Prof. Dr. Nadine Gatzert

Suche


 

NG

Prof. Dr. Nadine Gatzert

Chair of Insurance Economics and Risk Management / Inhaberin des Lehrstuhls für Versicherungswirtschaft und Risikomanagement

Address


Phone:
Room:
E-Mail:
Office hours:

Lange Gasse 20
D-90403 Nürnberg

+49 (0) 911 5302 884
6.234
nadine.gatzert{at}fau.de
on appointment

 

 

 

 

 

 

 

 

 

 

 

Curriculum Vitae (academic)

  • 1979 born in Stuttgart
  • 1999 Abitur in Stuttgart
  • 1999-2005 Diploma studies in Mathematics and Economics (Wirtschaftsmathematik) at the University of Ulm with focus on Mathematical Finance and Actuarial Science (Dipl.-Math. oec.)
  • 2003-2004 Ph.D.-Program in Applied Mathematics at the University of Southern California, Los Angeles, USA; Master of Science in Mathematical Finance (M.Sc.)
  • 2005-2007 Project manager and research assistant at the Institute of Insurance Economics, University of St. Gallen; 2007 doctoral degree (Dr. oec. (HSG)) at the University of St. Gallen; Title of dissertation: "Implicit Options in Life Insurance: Valuation and Risk Assessment"
  • 2007-2009 Habilitation and project manager at the Institute of Insurance Economics, University of St. Gallen, 2009 Habilitation in Business Administration and appointment to "Privatdozentin an der Universität St. Gallen"
  • 2008/2009 Qualified Actuary of the German Actuarial Association (Aktuarin (DAV))
  • 2008 Offer of a Chair (W3) of Business Administration with focus on Financial Services at the Justus-Liebig-University of Giessen
  • 2009 Offer of a Chair (W3) of Insurance Economics (Versicherungswirtschaft) at the Friedrich-Alexander-University of Erlangen-Nuremberg
  • Since 8/2009 Chair of Insurance Economics and Risk Management at the Friedrich-Alexander-University of Erlangen-Nuremberg
  • Since 2009 Member of the Board of Directors (since 2010 Chair of the Board) of Forum V, Northern Bavarian Institute of Insurance Science and Practice at the Friedrich-Alexander-University of Erlangen-Nuremberg
  • Since 10/2012 Dean of Research, School of Business and Economics, FAU
  • Since 3/2013 Member of the Board of Directors of the German Insurance Science Association

Research Fields

  • (Life) Insurance Mathematics
  • Alternative Risk Transfer
  • Valuation and Management of Financial Guarantees
  • Enterprise Risk Management
  • Measuring and Managing Reputation Risk
  • Regulation and Solvency Assessment
  • Asset Management under Solvency II

Academic Awards

  • 2014 SCOR/EGRIE Young Economist Best Paper Award 2014 at the 41st Annual Seminar of the European Group of Risk and Insurance Economists (EGRIE) in St. Gallen for the paper "Convergence of Capital and Insurance Markets: Consistent Pricing of Index-Linked Catastrophic Loss Instruments" (with S. Pokutta, N. Vogl)
  • 2014 Highly Commended Paper Award for 2013 (Journal of Risk Finance, Literati Network Awards for Excellence) for the paper "On the Relevance of Premium Payment Schemes for the Performance of Mutual Funds with Investment Guarantees"
  • 2013 Shin Research Excellence Award of the International Insurance Society (IIS) and The Geneva Association for the paper "Fair Valuation and Risk Assessment of Dynamic Hybrid Products in Life Insurance: A Portfolio Consideration" (with A. Bohnert)
  • 2013 Outstanding Paper Award (Journal of Risk Finance, Literati Network Awards for Excellence) for the paper "The Merits of Pooling Claims Revisited" (with H. Schmeiser)
  • 2013 Nominated for the SCOR/IDEI/Dauphine Annual Award for the Best Paper presented by a young economist at the annual seminar of the European Group of Risk and Insurance Economists in September 2013 in Paris for the paper “Valuation and Risk Assessment of Participating Life Insurance in the Presence of Credit Risk” (with M. Martin)
  • 2012 Early Career Scholarly Achievement Award of the American Risk and Insurance Association (ARIA)
  • 2011 Risk Management & Insurance Review Best Perspective Article Award 2010 of the American Risk and Insurance Association (ARIA) for the paper "The Secondary Market for Life Insurance in the U.K., Germany, and the U.S.: Comparison and Overview", in: Risk Management & Insurance Review, Vol. 13, No. 2, pp.279-301
  • 2010 Dr. Hans Kessler Price 2009 of the University of St. Gallen for the best research paper entitled "The Impact of the Secondary Market on Life Insurers’ Surrender Profits", published in the Journal of Risk and Insurance (with G. Hoermann, H. Schmeiser)
  • 2009 Dr. Hans Kessler Price 2008 of the University of St. Gallen for the best research paper entitled "Combining Fair Pricing and Capital Requirements for Non-Life Insurance Companies", published in the Journal of Banking & Finance (with H. Schmeiser)
  • 2008 Nominated for the SCOR/IDEI/Dauphine Annual Award for the Best Paper presented by a young economist at the annual seminar of the European Group of Risk and Insurance Economists in September 2008 in Toulouse for the paper “The Impact of the Secondary Market on Life Insurers’ Surrender Profits” (with G. Hoermann and H. Schmeiser)
  • 2007 Ernst Meyer Price of the International Association for the Study of Insurance Economics (The Geneva Association) for the doctoral thesis

