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