Workshop « Fair Valuation in Insurance », March 21-22, 2019

March 21, 2019

March 22, 2019

Thursday 21 March 2019 : 10h00 - 17h00 and Friday 22 March 2019 : 9h00 - 12h20

120 Euros (single rate, including the lunch on Thursday)



Workshop « Fair Valuation in Insurance » on March 21 and 22, 2019

in the Framework of "Risk Management and Pricing in Finance and Insurance" (FNRS PDR ULB-UCLouvain), with the support of IABE

ULB - Campus Plaine – Bâtiment NO – 5e étage – Salle Solvay

120 Euros (single rate, including the lunch on Thursday)

Obligatory by online Form - Deadline : March 12,  thank You. Find here the link to the Registration Form


Thursday 21 March 2019

  • 10h00 – 10h20 : Registration
  • 10h20 – 10h30 : Welcome
  • 10h30 – 11h20 : "Optimal portfolio choice in incomplete markets" by Antoon Pelsser, Maastricht University, the Netherlands
  • 11h20 – 11h50 : "Valuation of hybrid financial and actuarial products: a universal 3-step method" by Peter Hieber, Technical University Munich, Germany
11h50 – 13h50 : Lunch
  • 13h50 – 14h40: "An exact utility indifference valuation method for incomplete markets" by Michel Vellekoop, Universiteit van Amsterdam, the Netherlands
  • 14h40 – 15h10: "Optimal retirement products: annuity, tontine, tonuity, antine?" by Manuel Rach, University of Ulm, Germany
15h10 – 15h40: Coffee Break
  • 15h40 – 16h30: "The impact of longevity risk and contractual heterogeneity on the fair valuation of a life insurance portfolio by Anna Rita Bacinello, University of Trieste, Italy
  • 16h30 – 17h00: "Guarantee valuation in notional defined contribution pension systems" by Jenifer Alonso Garcia, University of Groningen, the Netherlands

Friday 22 March 2019

  • 09h00 – 09h50 : "Market inconsistencies of the market-consistent European life insurance economic valuations: pitfalls and practical solutions" by Stéphane Loisel, ISFA, Université Lyon 1, France
  • 09h50 – 10h20 : "Fair dynamic valuation of insurance liabilities: Merging actuarial judgement with market- and time-consistency" by Karim Barigou, KU Leuven, Belgium
10h20 – 10h50 : Coffee Break
  • 10h50 – 11h40 : "Life made simpler: From policy holder behaviour to multi-state forward transition rates" by Mogens Steffensen, University of Copenhagen, Denmark
  • 11h40 – 12h10 : "Optimal successive annuitisations after retirement" by Roberta Melis, University of Sassari, Italy
12h10 – 12h20: Closing


Information for the IA|BE members:
first day = 4 CPD points
second day = 2.75 CPD points
Categories Events: 
Acces ULB Campus de la Plaine