Conference Program of CICIRM 2019

Conference date: July 17 -20, 2019
Conference Schedule:
Wednesday, July 17th

15:00-19:00 Registration
Lobby, the first floor of Crowne Plaza Chengdu Wenjiang

18:00-19:30 Welcome Cocktail
Grand Ballroom II, the Second floor of Crowne Plaza Chengdu Wenjiang

 

Thursday, July 18th

Friday, July 19th

Saturday, July 20th

8:00-9:00

Registration

8:30-10:00/
10:10

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

8:30-10:00

Plenary Session 5

9:00-9:10

Welcome

9:10-10:30

Plenary Session 1

10:10-10:30

Coffee/Tea Break

10:00-10:20

Coffee/Tea Break

10:30-10:50

Coffee/Tea Break

10:50-12:10

Plenary Session 2

10:30-12:00
/12:10

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

10:20-11:50

Plenary Session 6

12:10-14:00

Lunch

12:10-14:00

Buffet
Lunch

11:50-12:20

Panel Discussion

12:20-12:30

Closing

12:30- 14:00

Lunch

14:00-16:00

Plenary Session 3

14:00-15:30
/15:40

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

 

 

16:00-16:20

Coffee/Tea Break

16:20-18:20

Plenary Session 4

15:40-16:00

Coffee/Tea Break

19:00-20:30

Welcome Dinner

16:00-17:30
/17:40

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

 

Thursday, July 18th

08:00-09:00 Registration
Venue: Space outside of the Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

09:00-09:10 Welcome and Opening Ceremony
Venue: Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

Moderator: CHEN Bingzheng, Professor, Tsinghua University, China
Leader’s Oration:

9:10-10:30 Plenary Session 1 Venue: Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

Moderator: Michael R. Powers, Professor, Tsinghua University, China

9:10-9:50 Keynote Speech 1: (in English)
Topic: Age Matters
Speaker: Phelim P. Boyle, Professor, Wilfrid Laurier University, Canada
9:50-10:30 Keynote Speech 2: (in Chinese)
Topic: (to be announced)
Speaker: ZHUO Zhi, President, Southwestern University of Finance and Economics, China

10:30-10:50 Coffee/Tea Break
Venue: Space outside of Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

10:50-12:10 Plenary Session 2 (English)
Venue: Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

Moderator: Gene LAI, Professor, University of North Carolina at Charlotte, U.S.

10:50-11:30 Keynote Speech 3: On Longevity Risk Management: An Economist’s Perspective
Speaker: Richard D. MacMinn, Professor, Southwestern University of Finance and Economics, China; the University of Texas, U.S.

11:30-12:10 Keynote Speech 4: The Global Pension Crisis – View from Academia
Speaker: Mary Hardy, Professor, University of Waterloo, Canada

12:10-14:00 Buffet Lunch
Venue: Liuyuan Shifu Campus Canteen, the second floor of San Wei Tang, Liulin Campus, Southwestern University of Finance and Economics

14:00-16:00 Plenary Session 3 (in English)
Venue: Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

Moderator: AI Jing, Professor, University of Hawaii, U.S.

14:00-14:30 Multimarket Contact, Market Structure, and Hedging Decisions: An Investigation of the U.S. Property and Casualty Insurance Industry
Speaker: Yijia LIN, Professor, University of Nebraska - Lincoln, U.S.

14:30-15:00 An Axiomatic Theory for Rating Structured Finance Securities
Speaker: Ruodu WANG, Associate Professor, University of Waterloo, Canada

15:00-15:30 Compulsory Insurance, Moral Hazard and Participating Willingness of Farmers:Evidence from a Quasi-Experiment on Sow Insurance
Speaker: ZHANG Yuehua, Professor, Zhejiang University, China

15:30-16:00 ML/AI for Quantitative Risk Modeling
Speaker: WANG Maoqi, Vice President, Wells Fargo, Quantitative Analytic, U.S.

16:00-16:20 Coffee/Tea Break
Venue: Outside of Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

16:20-18:20 Plenary Session 4 (in Chinese)
Venue: Room 105, Hongyuan Building, Liulin Campus, Southwestern University of Finance and Economics

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

16:20-16:50 the Mechanism of Inclusive Insurance to Alleviate Poverty Vulnerability under the Impact of Agricultural Risk
Speaker: SUN Rong, Professor, Southwestern University of Finance and Economics, China

16:50-17:20 Risk Management and Capital Management of Insurance Companies in China
Speaker: KOU Yefu, Professor, Central University of Finance and Economics, China

17:20-17:50 Theory and Empirical Study of Insurance Protection
Speaker: SU Fang, Professor, Shanghai University of Finance and Economics, China

17:50-18:20 Air Pollution and Insurance
Speaker: GAO Feng, Associate Professor, Tsinghua University, China

19:00-20:30 Welcome Dinner
Venue: Grand Ballroom IIon the Second floor of Crowne Plaza Chengdu Wenjiang

Friday, July 19th
08:30-10:00 / 10:10 Parallel Oral Sessions I-A, B, C, D, E, F, G, H, I

Parallel Oral Session I-A: Actuarial Science (I) (in English)
Time: 08:30-10:00; Venue: VIP IIon the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Randy E. Dumm, Professor, Temple University, U.S.

08:30-09:00 Nesting Generalized Linear Models into Neural Networks for General Insurance Claims Modeling
Authors: Mario V. Wüthrich☆ Professor, ETH Zurich, Switzerland
Discussant: Frank Xuyan WANG, Senior Research Scientist, Validus Research Inc. Canada

09:00-09:30 Twisted Wang Transform Distribution
Authors: Frank Xuyan WANG☆, Senior Research Scientist, Validus Research Inc. Canada
Discussant: LI Hong, Assistant Professor, University of Manitoba, Canada

09:30-10:00 Gompertz Law Revisited: Forecasting Mortality in a Multi-factor Framework
Authors: LI Hong☆, Assistant Professor, University of Manitoba, Canada
TAN Ken Seng, Professor, University of Waterloo, Canada
TULJAPURKAR Shripad, Professor, Stanford University, U.S.
ZHU Wenjun, Assistant Professor, Nanyang Technological University, Singapore
Discussant: Mario V. Wüthrich, Professor, ETH Zurich, Switzerland

Parallel Oral Session I-B: Insurance Economics (I) (in English)
Time: 08:30-10:00; Venue:VIP III on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Phelim P. Boyle, Professor, Wilfrid Laurier University, Canada

08:30-09:00 Stock Market Reaction to InsurTech Innovations
Authors: Yuluen MA, Professor, University of North Texas, U.S.
Yayuan REN☆, Associate Professor, Illinois State University, U.S.
Discussant: SHI Tianxiang, Assistant Professor, Temple University, U.S.

09:00-09:30 On the Valuation of Reverse Mortgages with Surrender Options
Authors: LEE Yung-Tsung, Associate Professor, Chiayi University, China
SHI Tianxiang☆, Assistant Professor, Temple University, U.S.
Discussant: LU Jin-Ray, Professor, Dong Hwa University, China

09:30-10:00 Equity Fund Manager Ability and Returns of Equity
Authors: LU Jin-Ray☆, Professor, Dong Hwa University, China
Discussant: Yayuan REN, Associate Professor, Illinois State University, U.S.

