The Ulm-Fudan symposium takes places every 2 years. This year it's again Ulm's turn and we are very glad to welcome our Chinese guests from Fudan University.

Fudan University, located in Shanghai, is one of the most prestigious and selective universities in China. According to QS World University Rankings it is number 44 worldwide and 3rd among Chinese universities. It is a C9 League university and a Chinese Ministry of Education Class A Double First Class University. Its institutional predecessor was founded in 1905, shortly before the end of China's imperial Qing dynasty. The two Chinese characters that make up the name of the university are taken from Confucian philosophy and mean “heavenly light shines day after day” – an indication of the school’s high ideals and aspirations.

Therefore the Ulm University is proud to have an excellent exchange programme with the Fudan University. This double degree programme enables Chinese Students to achieve a master in economics or a master in insurance in Ulm, while German students have the possibility to obtain a master in world economics in Shanghai.

Time schedule

The 25th June is the presentation day. The event will take place in the Villa Eberhardt. On this day researchers from both universities will present their latest work on current topics from finance, insurance and financial mathematics.

The time table looks as follows:

09:00 - 09:10Martin Müller
Welcome speech
09:10 - 09:45Hongzhong Liu

Financial crisis, central bank's asset structure and the trends of exchange rates
09:45 - 10:20Gunter Löffler
How does the value premium vary with the attention that value receives?
10:20 - 10:55Xian Xu
InsurTech development: evidence from Chinese media reports
10:55 - 11:20Coffee break
11:20 - 11:55An Chen
Optimal asset allocation under reference-based preferences
11:55 - 12:30Yufei Cao
Systematic risk analysis of the real estate market of China
12:30 - 14:00Lunch
14:00 - 14:35Ahmet Ali Taskin
Competition between arm's length and relational lenders: Who wins the contest?
14:35 - 15:10Qing Yang
Modelling underwriting risk of liability: a copula regression analysis on U.S. property-casualty insurance byline loss ratios
15:10 - 15:45Evgeny Spodarev
Heavy tailed stochastic processes with long memory
15:45 - 16:10Coffee break
16:10 - 16:55Yusha Chen
Optimal decision analysis of Chinese enterprise annuity under tax deferral policy
16:55 - 17:20Thorsten Sehner
Valuation of long-term care options in life annuity priducts: an analysis based on data from Switzerland