Research Focus
The team bundles key topics that will shape the future of insurance. Our approach is holistic, combining both theoretical and empirical methodologies to deliver the most adequate solution for each research question that we address. We explicitly consider concepts beyond the classical insurance industry to tackle modern risk management challenges with a major societal impact. Therefore, we work at the interface between capital markets, insurance markets and technology. Currently, our research/teaching activities encompass the following areas:
Research Lead
Prof. Dr. Alexander Braun
Selected Publications
Market-Consistent Valuation of Natural Catastrophe Risk, Journal of Banking and Finance, Vol. 134 (2022), 106350. (with S. Beer)
VHB 3.0: A | WU: A | ABCD: A* | SJR (2020): Q1
Consumption-Based Asset Pricing in Insurance Markets: Yet Another Puzzle?, Journal of Risk and Insurance, Vol. 86 (2019), No. 3, 629-661. (with D. Luca and H. Schmeiser)
Top 20 Most Read Paper in the Journal of Risk and Insurance 2017/2018
VHB 3.0: A | WU: A | ABCD: A | SJR (2020): Q1
Asset Pricing and Extreme Event Risk: Common Factors in ILS Fund Returns, Journal of Banking and Finance, Vol. 102 (2019), 59-78. (with S. Ben Ammar and M. Eling)
Runner Up SCOR-EGRIE Young Economist Best Paper Award 2016
VHB 3.0: A | WU: A | ABCD: A* | SJR (2020): Q1
Portfolio Optimization Under Solvency II: Implicit Constraints Imposed by the Market Risk Standard Formula, Journal of Risk and Insurance, Vol. 84 (2017), No. 1, 177-207. (with F. Schreiber and H. Schmeiser)
VHB 3.0: A | WU: A | ABCD: A | SJR (2020): Q1
Pricing in the Primary Market for Cat Bonds: New Empirical Evidence, Journal of Risk and Insurance, Vol. 83 (2016), No. 4, 811-847.
Harold Skipper Award 2013 | CAS ARIA Best Paper Award 2017
VHB 3.0: A | WU: A | ABCD: A | SJR (2020): Q1
On Consumer Preferences and the Willingness to Pay for Term Life Insurance, European Journal of Operational Research, Vol. 253 (2016), No. 3, 761-776. (with F. Schreiber and H. Schmeiser)
VHB 3.0: A | WU: A | ABCD: A* | SJR (2020): Q1
Stock vs. Mutual Insurers: Who Should and Who Does Charge More?, European Journal of Operational Research, Vol. 242 (2015), No. 3, 875-889. (with P. Rymaszewski and H. Schmeiser)
VHB 3.0: A | WU: A | ABCD: A* | SJR (2020): Q1
The Impact of Private Equity on a Life Insurer’s Capital Charges under Solvency II and the SST, Journal of Risk and Insurance, Vol. 81 (2014), No. 1, 113-158. (with H. Schmeiser and C. Siegel)
VHB 3.0: A | WU: A | ABCD: A | SJR (2020): Q1
Performance and Risks of Open-End Life Settlement Funds, Journal of Risk and Insurance, Vol. 79 (2012), No. 1, 193-229. (with N. Gatzert and H. Schmeiser)
Dr. Hans Kessler Best Paper Award 2012
VHB 3.0: A | WU: A | ABCD: A | SJR (2020): Q1