Parallel Oral Session I-C: Actuarial Science (II) (in Chinese)
Time: 08:30-10:10; Venue:ChuanFu Room I on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: MENG Shengwang, Professor, Renmin University of China, China

08:30-08:55 the Designing and Pricing on a New Ecological Forest Insurance Plan in China
Authors: GAO Jianwei☆, Professor, North China Electric Power University, China
HE Dayi, Associate Professor, Chinese University of Geoscience, China
Discussant: JIN Boyi, Associate Professor, Shandong University of Finance and Economics, China

08:55-09:20 The application of Extreme Value Theory in Mortality prediction of China
Authors: JIN Boyi☆, Associate Professor, Shandong University of Finance and Economics, China
Li Ning, Post Graduate, Shandong University of Finance and Economics, China
Discussant: CHEN Yan, Lecturer, Northwest A&F University, China

09:20-09:45 A Spatial-Temporal Model for Pricing Wintering Freeze Index Insurance for Kiwifruit in Shaanxi
Authors: CHEN Yan☆, Lecturer, Northwest A&F University, China
ZHAO Xuerui, Student, Northwest A&F University, China
NIE Qiang, Associate Professor, Northwest A&F University, China
Discussant: GAO Jianwei, Professor, North China Electric Power University, China

Parallel Oral Session I-D: Risk Management (I) (in Chinese)
Time: 08:30-10:10; Venue:ChuanFu Room II on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: SU Fang, Professor, Shanghai University of Finance and Economics, China

08:30-08:55 Suggestions on Seismic Risk Management in China Following the World Conferences on Natural Disaster Reduction
Authors: TAO Zhengru☆, Professor, China Earthquake Administration, China
HAN Lu, Master Candidate, China Earthquake Administration, China
Discussant: DENG Guoqu, Professor, Henan University of Science and Technology, China

08:55-09:20 The Evaluation of Operational Efficiency in International Disaster Public Welfare Organizations
Authors: DENG Guoqu☆, Professor, Henan University of Science and Technology, China
LIU Shiqiang, Master's degree, Henan University of Science and Technology, China
LI Li, Master's degree, Henan University of Science and Technology, China
Discussant: WANG Xiaojuan, Master's degree, Yunnan University of Finance and Economics, China

09:20-09:45 Research on Collaborative Mechanism of Disaster Risk Management and Targeted Poverty Alleviation
Authors: ZHANG Yan, Associate Professor, Yunnan University of Finance and Economics, China
WANG Xiaojuan☆, Master's degree, Yunnan University of Finance and Economics, China
LIAO You, Master's degree, Yunnan University of Finance and Economics, China
Discussant: WANG Chao, Lecturer, Yunnan University, China

09:45-10:10 Financial Systemic Risk and Macro-Prudential Regulation: A Literature-based Analysis
Authors: WANG Chao☆, Lecturer, Yunnan University, China
LUO Huimin, Undergraduate, Yunnan University, China
Discussant: TAO Zhengru, Professor, China Earthquake Administration, China

 

Parallel Oral Session I-E: Development and Regulation of Insurance Market (I) (in Chinese)
Time: 08:30-10:10; Venue:Boardroomon the fourth floor of Crowne Plaza Chengdu Wenjiang

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

08:30-08:55 Research on the Construction of Big Data Platform of Shaanxi Insurance Industry
Authors: YAN Weizhong☆, Professor, Xi'an University of Finance and Economics, China
ZHAO Xing, Graduate student, Xi'an University of Finance and Economics, China
JIA Yuanfei, Graduate student, Xi'an University of Finance and Economics, China
ZHANG Caihong, Graduate student, Xi'an University of Finance and Economics, China
NI Shiyuan, Graduate student, Xi'an University of Finance and Economics, China
Discussant: LIU Shiqi, Fujian Jiangxia University, China

08:55-09:20 The Empirical Study on the Selection Factors of Insurance Major in China —Conclusions of 483 Samples Based on the Factor Analysis
Authors: LIU Shiqi☆, Fujian Jiangxia University,China
HUANG Maohai, Fujian Jiangxia University,China
LI Yushui, Fujian Jiangxia University, China
WANG Dan, Fujian Jiangxia University,China
Discussant: FENG Haiyan, Lecturer, Shanghai Lixin University of Accounting and Finance, China

09:20-09:45 How to Improve Innovation and Development of Mental Health Insurance by InsurTech
Authors: FENG Haiyan☆, Lecturer, Shanghai Lixin University of Accounting and Finance, China
Discussant: YAN Weizhong, Professor, Xi'an University of Finance and Economics, China

 

Parallel Oral Session I-F: Behavioral Insurance (I) (in Chinese)
Time: 08:30-10:10; Venue:Yongquan Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: LI Manman, Associate Professor, Chongqing University, China

08:30-08:55 Basic Framework of "Behavioral Insurance Economics"
Authors: GUO Zhenhua☆, Professor, Shanghai University of International Business and Economics, China
Discussant: YAN Yunxian, Professor, Jilin Agricultural University, China

08:55-09:20 Willingness to Pay for Pig Index-Based Insurance by Farmers in Jilin Province
Authors: YAN Yunxian☆, Professor, Jilin Agricultural University, China
WANG Yiping, Lecturer, Jilin Agricultural University, China
Discussant: ZHENG Wenyuan, Associate Professor, Southwestern University of Finance and Economics, China

09:20-09:45 Optimal Claim Decisions in Auto Insurance under Bonus-Malus System: from Mental Accounting and Loss Aversion Perspective
Authors: ZHENG Wenyuan☆, Associate Professor, Southwestern University of Finance and Economics, China
LI Bingqing, Professor, Nankai University, China
LI Qiyi, Ph.D. Candidate, Nankai University, China
Discussant: CHEN Cuixia, Assistant professor, Hebei Finance University, China

09:45-10:10 Risk-Seeking Behavior and Its Implications for the Optimal Decision Making of Annuity Insurers
Authors: CHEN Cuixia☆, Assistant professor, Hebei Finance University, China
LIN Yijia, Professor, University of Nebraska - Lincoln, U.S.
ZHOU Ming, Professor, Central University of Finance and Economics, China
Discussant: GUO Zhenhua, Professor, Shanghai University of International Business and Economics, China

 

Parallel Oral Session I-G: Property and Liability Insurance (I) (in Chinese)
Time: 08:30-10:10; Venue:Wenjiang Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: PU Chengyi, Professor, Central University of Finance and Economics, China

08:30-08:55 Study on the Efficiency and Influencing Factors of Poverty Alleviation for Policy- Oriented Agricultural Insurance in Guangdong Province
Authors: DENG Meijun, Master, Guangdong University of Finance and Economics, China
GAO Xiangjie, Master, Guangdong University of Finance and Economics, China
ZHANG Zurong☆, Professor, Guangdong University of Finance and Economics, China
Discussant: LIN Lefen, Professor, Nanjing Agriculture University, China

08:55-09:20 Analysis of Planting Scale and Disaster Damage on the Performance Evaluation of Agricultural Insurance of Major Planting
Authors: LIN Lefen☆, Professor, Nanjing Agriculture University, China
LI Yuanxiao, Master's Degree Candidate, Nanjing Agriculture University, China
Discussant: QIU Quanjun, Lecturer, Fujian Jiangxia University, China

09:20-09:45 Introspection on School No-fault Insurance of Fujian Provincial and Suggestions on its Development
Authors: QIU Quanjun☆, Lecturer, Fujian Jiangxia University, China
FU Dalong, Operating Officer, Fujian Branch of Union Insurance Broker CO. LTD, China
Discussant: ZHOU Hualin, Postdoctoral, Yunnan University of Finance and Economics, China

09:45-10:10 Rationality of Compulsory Vehicle Liability Insurance’s Operating Cost and Analysis on Insurance Company’s Ability of Risk Selection
Authors: ZHOU Hualin☆, Postdoctoral, Yunnan University of Finance and Economics, China
ZHANG Wentao, Associate Research fellow, Yunnan Academy of Social Sciences, China
Discussant: ZHANG Zurong, Professor, Guangdong University of Finance and Economics, China