Professional and Editorial Board Services

  • Dean of Research, School of Business and Economics at the Friedrich-Alexander-University of Erlangen-Nuremberg (since 10/2012)
  • Board of Directors of the German Insurance Science Association (since 3/2013)
  • Board of Directors (since 2009) and Chair of the Board of Directors (since 11/2010) of Forum V, Northern Bavarian Institute of Insurance Science and Practice at the Friedrich-Alexander-University of Erlangen-Nuremberg
  • Associate Editor, Geneva Risk and Insurance Review
  • Associate Editor, Risk Management & Insurance Review
  • Editorial Board, Risks
  • International Editorial Board, Insurance and Risk Management (HEC Montreal)

Selected Publications and Current Working Papers

Current working papers

  • Risks and Risk Management of Renewable Energy Projects: The Case of Onshore and Offshore Wind Parks (2014) (with T. Kosub)
  • Assessing Inflation Risk in Non-Life Insurance (2014) (with A. Bohnert and A. Kolb)
  • The Impact of Disability Insurance on a Portfolio of Life Insurances (2014) [pdf] (with A. Maegebier)
  • Convergence of Capital and Insurance Markets: Consistent Pricing of Index-Linked Catastrophic Loss Instruments (2013) [pdf] (with N. Vogl and S. Pokutta)
  • Valuation and Risk Assessment of Participating Life Insurance in the Presence of Credit Risk (2013) [pdf] (with M. Martin)

Monographs

  • Implicit Options in Life Insurance: Valuation and Risk Assessment, Dissertationsschrift Universität St. Gallen, 2007.
  • Volkswirtschaftliche Implikationen des Swiss Solvency Tests, I.VW Schriftenreihe Band 48, 103 S., St. Gallen 2006 (with H. Schmeiser, M. Eling, S. Schuckmann, D. Toplek).

