, Assistant Professor, Hunan University, China
Discussant: YAO Qinghua, Graduate Student, Beihang University, China

14:25-14:50 Life Insurance Fund Portfolio Selection Based on Expected Utility-Entropy Decision Model .
Authors: LIU Chao, Associate Professor, Beihang University, China
YAO Qinghua☆, Graduate Student, Beihang University, China
Discussant: SU Wen, Postgraduate, North China Electric Power University, China

14:50-15:15 Estimation, Prediction and Application of CBD Model under Irregular Data .
Authors: WU Xiaokun, Assistant Professor, North China Electric Power University, China
SU Wen☆, Postgraduate, North China Electric Power University, China
Discussant: WU Aibo, Postgraduate, Renmin University of China, China

15:15-15:40 Claim Frequency Modeling and Prediction via Machine Learning .
Authors: ZENG Yuzhe, Postgraduate, Renmin University of China, China
WU Aibo☆, Postgraduate, Renmin University of China, China
ZHENG Hongyuan, Postgraduate, Renmin University of China, China
LUO Laijuan, Postgraduate, Renmin University of China, China
Discussant: WANG Jiedan, Assistant Professor, Hunan University, China

Parallel Oral Session III-D: Pension and Social Security (II) (in Chinese)
Time: 14:00-15:40; Venue: Chang Xin on the third floor of Power Valley International Hotel

Moderator: WANG Xiangnan, Associate Researcher, Institute of Finance and Banking, Chinese Academy of Social Sciences, China

14:00-14:25 Japan Long-term Care Insurance: Experience and Reference .
Authors: XU Minmin☆, Associate Professor, Beijing Technology and Business University, China
DUAN Na, Undergraduate, Beijing Technology and Business University, China
Discussant: ZHAO Fang, Ph.D. Candidate, Zhong Nan University Economics and Law, China

14:25-14:50 Study on the Social Security Fund Investment Performance in The Stock Market of China Based on The Carhart 4-Factor Model.
Authors: ZHAO Fang☆, Ph.D. Candidate, Zhong Nan University Economics and Law, China
LIU Dongjiao, Associate Professor, Zhong Nan University Economics and Law, China
Discussant: WU Meiqin, Master of Insurance, Zhejiang University of Finance and Economics, China

14:50-15:15 The Impact of New Rural Social Endowment Insurance on Rural Residents' Consumption---- Analysis based on CHARLS data .
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance and Economics, China
WU Meiqin☆, Master of Insurance, Zhejiang University of Finance and Economics, China Discussant: YANG Xiaodan, Master of Science, Northwest Normal University, China

15:15-15:40 The Study on Self - Pooling and Annuitization Payment Schemes on Lee-Carter Model .
Authors: XIAO Hongmin, Professor, Northwest Normal University, China
YANG Xiaodan☆, Master of Science, Northwest Normal University, China
MA Zhi’e, Master of Science, Northwest Normal University, China
Discussant: XU Minmin, Associate Professor, Beijing Technology and Business University, China

Parallel Oral Session III-E: Life and Health Insurance (in Chinese)
Time: 14:00-15:40; Venue: Bei Yue on the third floor of Power Valley International Hotel

Moderator: ZHOU Jiantao, Associate Professor, Beihang University, China

14:00-14:15 Dilemma and Outlets of Tax-Deductible Health Insurance in China .
Authors: CHEN Shanhe☆, Master Degree, Central University of Finance and Economics, China
Discussant: WANG Muqun, Postgraduate, Beijing Technology and Business University, China

14:15-14:30 Analysis of Demand Factors of Commercial Health Insurance ---- Based on the Comparison of Three Places Beijing, Jiangsu and Hunan.
Authors: WANG Muqun☆, Postgraduate, Beijing Technology and Business University, China
Discussant: LIU Jiahao, M E.c. Candidate, Shanghai University of International Business and Economics, China

14:30-14:45 the Impact of IFRS17 on the Profitability and Business Pattern of Life Insurers in China .
Authors: ZHAO Lei, Associate Professor, Shanghai University of International Business and Economics, China
LIU Jiahao☆, M E.c. Candidate, Shanghai University of International Business and Economics, China
GUO Zhenhua, Professor, Shanghai University of International Business and Economics, China
Discussant: LI Jia, Master. Candidate, Beijing Technology and Business University, China