 

Parallel Oral Session I-H: Pension and Social Security (I) (in Chinese)
Time: 08:30-10:00; Venue:Rongcheng Room I on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: TUO Guozhu, Professor, Capital University of Economics and Business, China

08:30-08:45 Research on the Influence of New Rural Endowment Insurance on Labor Supply ---Analysis based on CHARLS data
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance and Economics, China
CHEN Siyao☆, Master of Insurance, Zhejiang University of Finance and Economics, China

08:45-09:00 The Optimal Investment and Annuitization Time During the Post-retirement Phase of a Defined Contribution Pension Plan
Authors: WANG Jing☆, Master Candidate, Central University of Finance and Economics, China
WU Huiling, Professor, Central University of Finance and Economics, China

09:00-09:15 Study on the Impact of Delayed Retirement Policy on Birth Rate of Population
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance and Economics, China
FENG Xin☆, Master of Insurance, Zhejiang University of Finance and Economics, China

09:15-09:30 Investigation and Analysis on the Employee Welfare of Couriers -- A Case Study of College Town and Its Surroundings in Fangshan District, Beijing
Authors: XU Minmin, Associate Professor, Beijing Technology and Business University, China
CUI Yanlin☆, Undergraduate, Beijing Technology and Business University, China
YANG Shuang, Undergraduate, Beijing Technology and Business University, China

09:30-09:45 Research on the Relationship between the National Uniform Contribution Rate and Benefit of the Worker’s Basic Endowment Insurance —Exploring Feasible Policies Based on the Government’s Goal of ‘Reduced Contribution Rate and Fixed Replacement Rate’
Authors: WANG Songhan, Central University of Finance and Economics, China
WU Yi☆, Central University of Finance and Economics, China
QI Sixian, Central University of Finance and Economics, China
WANG Yuding, Central University of Finance and Economics, China

09:45-10:00 Analysis of the Beneficiary Groups and Financial Burden of Personal Tax Deferred Pension Insurance—Comparison of New and Old Personal Income Tax System
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance and Economics, China
WU Junqing☆, Master of Insurance, Zhejiang University of Finance and Economics, China

Parallel Oral Session I-I: Pension and Social Security (II) (in Chinese)
Time: 08:30-10:00; Venue:Rongcheng Room II on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: YIN Chengyuan, Professor, Hebei University, China

08:30-08:45 What Influence the Preference for Formal Nursing Care of the Elderly in China——An Empirical Study Based on CLHLS
Authors: WANG Jingyi☆, Graduate Student, Beijing University of International Business and Economics, China
WANG Run, Graduate Student, Beijing University of International Business and Economics, China

08:45-09:00 Study on the Development of Long-term Care Insurance
Authors: XING dong☆, Master degree student, Beijing Technology and Business University, China

09:00-09:15 American Long Term Care Insurance: Experience and Reference
Authors: XU Minmin, Associate Professor, Beijing Technology and Business University, China
DUAN Na☆, Beijing Technology and Business University

09:15-09:30 What Course to Follow: Current Situation and Future Direction of Long-Term Care Insurance in China
——Based on Long-Term Care Insurance Pilot Experience of 15 Cities in China
Authors: SHE Xiaochen☆, Central University of Finance and Economics, China
ZHU Nashu, Central University of Finance and Economics, China

09:30-09:45 Research on the Impact of Commercial Pension Insurance on Subjective Well-being of Residents —Analysis Based on CGSS Data
Authors: ZHOU Haizhen, Associate Professor, Zhejiang University of Finance and Economics, China
ZHENG Jiahao☆, Master of Insurance, Zhejiang University of Finance and Economics, China

09:45-10:00 Effect of Longevity Risk on Pension Balance under the Premium Rate Reform
Authors: WEN Zhonghui☆, Center University of Finance and Economics, China
CHEN Sihe, Center University of Finance and Economics, China

10:10-10:30 Coffee/Tea Break
Venue: Outside of meeting rooms on the second and fourth floor of Crowne Plaza Chengdu Wenjiang

10:30-12:00/12:10 Parallel Oral Sessions II-A, B, C, D, E, F, G, H, I
Parallel Oral Session II-A: Actuarial Science (III) (in English)
Time: 10:30-12:00; Venue:VIP IIon the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Mario V. Wüthrich, Professor, ETH Zurich, Switzerland

10:30-11:00 Optimal Reinsurance with Model Uncertainty
Authors: Joshua GAVAGAN, Michigan State University, U.S.
HU Liang, Jilin University, China
Gee LEE, Assistant Professor, Michigan State University, U.S.
LIU Haiyan☆, Assistant Professor, Michigan State University, U.S.
Anna WEIXEL, Michigan State University, U.S.
Discussant: Yanxin LIU, Assistant Professor, University of Nebraska-Lincoln, U.S.

11:00-11:30 The Heat Wave Model for Constructing Two-Dimensional Mortality Improvement Scales with Measures of Uncertainty
Authors: Johnny Siu-Hang LI, Professor, University of Melbourne, Australia
Yanxin LIU☆, Assistant Professor, University of Nebraska-Lincoln, U.S.
Discussant: Frank Y. FENG, Assistant Professor, Shanghai University of Finance and Economics, China

 

11:30-12:00 A Unified Approach to Optimal Partial Hedging
Authors: Frank Y. FENG☆, Assistant Professor, Shanghai University of Finance and Economics, China
Tze Leung LAI, Professor, Stanford University, U.S.
Michael R. Powers, Professor, Tsinghua University, China
Discussant: LIU Haiyan, Assistant Professor, Michigan State University, U.S.

 

Parallel Oral Session II-B: Property and Liability Insurance (II) (in English)
Time: 10:30-12:00; Venue:VIP III on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Mary Hardy, Professor, University of Waterloo, Canada

10:30-11:00 An Analysis of Post Demutualization in the Property-Liability Insurance Industry
Authors: Licheng (Rachel) JIN☆, University of North Carolina at Charlotte, U.S.
Gene LAI, University of North Carolina at Charlotte, U.S.
Chia Ling HO, Tamkang University, China
Discussant: Jiang CHENG, Lingnan University, China

11:00-11:30 In-House Actuaries and Sarbanes-Oxley: The Case of Property-Casualty Insurer
Authors: Jiang CHENG☆, Lingnan University, China
Mary A. Weiss, Professor, Temple University, U.S.
Tzuting LIN, Taiwan University, China
Discussant: Jason J. H. YEH, Associate Professor, the Chinese University of Hong Kong, China

 

11:30-12:00 Does the Marriage of Finance and Technology Disrupt Financial Stability? Empirical Evidence from the Introduction of FinTech Regulatory Sandboxes
Authors: Derrick W.H. FUNG, Assistant Professor, the Hang Seng University of Hong Kong, China
Becky W.Y., Assistant Professor, the Hang Seng University of Hong Kong, China
Jason J. H. YEH☆, Associate Professor, the Chinese University of Hong Kong, China
Kevin F.L. YUEN, Assistant Professor, the Hang Seng University of Hong Kong, China
Discussant: Licheng (Rachel) JIN, University of North Carolina at Charlotte, U.S.

