Publications

Refereed Journal Publications (double-blind review)

  1. Old-Age Care Prevalence in Switzerland: Drivers and Future Development, in: European Actuarial Journal, forthcoming (with M. Fuino)
  2. Long-Term Care Models and Dependence Probability Tables by Acuity Level: New Empirical Evidence from Switzerland, in: Insurance Mathematics and Economics, 81:51-70, 2018 (with M. Fuino) [DOI: 10.1016/j.insmatheco.2018.05.002]
  3. Policy Characteristics and Stakeholder Returns in Participating Life Insurance: Which Contracts Can Lead to a Win-Win?, in: European Actuarial Journal, forthcoming (with C. Mirza) [DOI: 10.1007/s13385-018-0179-1, SpringerNature SharedIt]
  4. Asset-Liability Management for Long-Term Insurance Business, in: European Actuarial Journal, 8(1):9-25, 2018 (with H. Albrecher, D. Bauer, P. Embrechts, D. Filipović, P. Koch, R. Korn, S. Loisel, A. Pelsser, F. Schiller, H. Schmeiser) [DOI: 10.1057/s41288-017-0053-4]
  5. Forecasting the next likely purchase events of insurance customers: A case study on the value of data-rich multichannel environments, in: International Journal of Bank Marketing, 36(6):1125-1144, 2018 (with S. Mau and I. Pletikosa Cvijikj) [DOI: 10.1108/IJBM-11-2016-0180]
  6. What Customer, Policy and Distribution Characteristics Drive the Development of Insurance Customer Relationships? – A Case Study Analysis, in: International Journal of Bank Marketing, 36(6):1098-1124, 2018 (with Y. Staudt) [DOI: 10.1108/IJBM-11-2016-0175]
  7. Profitability and Growth in Motor Insurance Business – Empirical Evidence from Germany, in: The Geneva Papers on Risk and Insurance – Issues and Practice, 43(1):126-157, 2018 (with L. Maichel-Guggemoos) [DOI: 10.1057/s41288-017-0053-4, Springer Nature SharedIt]
  8. The Impact of Pension Funding Mechanisms on the Stability and the Payoff from DC Pension Schemes in Switzerland, in: The Geneva Papers on Risk and Insurance – Issues and Practice, 42(3):423–452, 2017 (with P. Müller) [DOI: 10.1057/s41288-017-0048-1]
  9. Old-Age Provision: Past, Present, Future, in: European Actuarial Journal, 6(2):287–306, 2016 (with H. Albrecher, P. Embrechts, D. Filipović, G. Harrison, P. Koch, S. Loisel, P. Panini) [DOI: 10.1007/s13385-016-0136-9, Springer Nature SharedIt]
  10. Insurance Claims Fraud: Optimal Auditing Strategies in Insurance Companies, in: Variance, forthcoming (with K. Müller, H. Schmeiser)
  11. Evolution of Strategic Levers in Insurance Claims Management: An Industry Survey, in: Risk Management and Insurance Review, 19(2):197-223, 2016 (with N. Mahlow) [DOI: 10.1111/rmir.12061]
  12. What Transaction Costs are Acceptable in Life Insurance Products from the Policyholders’ Viewpoint?, in: Journal of Risk Finance, 17(3):277-294, 2016 (with H. Schmeiser) [DOI: 10.1108/JRF-02-2016-0017]
  13. Empiricial Findings on Motor Insurance Pricing in Germany, Austria, and Switzerland, in: The Geneva Papers on Risk and Insurance – Issues and Practice, 41(3):398-431, 2016 (with D. Laas, H. Schmeiser) [DOI: 10.1057/gpp.2015.30]
  14. Process Landscape and Efficiency in Non-Life Insurance Claims Management: An Industry Benchmark, in: Journal of Risk Finance, 17(2):218-244, 2016 (with N. Mahlow) [DOI: 10.1108/JRF-07-2015-0069]
  15. The Impact of Auditing Strategies on Insurers’ Profitability, in: Journal of Risk Finance, 17(1):46–79, 2016 (with K. Müller, H. Schmeiser) [DOI: 10.1108/JRF-05-2015-0045]