14:45-15:00 China's Life Insurance Industry Is Open: Reasons and Influence----Based on the Theoretical Perspective of Policy Change Process of Policy Change Process .
Authors: LI Jia☆, Master. Candidate, Beijing Technology and Business University, China
Discussant: LEI Nini, Undergraduate, Central University of Finance and Economics, China

15:00-15:15 Does the participation in the Basic Pension Insurance Scheme promote Household Consumption in China: Evidence from CHARLS
Authors: LEI Nini☆, Undergraduate, Central University of Finance and Economics, China
Discussant: CHEN Shanhe, Master Degree, Central University of Finance and Economics, China

 

Parallel Oral Session III-F: Develoent and Regulation of Insurance Market (V) (in Chinese)
Time: 14:00-15:40; Venue: Tao Yuan on the third floor of Power Valley International Hotel

Moderator: HAO LI, Associate Professor, Tianjin University of Finance and Economics, China

14:00-14:15 A Comparative Study on the Contributions of Insurance and Other Financial Industries to China's Economic Development.
Authors: QI Ming☆, Graduate, Beihang University, China
ZHENG Haitao, Associate Professor, Beihang University, China
Discussant: LONG Biao, Master student, Beijing Technology and Business University, China

14:15-14:30 Research on the Development of Insurance and Poverty Alleviation .
Authors: LONG Biao☆, Master student, Beijing Technology and Business University, China
Discussant: WEI Xiaoting, Graduate degree, Beijing Technology and Business University,China

14:30-14:45 Research on Profitability of Small and Medium-sized Property Insurance Companies in China .
Authors: WEI Xiaoting☆, Graduate degree, Beijing Technology and Business University
Discussant: WEN Xinxing, Postgraduate, Beijing Technology and Business University, China

14:45-15:00 Research on the Fairness of the Basic Medical Security System in Beijing .
Authors: SONG Zhanjun, Lecturer, Beijing Technology and Business University, China
WEN Xinxing☆, Postgraduate, Beijing Technology and Business University, China
Discussant: ZHU Chunyu, Graduate Student, Beijing Technology and Business University, China

15:00-15:15 Empirical Analysis of Influence Factors on the Commercial Endowment Insurance’s Development
Authors: ZHU Chunyu☆, Graduate Student, Beijing Technology and Business University, China
Discussant: QI Ming, Graduate, Beihang University, China

 

15:40-16:00 Coffee/Tea Break
Outside of Power Valley Hall, on the third floor of Power Valley International Hotel

16:00-17:30 Parallel Sessions IV- A, B, C, D, E, F
Parallel Oral Session IV -A: Actuarial Science (III) (in English)
Time: 16:00-17:30; Venue: President Meeting Room on the third floor of Power Valley International Hotel

Moderator: ENKHBAT Rentsen, Professor, National University of Mongolia, Mongolia

16:00-16:30 Catastrophe Models: Contributions to Risk Assessment in Risk Transfer
Authors: Imelda Y. Powers☆, Ph.D., Global Chief Cat Modeler, Managing Director of Guy Carpenter
Discussant: Jingshu LUO, Ph.D. Candidate, Temple University, USA

16:30-17:00 Peer Effects in Corporate Risk Management: Evidence from Reinsurance Utilization.
Authors: Hua CHEN, Associate Professor, Temple University, USA
Jingshu LUO☆, Ph.D. Candidate, Temple University, USA
Discussant: FENG Yulin, PhD. Candidate, Tsinghua University, China

17:00-17:30 A Markov Switching Vector Autoregressive Model for Firm-Level Underwriting Data .
Authors: FENG Yulin☆, PhD. Candidate, Tsinghua University, China
Michael R. Powers, Professor, Tsinghua University, China
Discussant: ZHANG Lihong, Professor, Tsinghua University, China

Parallel Oral Session IV-B: Development and Regulation of Insurance Market (III) (in Chinese)
Time: 16:00-17:30; Venue: He Bei on the third floor of Power Valley International Hotel