 

Parallel Oral Session II-C: Insurance Economics (II) (in Chinese)
Time: 10:30-12:10; Venue:ChuanFu Room I on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: YAN Yunxian, Professor, Jilin Agricultural University, China

10:30-10:55 Analysis of the Impact of Natural Disasters on Macroeconomic Fluctuation in China Based on SVAR and SUR Models
Authors: Chengyi PU☆, Professor, Central University of Finance and Economics, China
Zhen LIU, Southwest University of Finance and Economics, China
Xiaojun PAN, Beijing Normal University, China
Discussant: LIU Yi, Associate professor, the National Police University for Criminal Justice School of Economics, China

10:55-11:20 Theoretical Exploration on the Application of Financial Technology in Anti-insurance fraud
Authors: LIU Yi☆, Associate professor, the National Police University for Criminal Justice School of Economics, China
Discussant: CHEN Xuejiao, Ph.D. Candidate, Central University of Finance and Economics, China

11:20-11:55 Risk- and value- Based Investment Decisions for Non-Life Insurers under Long-Term Yields
Authors: CHEN Xuejiao☆, Ph.D. Candidate, Central University of Finance and Economics, China
ZHOU Ming, Professor, Central University of Finance and Economics, China
Discussant: LI Zhen, Ph.D. Candidate, Nankai University, China

11:55-12:10 Research on Catastrophe Risk Impact,Insurance Guarantee and Regional Economic Fluctuation
Authors: LIU Wei, Professor, Nankai University, China
LI Zhen☆, Ph.D. Candidate, Nankai University, China
Discussant: Chengyi PU, Professor, Central University of Finance and Economics, China

 

Parallel Oral Session II-D: Pension and Social Security (III) (in Chinese)
Time: 10:30-12:10; Venue:ChuanFu Room II on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: DENG Guoqu, Professor, Henan University of Science and Technology, China

10:30-10:55 Preliminary Study on the Design and Application of the Performance Evaluation Index System of Insurance Companies Based on Welfare Policy Participation
Authors: YU Changqing, General Manager Assistant, Hubei Guarantee Group Co. LTD, China
LU Xia, Director of Strategic Studies Department, Hubei Guarantee Group Co. LTD, China
FAN Junhuan☆, the Project Manager, Hubei Guarantee Group Co. LTD, China
Discussant: DENG Peiyun, Ph.D. Candidate, Tsinghua University, China

10:55-11:20 Compulsory Schooling Laws and Participation in New Rural Pension Scheme: A Regression Discontinuity Design
Authors: DENG Peiyun☆, Ph.D. Candidate, Tsinghua University, China
FAN Xiaodong, Lecturer, Monash University, China
CHEN Bingzheng, Professor, Tsinghua University, China
Discussant: FU Wenshu, Master student, Hebei University, China

11:20-11:55 Investment for Growth — Improve the Level of Social Pension Security
Authors: YIN Chengyuan, Professor, Hebei University, China
FU Wenshu☆, Master student, Hebei University, China
Discussant: CHEN Yusha, Postgraduate, Fudan University, China

11:55-12:10 Optimal Decision Analysis of Chinese Enterprise Annuity under Tax Deferral Policy
Authors: CHEN Yusha☆, Postgraduate, Fudan University, China
Discussant: FAN Junhuan, the Project Manager, Hubei Guarantee Group Co. LTD, China

 

Parallel Oral Session II-E: Life and Health Insurance (I) (in Chinese)
Time: 10:30-12:10; Venue:Boardroom on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: YAN Weizhong, Professor, Xi'an University of Finance and Economics, China

10:30-10:55 Study on the Influence of Urban and Rural Medical Insurance Coordination on the Consumption of Floating Population- Counterfactual Estimation Based on Propensity Score Matching (PSM)
Authors: MA Benjiang☆, Professor, Central South University, China
PEI Qiaoling, Master Degree Candidate, Central South University, China
ZHOU Zhongmin, Associate Professor, Hunan Institute of Finance and Economics, China
Discussant: ZHENG Haitao, Associate Professor, Beihang University, China

10:55-11:20 Research on the Driving Factors of Life Insurance Companies’ Surrender Risk under Economic Crisis
Authors: WEI Zhenyu, Department Manager, Jiang Tai Insurance Brokers Co., LTD., China
ZHENG Haitao☆, Associate Professor, Beihang University, China
ZHANG Wenrui, Manager, Yian Insurance Co. LTD, China
Discussant: YU Dianjiang, Associate Professor, Shandong Uniersity, China

 

11:20-11:55 An Empirical Study on Factors Influencing the Development of Commercial Health Insurance
Authors: YU Dianjiang☆, Associate Professor, Shandong Uniersity, China
ZHOU Meihan, Master Candidate, Renming University, China
Discussant: HU Ding, Master Candidate, Southeast University, China

11:55-12:10 Individual vs. Household: How Does Different Calculation Patterns of Catastrophic Health Expenditure Affect the Performance of China’s Critical Illness Insurance Program
Authors: ZHANG Ying, Associate Professor, Southeast University, China
HU Ding☆, Master Candidate, Southeast University, China
GUAN Yongmei, Master Candidate, Southeast University, China
Jacques VANNESTE, Professor, University of Antwerp, Belgium
Discussant: MA Benjiang, Professor, Central South University, China

 

Parallel Oral Session II-F: Actuarial Science (IV) (in Chinese)
Time: 10:30-12:10; Venue:Yongquan Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: JIN Boyi, Associate Professor, Shandong University of Finance and Economics, China

10:30-10:55 Spread Pricing Models of Catastrophe Bonds
Authors: MENG Shengwang, Professor, Renmin University of China, China
CHEN Huimin☆, Ph.D. Candidate, Renmin University of China, China
Discussant: XU Tingting, Ph.D. Candidate, Southwestern University of Finance and Economics, China

10:55-11:20 Estimation of the Funds Size of China's Catastrophe Insurance Based on Optimal Reinsurance
Authors: XU Tingting☆, Ph.D. Candidate, Southwestern University of Finance and Economics, China
YANG Liang, Southwestern University of Finance and Economics, China
Discussant: LING Yi, Master candidate, Fudan University, China

11:20-11:45 Comprehensive Evaluation of Chinese Local Government's Debt Solvency--From the Perspective of Chengtou bond
Authors: LING Yi☆, Master candidate, Fudan University, China
Discussant: ZHOU Yu, M Ec. Candidate, Shanghai University of International Business and Economics, China

11:45-12:10 The Linkage Effects of IFRS9 and IFRS17 on the Solvency and Profit of Life Insurers in China
Authors: ZHOU Yu☆, M Ec. Candidate, Shanghai University of International Business and Economics, China
Discussant: CHEN Huimin, Ph.D. Candidate, Renmin University of China, China

 

Parallel Oral Session II-G: Risk Management (II) (in Chinese)
Time: 10:30-12:10; Venue:Wenjiang Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: TAO Zhengru, Professor, China Earthquake Administration, China

10:30-10:55 The Impact of the Ownership Structure on Risk-taking Behavior in the Insurance Industry: Based on Anbang’s Evidence
Authors: SUN Rong, Professor, Southwestern University of Finance and Economics, China
MAO Ying☆, Ph.D Candidate, Southwestern University of Finance and Economics, China
ZHEN Hao, Ph.D Candidate, Southwestern University of Finance and Economics, China
Discussant: LIAO Xiaohui, Master Candidate, Tongji University, China

10:55-11:20 Research on Risk Contagion and Immunity of Asset Management Business Based on Complex Network
Authors: LIAO Xiaohui☆, Master Candidate, Tongji University, China
WANG Haiyan, Associate Professor, Tongji University, China
Discussant: LUO Jingwen, Master student, Southwestern University of Finance and Economics, China

11:20-11:55 Research on Systematic Risk Assessment and Early Warning of China's Insurance Industry
Authors: XU Hua, Associate Professor, Southwestern University of Finance and Economics, China
LUO Jingwen☆, Master student, Southwestern University of Finance and Economics, China
ZHU Jiaxin, Master student, Southwestern University of Finance and Economics, China
Discussant: HAN Caicai, Graduate, Southwest University of Finance and Economics, China

