The workshop aims to provide a forum for discussing current research in insurance economics and finance related to the evolving business models of insurers, their interactions with financial markets, and the industry’s response to regulatory developments. Research papers and policy panels will focus on ongoing work and key lessons learned to foster a robust discussion on the role of insurance in the broader financial system and its implications for financial stability.
| 08:30 | Registration and welcome coffee |
| 08:45–09:00 | Welcome remarks |
| 09:00–10:00 Authors Discussants | Paper 1: Strategic Claim Payment Delays? Evidence from Property and Casualty Insurance Anastasia Kartasheva (University of St Gallen and Swiss Finance Institute), Chotibhak Jotikasthira (SMU), Christian Lundblad (UNC), Tarun Ramadorai (Imperial) Frank Packer (BIS) |
| 10:00–10:30 | Coffee break, 1st floor foyer |
| 10:30–11:30 Authors Discussants | Paper 2: Life insurers’ role in the intermediation chain of public and private credit to risky firms Nathan Foley -Fischer (Federal Reserve Board), Sydney Carlino, Nathan Heinrich, and Stéphane Verani (Federal Reserve Board) Christian Kubitza (European Central Bank) |
| 11:30–12:30 Authors Discussants | Paper 3: Systemic risk of systemically important financial institutions in the post-2008 global financial crisis era: a tail risk network analysis Tao Sun (Lingnan University) Matteo Aquilina (BIS) |
| 12:30–14:00 | Lunch |
| 14:00–15:00 Authors Discussants | Paper 4: Credit risk, sectoral losses and systemic risk of UK life insurers David Humphry (Bank of England), Somnath Chatterjee (Bank of England) Fabian Garavito (Financial Conduct Authority, U.K.) |
| 15:00–16:00 Authors Discussants | Paper 5: The evolution of insurance product markets: capital regulation and insurance provision Alexandru Barbu (INSEAD), Ishita Sen (HBS) Alessandro Fontana (EIOPA) |
| 16:00–16:30 | Coffee break, 1st floor foyer |
| 16:30–17:45 Moderator Panellists | Policy panel: What are the key policy issues? Gaston Gelos (BIS) Anna Maria D’Hulster (Athora Holding, Ltd.) Jerome Haegeli (Swiss Re) Romain Paserot (IAIS) Nobuyasu Sugimoto (IMF) |
| 18:30–21:00 | Dinner, by invitation |