Peer-reviewed publications

  • On the Management of Life Insurance Company Risk by Strategic Choice of Product Mix, Investment Strategy and Surplus Appropriation Schemes (2013) [pdf] (with A. Bohnert, P. L. Jørgensen), forthcoming in Insurance: Mathematics and Economics
  • Dynamic Hybrid Products in Life Insurance: Assessing the Policyholders' Viewpoint (2013) [pdf] (with A. Bohnert and P. Born) in: Insurance: Mathematics and Economics Vol 59, pp. 87-99
  • Critical Illness Insurances: Challenges and Opportunities for Insurers (2014) [pdf] (with A. Maegebier), forthcoming in: Risk Management & Insurance Review
  • Assessing the Risks of Insuring Reputation Risk (2013) [pdf] (with A. Kolb and J. Schmit), forthcoming in: Journal of Risk and Insurance
  • On Risk Charges and Shadow Account Options in Pension Funds (2012) [pdf] (with P. L. Jørgensen), forthcoming in: Scandinavian Actuarial Journal
  • Determinants and Value of Enterprise Risk Management: Empirical Evidence from the Literature (2013) [pdf] (with M. Martin), forthcoming in: Risk Management and Insurance Review
  • Insurers' Investment in Infrastructure: Overview and Treatment under Solvency II (2013) [pdf] (with T. Kosub), in: The Geneva Papers on Risk and Insurance - Issues and Practice Vol. 39 (2014), No. 2, pp. 351-372
  • How Does Price Presentation Influence Consumer Choice? The Case of Life Insurance Products (2010) [pdf] (with C. Huber, H. Schmeiser), forthcoming in: Journal of Risk and Insurance
  • On the Relevance of Premium Payment Schemes for the Performance of Mutual Funds with Investment Guarantees [pdf] (2013), in: Journal of Risk Finance Vol. 14 (2013), No. 5, pp. 436-452 (awarded the Highly Commended Paper Award 2014 at the Literati Network Awards of Excellence)
  • Estimating the Basis Risk of Index-Linked Hedging Strategies using Multivariate Extreme Value Theory (2012) (with R. Kellner), in Journal of Banking & Finance Vol. 37 (2013), No. 11, pp. 4353-4367
  • Fair Valuation and Risk Assessment of Dynamic Hybrid Products in Life Insurance: A Portfolio Consideration (2013) [pdf] (with A. Bohnert), in The Geneva Papers on Risk and Insurance - Issues and Practice Vol. 39 (2014), No. 1, pp. 148-172 (awarded the Shin Research Excellence Award of the International Insurance Society and The Geneva Association 2013)
  • The Effectiveness of Gap Insurance with Respect to Basis Risk in a Shareholder Value Maximization Setting (2011) [pdf] (with R. Kellner), forthcoming in: Journal of Risk and Insurance
  • Risk Measurement and Management of Operational Risk in Insurance Companies from an Enterprise Perspective (2012), in: Journal of Risk and Insurance Vol. 81 (2014), No. 3, pp. 683-708 [pdf] (with A. Kolb)
  • New Life Insurance Financial Products (2012), chapter in Georges Dionne (Ed.), Handbook of Insurance, second edition, Springer, New York; 2013, pp. 1061-1095 (with H. Schmeiser)
  • Optimal Risk Classification with an Application to Substandard Annuities (2009), in: North American Actuarial Journal Vol. 16 (2012), No. 4, pp. 462-486 [pdf] (with G. Hoermann, H. Schmeiser)
  • Quantifying Credit and Market Risk Under Solvency II: Standard Approach Versus Internal Model (2012), in: Insurance: Mathematics and Economics Vol. 51 (2012), No. 3, pp. 649-666 [pdf] (with M. Martin)
  • The Impact of Natural Hedging on a Life Insurer's Risk Situation (2010), in: Journal of Risk Finance Vol. 13 (2012), No. 5, pp. 396-423 [pdf] (H. Wesker)
  • Mortality Risk and Its Effect on Shortfall and Risk Management in Life Insurance (2011), in: Journal of Risk and Insurance Vol. 81 (2014), No. 1, pp. 57-90 [pdf] (with H. Wesker)
  • The Merits of Pooling Claims Revisited (2010), in: Journal of Risk Finance Vol. 13 (2012), No. 3, pp. 184-198 [pdf] (with H. Schmeiser) (awarded the Outstanding Paper Award 2013 at the Literati Network Awards of Excellence)
  • Creating Customer Value in Participating Life Insurance (2009), in: Journal of Risk and Insurance Vol. 79 (2012), No. 3, pp. 645-670 [pdf] (with I. Holzmüller, H. Schmeiser)
  • A Comparative Assessment of Basel II/III and Solvency II (2011), in: The Geneva Papers on Risk and Insurance Vol. 37 (2012), pp. 539–570 [pdf] (with H. Wesker)
  • Performance and Risks of Open-End Life Settlement Funds (2009), in: Journal of Risk and Insurance, Vol. 79 (2012), No. 1, pp. 193-229 (with A. Braun, H. Schmeiser)