11:55-12:10 Study of Subadditivity and Tail-Subadditivity Based on GlueVaR Distortion Risk Measurement
Authors: YANG Liang, Lecturer, Southwest University of Finance and Economics, China
HAN Caicai☆, Graduate, Southwest University of Finance and Economics, China
Discussant: MAO Ying, Ph.D Candidate, Southwestern University of Finance and Economics, China

 

Parallel Oral Session II-H: Actuarial Science and Regulation of Insurance Market (in Chinese)
Time: 10:30-12:00; Venue:Rongcheng Room I on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: ZHU Wei, Professor, University of International Business and Economics, China

10:30-10:45 The Application of Generalized Regression Neural Network in Auto Insurance Pricing Model
Authors: YANG Yuanqi, Central University of Finance and Economics, China
WEI Meng, Central University of Finance and Economics, China

10:45-11:00 Actuarial Model of Urban Employee’ Basic Pension Insurance Fund under the Background of Reform— Based on optimal portfolio analysis
Authors: PENG Ruowei☆, Central University of Finance and Economics, China
HUANG Jiahui, Central University of Finance and Economics, China

11:00-11:15 Potential Roles of Actuaries in Loss Prevention and Reduction: Case Study of Super Typhoon Mangkhut in Guangdong Province
Authors: XU Lan☆, Undergraduate Student, Central University of Finance and Economics, China
ZHENG Sujin, Professor, Central University of Finance and Economics, China

11:15-11:30 Estimation of Improved BEKK Model and Its Application in Investment Portfolio
Authors: LIU Liping, Professor, Guizhou University of Finance and Economics, China
CHEN Qin☆, Master's Degree Students, Guizhou University of Finance and Economics, China

 

Parallel Oral Session II-I: Life and Health Insurance (II) (in Chinese)
Time: 10:30-12:00; Venue:Rongcheng Room II on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: ZHANG Zurong, Professor, Guangdong University of Finance and Economics, China

10:30-10:45 Exploring Evolution and Emerging Trends in Health Insurance Study: A Co-Citation Analysis
Authors: SHENG Lijun☆, Central University of Finance and Economics, China

10:45-11:00 Valuation Model and Empirical Study of Life Insurance Companies in China under IFRS17
Authors: HAN Jing☆, M Ec. Candidate, Shanghai University of International Business and Economics, China

11:00-11:15 The Impact of Population Structure on the Demand for Commercial Health Insurance: An Empirical Analysis Based on Interprovincial Panel Data in China
Authors: TANG Lin☆, M.A. Candidate, Central University of Finance and Economics, China

11:15-11:30 Research on the Development of Xinjiang Commercial Health Insurance
Authors: AYiShaliken•YaLikun☆, Master student, Beijing Technology and Business University Insurance Department, China

11:30-11:45 Two-Dimensional Hedging Strategy for Longevity Risk and Interest Rate Risk Based on Stochastic Mortality and Interest Rate Model
Authors: YANG Xuanrui☆, Undergraduate, Central University of Finance and Economics, China
LIANG Jian, Undergraduate, Central University of Finance and Economics, China
WEN Zhonghui, Undergraduate, Central University of Finance and Economics, China

12:10-14:00 Buffet Lunch
Venue:Wen Café on the first floor of Crowne Plaza Chengdu Wenjiang

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

Parallel Oral Session III-A: Actuarial Science (V) (in English)
Time: 14:00-15:30; Venue:VIP IIon the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Frank Xuyan WANG, Senior Research Scientist, Validus Research Inc., Canada

14:00-14:30 Optimal Insurance with Belief Heterogeneity and Incentive Compatibility
Authors: Yichun CHI, Professor, Central University of Finance and Economics, China
Shengchao ZHUANG☆, Assistant Professor, University of Nebraska Lincoln, U.S.
Discussant: WANG Yinzhi, Ph.D. Candidate, University of Oslo, Norway

14:30-15:00 The Practical Relevance of Optimal Reinsurance
Authors: WANG Yinzhi☆, Ph.D. Candidate, University of Oslo, Norway
BØLVIKEN Erik, Professor, University of Oslo, Norway
HUSBY Arne, Professor, University of Oslo, Norway
Discussant: HUANG Fei, Senior Lecturer, Australian National University, Australia

15:00-15:30 Multi-population Mortality Forecasting Using Tensor Decomposition
Authors: DONG Yumo, Ph.D. Candidate, Australian National University, Australia
HUANG Fei☆, Senior Lecturer, Australian National University, Australia
YU Honglin, Post-doc Fellow, Australian National University, Australia
Steven HABERMAN, Professor, City, University of London, UK
Discussant: Shengchao ZHUANG, Assistant Professor, University of Nebraska Lincoln, U.S.

 

Parallel Oral Session III-B: Risk Management (III) (in English)
Time: 14:00-15:30; Venue:VIP III on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Yijia LIN, Professor, University of Nebraska - Lincoln, U.S.

14:00-14:30 Losses from Your ILS Portfolio? Well, What Did You Expect?
Authors: Morton N. LANE☆, Professor, the University of Illinois at Champaign-Urbana, U.S.
Roger G. BECKWITH, Vice President, Lane Financial LLC, U.S.
Discussant: ZHANG Lihong, Professor, Tsinghua University, China

14:30-15:00 The Relationship between Corporate Social Responsibility and Enterprise Risk Management: An Empirical Examination
Authors: Hao LU, Ph.D. Candidate, University of Calgary, Canada
Xiaoyu LIU☆, Assistant Professor, Saint Mary’s University, Canada
Loren FALKENBERG, Professor, University of Calgary, Canada
Discussant: Hong ZOU, Associate Professor, University of Hong Kong, China

 

15:00-15:30 Director Liability and Board Quality
Authors: Ronald MASULIS, University of New South Wales, Australia
Sichen SHEN, University of Hong Kong, China
Hong ZOU☆, Associate Professor, University of Hong Kong, China
Discussant: Morton N. LANE, Professor, the University of Illinois at Champaign-Urbana, U.S.

 

Parallel Oral Session III-C: Actuarial Science (VI) (in Chinese)
Time: 14:00-15:40; Venue:ChuanFu Room I on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: GAO Jianwei, Professor, North China Electric Power University, China

14:00-14:25 Re-adjustment of Parameters in CBD Mortality Model of China
Authors: WU Xiaokun☆, North China Electric Power University, China
Discussant: HUANG Yifan, Ph.D. Candidate, Renmin University of China, China

14:25-14:50 Research on Bayesian Nonparametric Models and its Application in Insurance Loss Prediction
Authors: MENG Shengwang, Professor, Renmin University of China, China
HUANG Yifan☆, Ph.D. Candidate, Renmin University of China, China
Discussant: TAN Li, Ph.D. Candidate, Southwestern University of Finance and Economics, China

14:50-15:15 Study on the Rate Comparison and Optimal Insurance Plan of Sichuan Hog Price Insurance
Authors: TAN Li☆, Ph.D. Candidate, Southwestern University of Finance and Economics, China
Discussant: ZHANG Yiyuan, Ph.D. Candidate, Renmin University of China, China

15:15-15:40 Factor Copula Model for Spatial dependence risk Modeling and Insurance Rating research
Authors: MENG Shengwang, Professor, Renmin University of China, China
ZHANG Yiyuan☆, Ph.D. Candidate, Renmin University of China, China
Discussant: WU Xiaokun, North China Electric Power University, China

 

Parallel Oral Session III-D: Development and Regulation of Insurance Market (II) (in Chinese)
Time: 14:00-15:40; Venue:ChuanFu Room II on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: LIN Lefen, Professor, Nanjing Agriculture University, China