Moderator: KOU Yefu, Professor, Central University of Finance and Economics, China

16:00-16:15 Study on the Operation Evaluation and Development Strategy of Urban and Rural Residents' Critical Illness Insurance.
Authors: DU Xiuzhi☆, Master Candidate, Beijing Technology and Business University, China
Discussant: YAN Yuhao, Undergraduate, Central University of Finance and Economics, China

16:15-16:30 Study about the Market of China Non-Professional Commercial Sports Insurance .
Authors: YAN Yuhao☆, Undergraduate, Central University of Finance and Economics, China
Discussant: WANG Chong, Undergraduate, Hebei University, China

16:30-16:45 Research on the Impact of Small Loan Guarantee Insurance in Ningbo on Economic Development.
Authors: WANG Chong☆, Undergraduate, Hebei University, China
Discussant: YANG Xuanrui, Undergraduate, Central University of Finance and Economics, China

16:45-17:00 the Empirical Study on the Reasons for the Development of Agriculture Insurance in China from 2007 to 2016—Based on the Perspective of Farmers’ Demand.
Authors: LI Xinyi, Undergraduate, Central University of Finance and Economics, China
YANG Xuanrui☆, Undergraduate, Central University of Finance and Economics
Discussant: DU Yuchao, Undergraduate, Hebei University, China

17:00-17:15 Research on Life Performance of Life Insurance Company in China's Banking Department .
Authors: DU Yuchao☆, Undergraduate, Hebei University, China
Discussant: HAO Yilin, Undergraduate, Central University of Finance and Economics, China

17:15-17:30 Positive Externalities of Insurance and Its Impact on Social Governance——An Empirical Analysis Based on “Insurance +” Model in Ningbo
Authors: HAO Yilin☆, Undergraduate, Central University of Finance and Economics, China
Discussant: DU Xiuzhi, Master Candidate, Beijing Technology and Business University, China

Parallel Oral Session IV-C: Pension and Social Security (III) (in Chinese)
Time: 16:00-17:30; Venue: Lian Chi on the third floor of Power Valley International Hotel

Moderator: WANG Wen, Lecturer, Beijing Technology and Business University, China

16:00-16:15 The Effect of Delaying Retirement on Redistributive Effect of Basic Pension Insurance Income .
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance & Economics, China
CAO Hangwei☆, Postgraduate, Zhejiang University of Finance & Economics, China
Discussant: WANG Shuai, Master Graduate Student, Shandong University, China

16:15-16:30 Universal Two-Child Policy, Postponed Retirement and Development of Enterprise Annuity .
Authors: YU Dianjiang, Associate Professor, Shandong University, China
WANG Shuai☆, Master Graduate Student, Shandong University, China
Discussant: HU Zhen, Graduate student, Associate Professor,BTBU University, China

16:30-16:45 Research on the Effect of Company Pension on the Efficiency of Enterprise Production Empirical Analysis ---- Based on the Annual Report Data of a Share Listed Companies
Authors: HU Zhen☆, Graduate student, Associate Professor, BTBU University, China
Discussant: LUO Liyuan, Postgraduate, Beijing Technology and Business University, China

16:45-17:00 An Empirical Analysis of Medical Service Demand and Endowment Insurance of Urban and Rural Residents in China--Based on the Four-Part Model Method.
Authors: LUO Liyuan☆, Postgraduate, Beijing Technology and Business University, China
Discussant: LI Dai, Undergraduate, Beijing Technology and Business University, China

17:00-17:15 Research on the Improvement of Birth Insurance System under the Comprehensive Two-Child Policy.
Authors: LI Dai☆, Undergraduate, Beijing Technology and Business University, China
Discussant: ZHANG Bo, Undergraduate, Beijing Technology and Business University, China

17:15-17:30 The Insurance Solution for Old-Age Risk Management in China .
Authors: ZHANG Bo☆, Undergraduate Student, Beijing Technology and Business University, China
Discussant: CAO Hangwei, Postgraduate, Zhejiang University of Finance and Economics, China

Parallel Oral Session IV -D: Property and Liability Insurance (in Chinese)
Time: 16:00-17:30; Venue: Chang Xin on the third floor of Power Valley International Hotel

