Special aspects of insurance economics (Summer)

Assistant

Dr. Matthias Börger

Amount

Masterseminar 2/0 SWS

Dates

This seminar takes place as a block seminar. The attendance at all seminar dates is required.

Dates: tba

room: tba

Content

In this seminar, we are going to focus on some topics in life insurance. We are specifically mortality and longevity risk. The seminar is based on scientific papers that summarize recent results in this area.

Assistant

Dr. Matthias Börger

Amount

Masterseminar 2/0 SWS

Registration

Seminar seats will be allocated by the new, web-based software for all economics institutes in Ulm. Please sign-up and then log-in with your Ulm University email address here:

www.econulm.de/semapps/stud_en/ (English version)

www.econulm.de/semapps/stud_de/ (German version)

You can enter there your preferences over seminars from 21.01.2017 to 29.01.2017.

Target group

The seminar is suitable for Master students in Wirtschaftsmathematik or Wirtschafts-wissenschaften or finance. Previous knowledge in Personenversicherungsmathematik, Insurance Economics and Finanzmathematik 1 are helpful. 

Dates

This seminar takes place as a block seminar. The attendance at all seminar dates is required.

Dates: tba

room: tba

Seminar performance

The seminar performance consists of three parts:

  • A seminar presentation about a selected topic with a presentation of the results and some application examples and the moderation of the following discussion. Duration of the presentation: 90 minutes (including discussion). The topics of the presentations are generally assigned to groups of participants. 
    The presentation is a performance of the whole group.
  • A written formulation of the presentation documents as a support for the participants of a maximum length of three pages. 
    Delivery of the presentation documents: at least one week before the presentation via e-mail to an.chen(at)uni-ulm.de. The creation of the presentation documents is a performance of the whole group.

  • Active participation in this seminar.

Possible Topics

  1. Missov, Lenart, Nemeth, Canudas-Romo, Vaupel: The Compertz force of mortalityin terms of the modal age at death (Demographic Research, 32: 1031-1048, 2015)
  2. Avraam, de Magalhaes, Vasiev: A mathematical model of mortality dynamics across the lifespan combining heterogeneity and stochastic effects (Experimental Gerontology, 48: 801-811, 2013)
  3. de Jong, Tickle, Xu: Coherent modeling of male and female mortality using Lee-Carter in a complex number framework (IME, 71: 130-137, 2016)
  4. Fleischmann: Calibrating intensities for long-term care multiple-state Markov insurance model (EuAJ, 5: 327-354, 2015)
  5. Arnold-Gaille, Sherris: International cause-specific mortality rates: New insights from a cointegration analysis (ASTIN Bulletin, 46: 9-38, 2016)
  6. Barsotti, Milhaud, Salhi: Lapse risk in life insurance: Correlation and contagion effects among policyholders‘ behaviors (IME, 71: 317-331, 2016)
  7. Huang, Milevsky: Spending Retirement on Planet Vulcan: The Impact of Longevity Risk Aversion on Optimal Withdrawal Rates, (Financial Analyst Journal, 67(2), 45-58, March/April 2011).
  8. Olivieri, Pitacco: Stochastic mortality: The impact on target capital, (ASTIN Bulletin, 39(2), 541-563, 2009).