14:00-14:25 The Impact of Special Events on Insurance Companies and Systemic Risk in Insurance Sector
Authors: ZOU Yige☆, Ph.D. Candidate, Shanghai University of Finance and Economics, China
SU Fang, Professor, Shanghai University of Finance and Economics, China
Discussant: WANG Xinying, Master student, Hebei University, China

14:25-14:50 Research on Insurance Regulation in China Based on Bibliometrics
Authors: YIN Chengyuan, Professor, Hebei University, China
WANG Xinying☆, Master student, Hebei University, China
Discussant: XIONG Jing, Ph.D. Candidate, Shanghai University of Finance and Economics, China

 

14:50-15:15 The Consistency Analysis between Protection Ability and Solvency Regulation of Nonlife Insurance in China
Authors: SU Fang, Professor, Shanghai University of Finance and Economics, China
XIONG Jing☆, Ph.D. Candidate, Shanghai University of Finance and Economics, China
Discussant: WANG Zifeng, Master, Central University of Finance Economics, China

15:15-15:40 Dynamic Interdependence and Systemic Risk Topology—Application to Commercial Banks and Insurance Companies
Authors: WANG Zifeng☆, Master, Central University of Finance Economics, China
YANG Xinyue, Master, Tsinghua University, China
Discussant: ZOU Yige, Ph.D. Candidate, Shanghai University of Finance and Economics, China

 

Parallel Oral Session III-E: Behavioral Insurance (III) (in Chinese)
Time: 14:00-15:40; Venue:Boardroom on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: GUO Zhenhua, Professor, Shanghai University of International Business and Economics, China

14:00-14:25 Research on the Demand of Commercial Pension Insurance in China——Based on CGSS2015 Data
Authors: LI Yantao, Master Student, Chongqing University, China
LI Manman☆, Associate Professor, Chongqing University, China
Discussant: CHEN Xianjie, Ph.D. Candidate, Southwestern University of Finance and Economics, China

14:25-14:50 Health Risk Cognitive Bias and Selection Behaviors of Commercial Health Insurance—Evidences from CHARLS Data Analysis
Authors: CHEN Xianjie☆, Ph.D. Candidate, Southwestern University of Finance and Economics, China
SUN Rong, Professor, Southwestern University of Finance and Economics, China
Discussant: LI Minya, Ph.D. Candidate, Zhongnan University of Economics & Law, China

14:50-15:15 Perception of Distributive Justice, and Subjective Well-being: Testing a Moderated Mediation Model Social Insurance,
Authors: LI Minya☆, Ph.D. Candidate, Zhongnan University of Economics & Law, China
HU Hongbing, Professor, Zhongnan University of Economics & Law, China
Discussant: DENG Jiaxin, Insurance Master Candidate, Fudan University, China

15:15-15:40 Projection Bias and the Demand for Health Insurance
Authors: DENG Jiaxin☆, Insurance Master Candidate, Fudan University, China
Discussant: LI Manman, Associate Professor, Chongqing University, China

Parallel Oral Session III-F: Insurance Economics (III) (in Chinese)
Time: 14:00-15:40; Venue:Yongquan Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: WANG Huali, Associate Professor, Shanxi University of Finance & Economics, China

14:00-14:25 Does Policy-oriented Agricultural Insurance Help to Escape the Poverty Trap?——Based on the Perspective of Marginal Poor Peasants
Authors: XU Tingting☆, Ph.D. Candidate, Southwestern University of Finance and Economics, China
YANG Liang, Southwestern University of Finance and Economics, China
DENG Kai, XI’AN University of Finance and Economics, China
Discussant: HUANG Xinggang, Ph.D. Candidate, Zhongnan University of Economics and Law, China

14:25-14:50 Economic Policy Uncertainty, Shareholding Insurance Companies and Corporate Cash Holdings
Authors: HUANG Xinggang☆, Ph.D. Candidate, Zhongnan University of Economics and Law, China
WU Shuang, Ph.D. Candidate, Zhongnan University of Economics and Law, China
LIU Dongjiao, Professor, Zhongnan University of Economics and Law, China
Discussant: SUI Zhenbiao, Master Candidate, Tongji University, China

14:50-15:15 Research on Investment Structure Optimization of China Insurance Fund Based on Black-Litterman Model
Authors: SUI Zhenbiao☆, Master Candidate, Tongji University, China
WANG Haiyan, Associate Professor, Tongji University, China
Discussant: LI Chang, Tsinghua University, China

15:15-15:40 Welfare Loss in Poverty Identification
Authors: GAO Feng, Associate Professor, Tsinghua University, China
LI Chang☆, Tsinghua University, China
Discussant: XU Tingting, Ph.D. Candidate, Southwestern University of Finance and Economics, China

 

Parallel Oral Session III-G: Property and Liability Insurance (III) (in Chinese)
Time: 14:00-15:40; Venue:Wenjiang Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

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

14:00-14:25 Research on Agricultural Insurance in Agricultural Disaster Risk Security System——Taking Yunnan Province as an example
Authors: WANG Xiang☆, Associate Professor, Yunnan University of Finance and Economics, China
YOU Yang, Postgraduate, Yunnan University of Finance and Economics, China
Discussant: LU Siting, Master, Shanghai University of Finance and Economics, China

14:25-14:50 The Root Cause Analysis of the Underwriting Profit Difference in Automobile Insurance — Analysis both from Supply and Demand
Authors: LU Siting☆, Master, Shanghai University of Finance and Economics, China
SU Fang, Professor, Shanghai University of Finance and Economics, China
Discussant: YANG Yu, Graduate student, Hubei Institute of Economics, China

14:50-15:15 Is Internet Insurance Helpful to Reduce Transaction Costs? A Study Based on the Comparative of "Zhongan Online Property Insurance Company” and "Beibu Gulf Property Insurance Company"
Authors: KONG Yuehong, Associate professor, Hubei Institute of Economics, China
YANG Yu☆, Graduate student, Hubei Institute of Economics, China
Discussant: GUO Shasha, Master Degree Candidate, Shanxi University of Finance & Economics, China

15:15-15:40 An Empirical Analysis of the Influence of Insurance Science and Technology on Consumers' Willingness To Insure-Based on DID model
Authors: WANG Huali, Associate Professor, Shanxi University of Finance & Economics, China
GUO Shasha☆, Master Degree Candidate, Shanxi University of Finance & Economics, China
WU Chenyan, Master Degree Candidate, Shanxi University of Finance & Economics, China
Discussant: WANG Xiang, Associate Professor, Yunnan University of Finance and Economics, China

 

Parallel Oral Session III-H: Property and Liability Insurance (IV) (in Chinese)
Time: 14:00-15:30; Venue:Rongcheng Room I on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: CHEN Bingzheng, Professor, Tsinghua University, China

14:00-14:15 Analysis of the Liability Insurance for Hazardous Chemicals Safety Market & Suggestions on its Development Based on AHP
Authors: WANG Jiaming☆, Central University of Finance and Economics, China
BI Yidan, Central University of Finance and Economics, China

14:15-14:30 Application of Stacking Ensemble Learning in the Claim Frequency Prediction of Auto Insurance
Authors: GUO Hang☆, Southwestern University of Finance and Economics, China
HU Yue, Southwestern University of Finance and Economics, China

14:30-14:45 Research on the Dynamic Relationship among Agricultural Insurance, Agricultural Economy and Market Development—An empirical analysis based on VAR model
Authors: YU Yuanyuan☆, Central University of Finance and Economics, China
GUAN Renyuan, Central University of Finance and Economics, China

14:45-15:00 Liability Risk Analysis and Insurance Design of Online Travel Agency
Authors: CHEN Sixing☆, Central University of Finance and Economics, China
CHEN Chang, Central University of Finance and Economics, China
XU Lan, Central University of Finance and Economics, China
HUANG Xuanzhou, Central University of Finance and Economics, China

15:00-15:15 Analysis on Influencing Factors of Comprehensive Cost Rate in Property Insurance Companies in China-- Empirical Research Based on Quantile Regression
Authors: MU Yujing☆, Center University of Finance and Economics, China

 

15:40-16:00 Coffee/Tea Break
Venue: Outside of meeting rooms on the second and fourth floor of Crowne Plaza Chengdu Wenjiang

16:00-17:30 Parallel Sessions IV- A, B, C, D, E, F, G, H

Parallel Oral Session IV-A: Pension and Social Security (IV) (in English)
Time: 16:00-17:30; Venue:VIP IIon the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: Yayuan REN, Associate Professor, Illinois State University, U.S.