Moderator: HU Shiqiang, Associate Professor, Zhejiang University of Finance and Economics, China

16:00-16:15 The Development of China’s Mutual Insurance in the Background of Internet Plus .
Authors: LIU Jinxia, Professor, Hebei Radio and TV University, China
JIA Lan☆, Postgraduate, Hebei University of Economics and Business, China
Discussant: CHEN Wanying, Postgraduate, Zhejiang University of Finance and Economics, China

16:15-16:30 Patent Risk Characteristics and Patent Insurance: A Literature Review .
Authors: CHEN Wanying☆, Master of Insurance, Zhejiang University of Finance & Economics, China
YE Xiaoling, Associate Professor, Zhejiang University Of Finance & Economics, China
Discussant: YU Jinghai, Undergraduate, Central University of Finance and Economics, China

16:30-16:45 A Model of Network Virus Insurance and the Study of Its Feasibility .
Authors: YU Jinghai☆, Undergraduate, Central University of Finance and Economics, China
ZHENG Zehao, Undergraduate, Central University of Finance and Economics, China
Discussant: SUN Yizhu, Undergraduate, Beijing Technology and Business University, China

16:45-17:00 Analysis of Network Mutual Insurance Development Based on Network Mutual Assistance Platform.
Authors: SUN Yizhu☆, Undergraduate, Beijing Technology and Business University,China
Discussant: QIN Yufan, Undergraduate, Beijing Technology and Business University, China

17:00-17:15 Comparison of Environment Pollution Liability Insurance between China and America .
Authors: QIN Yufan☆, Undergraduate, Beijing Technology and Business University, China
Discussant: JIA Xiaoying,Undergraduate, Central University of Finance and Economics,China

17:15-17:30 Analysis of Chinese Art Insurance Market & Suggestions on Its Development .
Authors: JIA Xiaoying☆, Undergraduate, Central University of Finance and Economy, China
Discussant: JIA Lan, Postgraduate, Hebei University of Economics and Business, China

Parallel Oral Session IV -E: Pension and Social Security (IV) (in Chinese)
Time: 16:00-17:30; Venue: Bei Yue on the third floor of Power Valley International Hotel

Moderator: WU Huiling, Associate Professor, Central University of Finance and Economics, China

16:00-16:15 Research on the Demand Relationship between Social Pension Insurance and Commercial Pension Insurance----Based on the analysis of CGSS data .
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance and Economics, China
ZHANG Dan☆, Master of insurance, Zhejiang University of Finance and Economics, China
Discussant: WEN Xinxing, Postgraduate, Beijing Technology and Business University, China

16:15-16:30 Research on the Fairness of the Basic Medical Security System in Beijing .
Authors: WEN Xinxing☆, Postgraduate, Beijing Technology and Business University, China
Discussant: SHI Qingyuan, Postgraduate, Zhejiang University of Finance and Economics, China

16:30-16:45 The Feasibility Study of Mutual-system Long-term Care Insurance in Zhejiang Province .
Authors: SHI Qingyuan☆, M.Ec. Candidate, Zhejiang University of Finance and Economics, China
YE Xiaoling, Associate Professor, Zhejiang University of Finance and Economics, China
Discussant: ZHENG Chen, Postgraduate, Beijing Technology and Business University, China

16:45-17:00 Comparative Study on the Pilot Mode of Long-Term Care Insurance in China .
Authors: ZHENG Chen☆, Postgraduate, Beijing Technology and Business University,China
Discussant: NING Xin, Postgraduate, Beijing Technology and Business University, China

17:00-17:15 Research on Commercial Insurance Role in the Pension Industry Based on Policy Tools .
Authors: NING Xin☆, Postgraduate, Beijing Technology and Business University, China
Discussant: LI Weiting, Postgraduate, Beijing Technology and Business University, China

17:15-17:30 Analysis on the Policy Contents of the Multilevel Old-Age Security Service for Commercial Insurance Service Based on Policy Tools.
Authors: LI Weiting☆, Postgraduate, Beijing Technology and Business University, China
Discussant: ZHANG Dan, Postgraduate, Zhejiang University of Finance and Economics, China