  • Analyzing Surplus Appropriation Schemes in Participating Life Insurance from the Insurer's and the Policyholder's Perspective (2011), in Insurance: Mathematics and Economics, Vol. 50 (2012), No. 1, pp. 64-78 (with A. Bohnert) [pdf]
  • The Influence of Non-Linear Dependencies on the Basis Risk of Industry Loss Warranties (2010), in: Insurance: Mathematics and Economics, Vol. 49 (2011), No. 1, pp. 132-144 (with R. Kellner) [pdf]
  • Industry Loss Warranties: Contract Features, Pricing, and Central Demand Factors (previously entitled "What Drives the Demand for Industry Loss Warranties?") (2009), in: Journal of Risk Finance, Vol. 13 (2012), No. 1, pp. 13-31 (with H. Schmeiser) [pdf]
  • On the Risk Situation of Financial Conglomerates: Does Diversification Matter? (2008), in: Financial Markets and Portfolio Management, Vol. 25 (2011), No. 1, pp. 3-26 (with H. Schmeiser)
  • An Analysis of Pricing and Basis Risk for Industry Loss Warranties (2007), in: Zeitschrift für die gesamte Versicherungswissenschaft Vol. 100 (2011), No. 4, pp. 517-537 (with H. Schmeiser, D. Toplek). [pdf]
  • Understanding the Death Benefit Switch Option in Universal Life Policies (2009), in: Journal of Risk and Insurance Vol. 78 (2011), No. 4, pp. 823-852 (with G. Hoermann)
  • Risk Management using Index-Linked Catastrophic Loss Instruments (2010), in: Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 100 (2011), No. 1, pp. 141-151 (with R. Kellner)
  • On the Valuation of Investment Guarantees in Unit-Linked Life Insurance: A Customer Perspective (2009), in: Geneva Papers on Risk and Insurance, Vol. 36 (2011), No. 1, pp. 3-29 (with C. Huber, H. Schmeiser) [pdf]
  • The Secondary Market for Life Insurance in the U.K., Germany, and the U.S.: Comparison and Overview, (2010), in: Risk Management & Insurance Review, Vol. 13, No. 2, pp.279-301 (awarded the Risk Management & Insurance Review Best Perspective Article Award 2010 of the American Risk and Insurance Association (ARIA)) [pdf]
  • Pricing and Performance of Mutual Funds: Lookback versus Interest Rate Guarantees, (2009), in: The Journal of Risk, Vol. 11 (2009), No. 4, pp. 31-49 (with H. Schmeiser) [pdf]
  • The Impact of the Secondary Market on Life Insurers' Surrender Profits, (2008), in: Journal of Risk and Insurance, Vol. 76 (2009), No. 4, pp. 887-908 (with G. Hoermann, H. Schmeiser) (awarded the Kessler-Price 2009)
  • Minimum Standards for Investment Performance: A New Perspective on Non-Life Insurer Solvency, (2009), in: Insurance: Mathematics and Economics, Vol. 43 (2009), No. 1, pp. 113-121, (with M. Eling, H. Schmeiser)
  • Combining Fair Pricing and Capital Requirements for Non-Life Insurance Companies, (2007), in: Journal of Banking & Finance, Vol. 32 (2008), No. 10, pp. 2589-2596 (with H. Schmeiser) (awarded the Kessler-Price 2008)
  • The Swiss Solvency Test and its Market Implications, (2008), in: Geneva Papers on Risk and Insurance, Vol. 33 (2008), No. 3, pp. 418-439 (with M. Eling, H. Schmeiser)
  • Enterprise Risk Management in Financial Groups: Analysis of Risk Concentration and Default Risk, (2007), in: Financial Markets and Portfolio Management, Vol. 22 (2008), No. 3, pp. 241-258 (with H. Schmeiser, S. Schuckmann)
  • Asset Management and Surplus Distribution Strategies in Life Insurance: An Examination with Respect to Risk Pricing and Risk Measurement, in: Insurance: Mathematics and Economics, Vol. 42 (2008), No. 2, pp. 839-849
  • Assessing the Risk Potential of Premium Payment Options in Participating Life Insurance Contracts, in: The Journal of Risk and Insurance, Vol. 75 (2008), No. 3, pp. 691-712 (with H. Schmeiser)
  • Implicit Options in Life Insurance: An Overview, in: Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 98 (2009), No. 2, pp. 141-164
  • The Influence of Corporate Taxes on Pricing and Capital Structure in Property-Liability Insurance, in: Insurance: Mathematics and Economics, Vol. 42 (2008), No. 1, pp. 50-58 (with H. Schmeiser)
  • Analysis of Participating Life Insurance Contracts: A Unification Approach, in: The Journal of Risk and Insurance, Vol. 74 (2007), No. 3, pp. 547-570 (with A. Kling)
  • Risk and Capital Transfer in Insurance Groups, Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 97 (2008), No. 4, pp. 463-477 (with H. Schmeiser)