16:00-16:30 De-risking DB Pension or Not? Facts from U.S. Empirical Data
Authors: Ruilin TIAN☆, North Dakota State University, U.S.
Jeffrey (Jun) CHEN, North Dakota State University, U.S.
Limin ZHANG, North Dakota State University, U.S.
Discussant: Xiaobai ZHU, Ph.D. Candidate, University of Waterloo, Canada

 

16:30-17:00 Transition from Defined Benefit Pension to Intergenerational Risk Sharing Plan
Authors: Mary HARDY, Professor, University of Waterloo, Canada
David SAUNDERS, Associate Professor, University of Waterloo, Canada
Xiaobai ZHU☆, Ph.D. Candidate, University of Waterloo, Canada
Discussant: Chen FAN, Ph.D. Candidate, Tsinghua University, China

 

17:00-17:30 the Demand of Annuities and Long Term Care Insurance in China
   Authors: Chen FAN☆, Ph.D. Candidate, Tsinghua University, China
           Mengyi XU, Senior Researcher, University of New South Wales, Australia
           Michael SHERRIS, Professor, University of New South Wales, Australia
Discussant: Ruilin TIAN, North Dakota State University, U.S.

Parallel Oral Session IV-B: Development and Regulation of Insurance Market (III) (in English)
Time: 16:00-17:30; Venue:VIP III on the Second floor of Crowne Plaza Chengdu Wenjiang

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

16:00-16:30 The Effects of Famine Experience on Individual’s Insurance Demand——Empirical Research using Data from China Family Panel Studies
Authors: Hua CHEN, Associate Professor, Central University of Finance and Economics
Xiaoquan WANG☆, Associate Professor, Southwestern University Of Finance and Economics
Yu FANG, Ph.D. Candidate, Temple University
Chu-Shiu LI, Professor, Kaohsiung University of Science and Technology
Mengying GUO, Ping An Property & Casualty Insurance Company of China
Discussant: Praveen GUPTA, Chartered Insurer, India

16:30-17:00 How ESG will change the Physics & Chemistry of Insurance and thereby reinvent itself?
Authors: Praveen GUPTA☆, Chartered Insurer, India
Discussant: ZHANG Xingyu, Central University of Finance and Economics, China

17:00-17:30 Observation of Tax-deductible Health Insurance in China: From the perspective of insurance economics
Authors: FANG Yibo, Central University of Finance and Economics, China
ZHANG Xingyu☆, Central University of Finance and Economics, China
Discussant: Xiaoquan WANG, Associate Professor, Southwestern University Of Finance and Economics

 

Parallel Oral Session IV-C: Life and Health Insurance (III) (in Chinese)
Time: 16:00-17:40; Venue:ChuanFu Room I on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: KONG Yuehong, Associate Professor, Hubei University of Economics, China

16:00-16:25 Research on American Medical Insurance with Government Participation
Authors: YE Qiang☆, Master, Beijing Technology and Business University, China
JI Caihong, Associate Professor, Beijing Technology and Business University, China
Discussant: BAO Yanan, Master Candidate, Zhejiang University of Finance and Economics, China

 

16:25-16:50 Model Risk, Data Quality and Annuity Solvency Assessment
Authors: HU Shiqiang, Associate Professor, Zhejiang University of Finance and Economics, China
BAO Yanan☆, Master Candidate, Zhejiang University of Finance and Economics, China
Discussant: QIN Simin, Postgraduate, Yunnan University of Finance and Economics, China

16:50-17:15 A Study on Investment of Insurance in the Healthy Industrial Chain
Authors: SUN Zhengcheng, Lecturer, Yunnan University of Finance and Economics, China
QIN Simin☆, Postgraduate, Yunnan University of Finance and Economics, China
Discussant: SUN Fuwei, Master Degree Candidate, Hunan University, China

17:15-17:40 A Comparative Study on the Poverty Reduction Effect of Basic Medical Insurance and Commercial Health Insurance:Evidence from China
Authors: CHEN Dihong, Professor, Hunan University, China
SUN Fuwei☆, Master Degree Candidate, Hunan University, China
Discussant: YE Qiang, Master, Beijing Technology and Business University, China

Parallel Oral Session IV-D: Property and Liability Insurance (IV) (in Chinese)
Time: 16:00-17:30; Venue:ChuanFu Room II on the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: MA Benjiang, Professor, Central South University, China

16:00-16:25 Evaluation on the Development Efficiency of China's Agricultural Insurance Market:From the Perspective of Enterprises
Authors: LIU Suchun, Professor, Shandong University of Finance and Economics, China
LIU Xinyi☆, Postgraduate, Shandong University of Finance and Economics, China
Discussant: MA li, Master Degree Candidate, Guizhou University of Finance and Economics, China

16:25-16:50 The Efficiency and Regional Differences of Agricultural Insurance In China-Based on Three-stage DEA and Tobit Model
Authors: MA li☆, Master, Degree Candidate, Guizhou University of Finance and Economics, China
MA Shaodong, Associate Professor, Guizhou University of Finance and Economics, China
Discussant: PENG Zhongxing, Master Degree Candidate, Shanxi University of Financial specialty, China

16:50-17:15 Research on Insurance Rate for Potential Defects of Residential Engineering Quality
Authors: WANG Huali, Associate Professor, Shanxi University of Finance & Economics, China
PENG Zhongxing☆, Master Degree Candidate, Shanxi University of Financial specialty, China
Discussant: HAO Yilin, Undergraduate, Central University of Finance and Economics, China

17:15-17:40 Personal Property Insurance Consumption Decision Model under the Impulse of Technology—Based on Prospect Theory and TOPSIS Multi-Attribute Decision Making Method
Authors: HAO Yilin☆, Undergraduate, Central University of Finance and Economics, China
Discussant: LIU Xinyi, Postgraduate, Shandong University of Finance and Economics, China

Parallel Oral Session IV-E: Development and Regulation of Insurance Market (IV) (in Chinese)
Time: 16:00-17:30; Venue:Boardroom on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: WANG Haiyan, Associate Professor, Tongji University, China

16:00-16:25 Level of Insurance Development:A New Evaluation Method for Measuring the Development Level of Insurance Industry
Authors: KOU Yefu, Professor, Central University of Finance and Economics, China
CHENG Mingyuan☆, Master Degree Candidate, Central University of Finance and Economics, China
Discussant: SHI Yang, Postgraduate, Hubei University of Economics, China

16:25-16:50 Research on the Influence of IFRS9 on the Profit of Insurance Company:An Analysis Based on 2018 Annual Report of Pingan Insurance Group of China
Authors: KONG Yuehong, Associate Professor, Hubei University of Economics, China
SHI Yang☆, Postgraduate, Hubei University of Economics, China
Discussant: CHENG Xiang, Master Degree. Candidate, Beijing Technology and Business University, China