Parallel Oral Session IV-F: Insurance Economics (II) (in Chinese)
Time: 16:00-17:30; Venue: Tao Yuan on the third floor of Power Valley International Hotel

Moderator: XU Minmin, Associate Professor, Beijing Technology and Business University, China

16:00-16:15 A Study on Assets and Liabilities Management of Insurance Company Based on the Technology of Scenario-Generation of Ensemble Learning -- Take X Company as an Example .
Authors: WANG Ruijie☆, Master. Candidate, Beijing Technology and Business University, China
Discussant: QI Hengxin, Undergraduate, Central University of Finance and Economics, China

16:15-16:30 the Effect of Retrospective Premium Model on Controlling Moral Hazard .
Authors: QI Hengxin☆, Undergraduate, Central University of Finance and Economics, China
WEN Zhonghui, Undergraduate, Central University of Finance and Economics, China
Discussant: TIAN Ze, Undergraduate, Central University of Finance and Economics, China

16:30-16:45China The Study of Chinese Insurance Agency System .
Authors: TIAN Ze☆, Undergraduate, Central University of Finance and Economics, China
LIU Yifan, Undergraduate, Central University of Finance and Economics, China
Discussant: ZUO Minghui, Undergraduate, Central University of Finance and Economics, China

16:45-17:00 A Study of the Optimum Commission Rate of Insurance Agents and the Maximum Profit of Insurance Companies----Based on Incentive Contract Model.
Authors: ZUO Minghui☆, Undergraduate, Central University of Finance and Economics, China
LI Zhouyawen☆, Undergraduate, Central University of Finance and Economics,China
SUN Xi, Undergraduate, Central University of Finance and Economics, China
Discussant: WANG Ruijie, Postgraduate, Beijing Technology and Business University, China

Saturday, July 21st

Industry Forum: The New Era and New Engine —— InsurTech

09:00-10:20 Plenary Session 5
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: CHEN Tao, Professor, Southwestern University of Finance and Economics, China

09:00-09:20 Technology Innovation and Development of Insurance Industry
Speaker: YAO Qinghai, President, Insurance Institute of China, China
09:20-09:40 the New Aspects That Insurtech Brings to Insurance Research
Speaker: CHEN Bingzheng, Professor, Tsinghua University, China
09:40-10:00
Speaker: HU Wei, Chief Operation Officer, Ping An Technology, China
10:00-10:20
Speaker: JIANG Xinwei, General Manager, Electronic Commerce Center, PICC P&C .


10:20-10:40 Coffee/Tea Break
Outside of Power Valley Hall, on the third floor of Power Valley International Hotel

 

10:40-11:40 Plenary Session 6
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: YING Chengyuan, Professor, Hebei University, China

10:40-11:00 the Impact of Artificial Intelligence on Insurance Industry
Speaker: Arthur BI, Partner, McKinsey & Company, China
11:00-11:20 InsurTech and Innovation created new opportunities for Insurance Industry .
Speaker: Justin WANG, Chief Operation Officer, Zurich Insurance (China), China
11:20-11:40
Speaker: YANG Haisong, Chief Technology Officer, WeSure, Tencent, China

11:40-12:20 Panel Discussion
Power Valley Hall on the third floor of Power Valley International Hotel

Topic: How Can InsurTech Boost the Development of Insurance Industry?

Moderator: ZHAO Guifang, Assistant President & Board of Directors Secretary, Yanzhao Property and Casualty Insurance Company Limited, China

Discussants:
YAO Qinghai, President, Insurance Institute of China, China
CHEN Bingzheng, Professor, Tsinghua University, China
HU Wei, Chief Operation Officer, Ping An Technology, China
JIANG Xinwei, General Manager, Electronic Commerce Center, PICC P&C
Arthur BI, Partner, McKinsey & Company, China
Justin WANG, Chief Operation Officer, Zurich Insurance (China), China
YANG Haisong, Chief Technology Officer, WeSure, Tencent, China
12:20-12:35 Closing
Power Valley Hall on the third floor of Power Valley International Hotel

Moderator: CHEN Bingzheng, Professor, Tsinghua University, China

12:35-13:30 Buffet Lunch
Green Valley Café on the first floor of Power Valley International Hotel