Further publications (non-refereed, conference proceedings, book chapters)

  • Herausforderungen bei der Erzeugung von Szenarien für den Kapitalmarkt, Versicherungswirtschaft, 67 Jg. (2012), Heft 6, S. 388-392 (N. Gatzert, C. Köck, J. Voß).
  • Segmentierungs- und Tarifierungsstrategien, in: W. Ackermann und H. Schmeiser (Ed.): Versicherungsmanagement, VBV Lehrbuch, 2011 (with H. Schmeiser)
  • Das strategische Risikomanagement eines Versicherers, in: W. Ackermann und H. Schmeiser (Ed.): Versicherungsmanagement, VBV Lehrbuch, 2011 (with H. Schmeiser)
  • Managing Longevity Risk under Adverse Selection: The Influence of Policyholder Age and Contract Duration (2011), Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 100 (2011), No. 5 (Supplement), pp. 695-706 (mit H. Wesker)
  • Risk Assessment of Surplus Appropriation Schemes in Participating Life Insurance, Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 100 (2011), No. 5 (Supplement), pp. 679-687 (mit A. Bohnert)
  • How Attractive is the Life Settlements Asset Class from an Investor's Perspective?, erscheint in: I.VW Management-Information 1/2010 (with A. Braun, H. Schmeiser)
  • Investment Guarantees in Unit-Linked Life Insurance from the Customer Perspective, (2010), in: Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 99 (2010), No. 5 (Supplement), pp. 627-636 (with C. Huber, H. Schmeiser)
  • Finanzgarantien aus Kundensicht, Versicherungswirtschaft, 64 Jg. (2009), Heft 22, S. 1735-1740 (with C. Huber, H. Schmeiser)
  • Optimal Rate Classification for Enhanced Annuities, (2009), in: Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 98 (2009), No. 5, pp. 565-577 (with G. Hoermann, H. Schmeiser)
  • Risk Assessment of Life Insurance Contracts: A Comparative Study in a Lévy Framework, in: The Solvency II Handbook - Developing Enterprise Risk Management Frameworks in Insurance and Reinsurance Companies (Ed. Marcelo Cruz) (2009) (with S. Kassberger)
  • Management von Finanzkonglomeraten: Diversifikation, Risikokonzentration und Conglomerate Discount, Versicherungswirtschaft, 63 Jg. (2008), Heft 24, S. 2067-2071 (with H. Schmeiser)
  • Diversification in Financial Conglomerates, I.VW Management-Information 2/2008, S. 30-31 (with H. Schmeiser)
  • Bewertung und Risikomanagement von impliziten Optionen in Lebenspolicen, Versicherungswirtschaft, 62. Bd. (2007), Heft 10, S. 769-771 (with H. Schmeiser)
  • Implicit Options in Life Insurance: Valuation and Risk Management, in: Zeitschrift für die gesamte Versicherungswissenschaft, Vol. 95 (2006), Supplement, pp. 111-128 (with H. Schmeiser)