16:50-17:15 Research on the Construction of China’ Organic Agricultural Products Quality Bond Insurance System
Authors: XU Minmin, Associate Professor, Beijing Technology and Business University, China
CHENG Xiang☆, Master Degree. Candidate, Beijing Technology and Business University, China
Discussant: HU Jingning, Master candidate, Beijing Technology and Business University, China

17:15-17:40 Research on the Development of China’s Insurance Intermediary in the Internet Era
Authors: HU Jingning☆, Master candidate, Beijing Technology and Business University, China
JI Caihong, Associate Professor, Beijing Technology and Business University, China
Discussant: CHENG Mingyuan, Master Degree Candidate, Central University of Finance and Economics, China

 

Parallel Oral Session IV-F: Actuarial Science (VII) (in Chinese)
Time: 16:00-17:30; Venue:Yongquan Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: ZHENG Haitao, Associate Professor, Beihang University, China

16:00-16:25 A Study on Typhoon Catastrophe Model and Insurance Pricing: Estimating Location-based premiums in Shanghai
Authors: Xinyu ZHOU☆, Master Candidate, Tongji University, China
Haiyan WANG, Associate Professor, Tongji University, China
Discussant: ZHAO Yuxin, Graduate, Southwestern University of Finance and Economics, China

16:25-16:50 Research on Variables Processing under Claim Frequency Prediction
Authors: ZHAO Yuxin☆, Graduate, Southwestern University of Finance and Economics, China
LV Xiuping, Professor, Hebei University of Economics and Business, China
Discussant: HUANG Wenrui, Master Degree Candidate, Guizhou University of Finance and Economics, China

16:50-17:15 The Influence of Income Growth on the Premium Income of Commercial Endowment Insurance under the Aging Background
Authors: HUANG Wenrui☆, Master Degree Candidate, Guizhou University of Finance and Economics, China
MA Shaodong, Associate Professor, Guizhou University of Finance and Economics, China
Discussant: LI Huiyao, Master candidate, Fudan University, China

17:15-17:40 Research on the Impact and Trend of Deregulation in Motor Insurance market
Authors: LI Huiyao☆, Master candidate, Fudan University, China
Discussant: Xinyu ZHOU, Master Candidate, Tongji University, China

 

Parallel Oral Session IV-G: Property and Liability Insurance (V) (in Chinese)
Time: 16:00-17:30; Venue:Wenjiang Room on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: SUN Rong, Professor, Southwestern University of Finance and Economics, China

16:00-16:15 Probability Prediction of Auto Insurance Claim Based on Machine Learning Algorithm
Authors: GONG Liuliu☆, Postgraduate student, Southwestern University of Finance and Economics, China

16:15-16:30 Research on the Demand of Agricultural Insurance for New Agricultural Business Subjects
Authors: QIAO Huimiao☆, Graduate Student, Shandong University of Finance and Economics, China
ZHI Didi, Graduate Student, Shandong University of Finance and Economics, China

16:30-16:45 Agricultural Income Insurance Contract on Controlling Moral Hazard
Authors: TIAN Ze☆, Central University of Finance and Economics, China
XU Jinxuan, Central University of Finance and Economics, China

16:45-17:00 Analysis of the Effect of Agricultural Insurance in China on Precision Poverty Alleviation Mechanism
Authors: YANG Huimin☆, Master, Shanxi University of Finance and Economics, China

17:00-17:15 The Interaction of Agricultural Economic Growth, Policy-supported Agricultural Insurance and Rural Residents' Income—— Empirical Study Based on FAVAR Model
Authors: CHEN Tianjiao☆, Central University of Finance and Economics, China

 

Parallel Oral Session IV-H: Property and Liability Insurance (VI) (in Chinese)
Time: 16:00-17:30; Venue:Rongcheng Room I on the fourth floor of Crowne Plaza Chengdu Wenjiang

Moderator: ZHANG Yuehua, Professor, Zhejiang University, China

16:00-16:15 Analysis on the Spatial Effect of Insurance Industry on Regional Economic Development—an Empirical Analysis Based on Spatial Measurement
Authors: GUO Yijing☆, Central University of Finance and Economics, China
LIU Zijia, Central University of Finance and Economics, China

16:15-16:30 Empirical Analysis on the Selection and Optimization of Life Insurance Company's Duration Model of Asset-Liability Management—based on the Yield of 10-year China Treasury
Authors: WANG Zishen☆, Central University of Finance and Economics, China
WANG Dongsheng, Central University of Finance and Economics, China

16:30-16:45 An Empirical Study on the Relationship between Insurance and Macro-economy — Based on the Data over the 1980–2017 period in China
Authors: DENG Xiuying☆, Center University of Finance and Economics, China

16:45-17:00 Investigation on the Cooperation between Hospitals and Insurance Companies with Value-Based Healthcare
Authors: YAN Yuhao☆, Central University of Finance and Economics, China
ZHANG Haochen, Central University of Finance and Economics, China

17:00-17:15 Insurance Application of Biological Age Based on Block Chain and Internet of Things
Authors: LI Songlin☆, Central University of Finance and Economics, China

17:15-17:30 Innovation of Insurance Marketing System in China —Social Insurance Based on Insurance Salesmen
Authors: OU Zhanliang☆, Central University of Finance and Economics, China

 

Saturday, July 20th


Industry Forum:Accelerate the Innovation and Development of Health Insurance Industry
to Fulfill the Success of Healthy China Strategy

08:30-10:00 Plenary Session 5
Venue: Grand Ballroom Ⅲon the Second floor of Crowne Plaza Chengdu Wenjiang

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

08:30-09:00 Developing Commercial Health Insurance to Help the Construction of Healthy China
Speaker: DONG Bo, President, Insurance Institute of China, China

09:00-9:30 Commercial Health Insurance, Think Again in the Tail Wind
Speaker: SUN Peijian, Chairman, CPIC Allianz Health Insurance Co., Ltd., China

09:30-10:00 Some Thoughts and Practical Experiences on Health Insurance Operation by Life Insurance Companies
Speaker: LI Ping, President, Founder Meiji Yasuda Life Insurance Co., Ltd., China
.
10:00-10:20 Coffee/Tea Break
Venue: Outside of Grand Ballroom Ⅲon the Second floor of Crowne Plaza Chengdu Wenjiang

 

10:20-11:50 Plenary Session 6
Venue: Grand Ballroom Ⅲon the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: TUO Guozhu, Professor, Capital University of Economics and Business, China
10:20-10:50
Speaker: WU Liping, Vice President, PICC Health Insurance Co. Ltd., China

10:50-11:20 Risk Management Based on Data and AI for Personal Accident and Health Insurance
Speaker: LI Hongxiang, Co-founder & CEO, Date Insurance Brokers Limited, China

11:20-12:20 Panel Discussion
Venue: Grand Ballroom Ⅲon the Second floor of Crowne Plaza Chengdu Wenjiang

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

Discussants:
DONG Bo, President, Insurance Institute of China, China
SUN Peijian, Chairman, CPIC Allianz Health Insurance Co., Ltd., China
LI Ping, President, Founder Meiji Yasuda Life Insurance Co., Ltd., China
WU Liping, Vice President, PICC Health Insurance Co. Ltd., China
LI Hongxiang, Co-founder & CEO, Date Insurance Brokers Limited, China
ZHOU Hu, Secretary General, Insurance Society of Sichuan, China

12:20-12:30 Closing Venue: Grand Ballroom Ⅲon the Second floor of Crowne Plaza Chengdu Wenjiang

Moderator: CHEN Bingzheng, Professor, Tsinghua University, China

12:30-14:00 Buffet Lunch
Venue:Wen Cafe on the first floor of Crowne Plaza Chengdu Wenjiang