Working Paper Series
Enhancing Gradient Capital Allocation with Orthogonal Convexity Scenarios
Philipp Aigner & Sebastian Schlütter
Responsible investments in life insurers’ optimal portfolios under solvency constraints
Sebastian Schlütter, Emmanuel S. Fianu, Helmut Gründl
published in: Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 112, Iss. 1, pp. 53–81 (2023).
Matching and Sorting across Regions
Chiara Lacava
Investor-Driven Corporate Finance: Evidence from Insurance Markets
Christian Kubitza
Life Insurance Convexity
Christian Kubitza, Nicolaus Grochola, Helmut Gründl
The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
Nicola Fuchs-Schündeln, Dirk Krueger, Andre Kurmann, Etienne Lale, Alexander Ludwig, Irina Popova
Asset Concentration Risk and Insurance Solvency Regulation
Fabian Regele, Helmut Gründl
Exploring the market risk profiles of U.S. and European life insurers
Nicolaus Grochola, Mark Browne, Helmut Gründl, Sebastian Schlütter
Who Saves More, the Naive or the Sophisticated Agent
Alexander Ludwig, Max Groneck, Alexander Zimper
The Long-Term Distributional and Welfare Effects of Covid-19 School Closures
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig, Irina Popova
published in: The Economic Journal, Vol. 12 No. 645, pp. 1647-1683 (2022)
Higher-Order Income Risk Over the Business Cycle
Alexander Ludwig, Christopher Busch
Optimal Lifecycle Portfolio Choice with Natural Tontines under Systematic Longevity Risk
Irina Gemmo, Ralph Rogalla, Jan-Hendrik Weinert
published in: Annals of Actuarial Science, Vol. 14 No. 2, pp. 302-315 (2020)
Financial Literacy and Precautionary Insurance
Christian Kubitza
Sensitivity-implied tail-correlation matrices
Joachim Paulusch, Sebastian Schlütter
published in: Journal of Banking & Finance, Vol. 134 (2022)
Constrained Efficient Equilibria in Selection Markets With Continuous Types
Irina Gemmo, Christian Kubitza, Casey Rothschild
published in: Journal of Public Economics, Vol. 190 (2020)
The Pitfalls of Central Clearing in the Presence of Systematic Risk
Christian Kubitza, Loriana Pelizzon, Mila Getmansky Sherman
Insurance Business Diversification and Systemic Risk
Fabian Regele
published in: Journal of Insurance Regulation, Vol. 41 (2022)
Rising Interest Rates and Liquidity Risk in the Life Insurance Sector
Elia Berdin, Helmut Gründl, Christian Kubitza
Scenario-based Measurement of Interest Rate Risks
Sebastian Schlütter
published in: Journal of Risk Finance, Vol. 22 No. 1, pp. 56-77 (2021)
Corporate Governance of Insurance Firms after Sovency II
Michele Siri
published in: Marano, P., Siri, M. (eds) Insurance Regulation in the European Union. Palgrave Macmillan, Cham, pp. 129–177 (2017)
The Fair Surrender Value of a Tontine
Jan-Hendrik Weinert
Privacy Concerns in Insurance Markets: Implications for Market Equilibria and Social Welfare
Irina Gemmo, Mark Browne, Helmut Gründl
Life Insurance and Demographic Change: An Empirical Analysis of Surrender Decisions Based on Panel Data
Irina Gemmo, Martin Goetz
The Modern Tontine: An Innovative Instrument for Longevity Risk Management in an Aging Society
Jan-Hendrik Weinert, Helmut Gründl
published in: European Acturial Journal, Vol. 11, pp. 49-86 (2021)
A Stochastic Forward-Looking Model to Assess the Profitability and Solvency of European Insurers
Elia Berdin, Cosimo Pancaro (ECB), Christoffer Kok (ECB)
Tackling the Volatility Paradox: Persistence and Systemic Risk
Christian Kubitza
Insurance Activities and Systemic Risk
Elia Berdin, Matteo Sottocornola