Selected Presentations

  • 41st Seminar of the European Group of Risk and Insurance Economists, St. Gallen 09/2014
  • 8th Conference in Actuarial Science & Finance, Samos, 05/2014
  • Risk Theory Society Annual Seminar, Munich 05/2014
  • 40th Seminar of the European Group of Risk and Insurance Economists, Paris 09/2013
  • 49th Seminar of the International Insurance Society, Seoul 06/2013
  • 39th Seminar of the European Group of Risk and Insurance Economists, Palma de Mallorca 09/2012
  • International Annual Conference of the German Operations Research Society OR 2012, Hannover 09/2012
  • American Risk & Insurance Association, Annual Meeting, Minneapolis 08/2012
  • Workshop in Capital Markets, Collegio Carlo Alberto, Turin 06/2012
  • 12th Symposium on Finance, Banking, and Insurance, Karlsruhe 12/2011
  • Munich Behavioral Insurance Workshop, Munich, 12/2011
  • 18th Annual Meeting of the German Finance Association (DGF), Regensburg 10/2011
  • 38th Seminar of the European Group of Risk and Insurance Economists, Vienna 09/2011
  • Seventh International Longevity Risk and Capital Markets Solutions Conference, Frankfurt 09/2011
  • American Risk & Insurance Association, Annual Meeting, San Diego 08/2011
  • 20th International AFIR Colloquium, Madrid 06/2011
  • Jahrestagung des Deutschen Vereins für Versicherungswissenschaft, Berlin 03/2011
  • Brownbag Seminar Munich Risk and Insurance Center, Munich 11/2010
  • World Risk and Insurance Economics Congress, Singapore 07/2010
  • Jahrestagung des Deutschen Vereins für Versicherungswissenschaft, Düsseldorf 03/2010
  • Research Seminar of the Finance Research Group, Aarhus School of Business 02/2010
  • Economic Risk Seminar, Humboldt-Universität zu Berlin 11/2009
  • 36th Seminar of the European Group of Risk and Insurance Economists, Bergen 09/2009
  • 3rd International IAA Life Colloquium, Munich 09/2009
  • 8th Workshop der GOR-Arbeitsgruppe Finanzwirtschaft und Finanzinstitutionen, Hannover 05/2009
  • Jahrestagung des Deutschen Vereins für Versicherungswissenschaft, Berlin 03/2009
  • 11th Symposium on Finance, Banking, and Insurance, Karlsruhe 12/2008
  • 35th Seminar of the European Group of Risk and Insurance Economists, Toulouse 09/2008
  • American Risk & Insurance Association, Annual Meeting, Portland 08/2008
  • Jahrestagung des Deutschen Vereins für Versicherungswissenschaft, Dresden 03/2008
  • 34th Seminar of the European Group of Risk and Insurance Economists, Köln 09/2007
  • 14th Annual Meeting of the German Finance Association (DGF), Dresden 09/2007
  • American Risk & Insurance Association, Annual Meeting, Québec (Kanada) 08/2007
  • 11th International Congress on Insurance: Mathematics and Economics, Piräus 07/2007
  • 37th ASTIN Colloquium, Orlando 06/2007
  • 16th International AFIR Colloquium, Stockholm 06/2007
  • 1st International IAA Life Colloquium, Stockholm 06/2007
  • Swiss Society of Economics and Statistics, Annual Meeting, St. Gallen 03/2007
  • 13th Annual Meeting of the German Finance Association (DGF), Oestrich-Winkel 10/2006
  • 33. Seminar of the European Group of Risk and Insurance Economists, Barcelona 09/2006
  • Operations Research, Annual Meeting, Karlsruhe 09/2006
  • American Risk & Insurance Association, Annual Meeting, Washington D.C. 08/2006
  • International Symposium on Insurance and Finance, Bergen 05/2006
  • 6. Workshop der GOR-Arbeitsgruppe Finanzwirtschaft und Finanzinstitutionen, Ingolstadt 05/2006
  • Jahrestagung des Deutschen Vereins für Versicherungswissenschaft, Berlin 03/2006


Funded Research Projects

  • Implicit Constraints, Incentives, and Systemic Risk Imposed by New Insurance Regulation, Förderung von der Deutschen Forschungsgemeinschaft (DFG) und dem Schweizerischen Nationalfonds (SNF), 2013-2015, mit Prof. Dr. Martin Eling und Prof. Dr. Hato Schmeiser, Institut für Versicherungswirtschaft, Universität St. Gallen, Schweiz
  • Market Consistent Valuation and Solvency Assessment in the Insurance Industry, Förderung von der Deutschen Forschungsgemeinschaft (DFG), 2011-2013, Forschungskooperation mit Prof. Peter Løchte Jørgensen, Ph.D., Head of Finance Research Group an der Aarhus School of Business, Dänemark
  • Challenges in the Life Insurance Industry with Respect to Pricing and Risk Measurement, Grundlagenforschungsprojekt Nr. 120730 des Schweizerischen Nationalfonds (SNF), 2008-2010 (mit H. Schmeiser), Forschungskooperation mit J. Schmit und H. Gründl
  • Forschungsschwerpunkt Wealth and Risk an der Universität St. Gallen, 2006-2008
  • Implicit Options in Life Insurance Contracts: Valuation and Risk Management, Grundlagenforschungsfonds der Universität St. Gallen, 2006-2007 (mit H. Schmeiser)

 

Nach oben