NATIONAL BUREAU OF ECONOMIC
RESEARCH, INC. |
|
Insurance Project Workshop |
|
Kenneth Froot and Howard
Kunreuther, Organizers |
|
May 8, 2008 |
|
NBER |
|
|
|
PRELIMINARY PROGRAM |
WEDNESDAY, MAY 7: |
|
|
|
6:30 pm |
Group Dinner |
|
|
|
|
|
|
|
|
|
|
THURSDAY,
MAY 8: |
|
|
|
8:00 am |
Shuttle
Vans Depart The Royal Sonesta Hotel for |
|
|
8:15 am |
Continental
Breakfast |
|
|
8:45 am |
Introductions |
|
|
9:00 am |
JOHN
MAJOR, Guy Carpenter & Company, Inc. |
|
On a
Connection between Froot-Stein and the de Finetti Optimal Dividends Models
(presentation slides) |
|
|
|
Discussant: KENNETH FROOT, |
|
|
9:50 am |
THOMAS
DAVIDOFF, UC, Berkeley |
|
Illiquid
Housing as Self-Insurance: the Case of Long Term Care (presentation
slides) |
|
|
|
Discussant: DAVID MOSS, |
|
|
10:40
am |
Break |
|
|
10:55
am |
DWIGHT
JAFFE, UC, Berkeley |
|
HOWARD
KUNREUTHER, |
|
ERWANN
MICHEL KERJAN, |
|
The Development
of Long Term Insurance (LTI) To Address Catastrophe Insurance Market Failure
(presentation slides) |
|
|
|
Discussant: ROBERT SHILLER, |
|
|
11:45
am |
NEIL
DOHERTY and ANASTASIA KARTASHEVA, |
|
|
|
RICHARD
PHILLIPS, |
|
Competition
among Rating Agencies and Information Disclosure (presentation
slides) |
|
|
|
Discussant: CHRISTOPHER LEWIS, The Hartford Financial
Services Group (discussion slides) |
|
|
12:35
pm |
Lunch |
|
Talk by
|
|
The Current State of |
|
|
|
|
1:35 pm |
ROBERT
KLEIN and |
|
The Perfect
Storm: Hurricanes, Insurance and Regulation (presentation
slides) |
|
|
|
Discussant: RICHARD THOMAS, American International
Group (discussion slides) |
|
|
2:25 pm |
Break |
|
|
2:40 pm |
PAUL
RASCHKY, |
|
Natural
Hazards, Growth and Risk Transfer: An Empirical Comparison between
Risk-Transfer-Mechanisms in Europe and USA (presentation
slides) |
|
|
|
Discussant: JEFFREY BROWN, |
|
|
3:30 pm |
CHRISTIAN
LAUX, |
|
ALEX
MUERMANN, |
|
Financing Risk Transfer under Governance
Problems: Mutual versus Stock Insurers
(presentation slides) |
|
|
|
Discussant: KEITH CROCKER, |
|
|
4:20 pm |
Adjourn |
|
|
|
|
5/14/08 |
|