  16. A Proposal on How the Regulator Should Set Minimum Interest Rate Guarantees in Participating Life Insurance Contracts, in: The Journal of Risk and Insurance, 82(3):659–686, 2015 (with H. Schmeiser) [DOI: 10.1111/jori.12036]
  17. The Pricing of Hedging Longevity Risk with the Help of Annuity Securitizations: An Application to the German Market, in: Journal of Risk Finance, 15(4):385–416, 2014 (with J. Lorson) [DOI: 10.1108/JRF-02-2014-0016]
  18. Sales Efficiency in Life Insurance: The Drivers for Growth in the German Market, in: The Geneva Papers on Risk and Insurance – Issues and Practice, 39(3):493–524, 2014 (with J. Lorson) [DOI: 10.1057/gpp.2013.35]
  19. Unisex Insurance Pricing: Consumers’ Perception and Market Implications, in: The Geneva Papers on Risk and Insurance – Issues and Practice, 39(2):322-350, 2014 (with H. Schmeiser and T. Störmer) [DOI: 10.1057/gpp.2013.24]
  20. A Note on the Appropriate Choice of Risk Measures in the Solvency Assessment of Insurance Companies, in: Journal of Risk Finance, 15(2):110–130, 2014 [DOI: 10.1108/JRF-11-2013-0082]
  21. Proposal for a Capital Market-Based Guaranty Scheme for the Financial Industry, in: The European Journal of Finance, 20(12):1133–1160, 2014 (with H. Schmeiser and A. Zemp) [DOI: 10.1080/1351847X.2012.745007]
  22. New Solvency Regulation: What CEOs of Insurance Companies Think, in: The Geneva Papers on Risk and Insurance – Issues and Practice, 38(2):213–249, 2013 (with M. Kreutzer) [DOI: 10.1057/gpp.2013.5]
  23. The Impact of Introducing Insurance Guaranty Schemes on Pricing and Capital Structure, in: The Journal of Risk and Insurance, 80(2):273–308, 2013 (with H. Schmeiser) [DOI: 10.1111/j.1539-6975.2012.01474.x]
  24. Evaluation of Benefits and Costs of Insurance Regulation – A Conceptual Model for Solvency II, in: Journal of Insurance Regulation, 31:125–156, 2012 (with J. Lorson and H. Schmeiser) [NAIC/JIR-ZA-31-06]
  25. Under What Conditions is an Insurance Guaranty Fund Beneficial for Policyholders? in: The Journal of Risk and Insurance, 79(3):785–815, 2012 (with P. Rymaszewski and H. Schmeiser) [DOI: 10.1111/j.1539-6975.2011.01444.x]
  26. Comparison of Stakeholder Perspectives on Current Regulatory and Reporting Reforms, in: Risk Management and Insurance Review, 15(2):225–254, 2012 (with A. Zemp) [DOI: 10.1111/j.1540-6296.2012.01218.x]
  27. The Risk of Model Misspecification and its Impact on Solvency Measurement in the Insurance Sector, in: Journal of Risk Finance, 13(4):285–308, 2012 (with H. Schmeiser and C. Siegel) [DOI: 10.1108/15265941211254435]
  28. A Joint Valuation of Premium Payment and Surrender Options in Participating Life Insurance Contracts, in: Insurance: Mathematics and Economics, 49(3):580–596, 2011 (with H. Schmeiser) [DOI: 10.1016/j.insmatheco.2011.08.004]
  29. Finite element method with patches for Poisson problems in polygonal domain, in: ESAIM Refereed Proceedings, 21:45–64, 2007 (with A. Lozinski and J. Rappaz) [DOI: 10.1051/proc:072105]
  30. Multiscale algorithm with patches of finite elements, in: Mathematics and Computers in Simulation, 76(1-3):181–187, 2007 (with A. Lozinski, M. Picasso, J. Rappaz and V. Rezzonico) [DOI: 10.1016/j.matcom.2007.02.003]
  31. On a class of implicit solutions of the continuity and Euler’s equations for 1D systems with long range interactions, II, in: Physica D – Nonlinear Phenomena, 226(2):173–180, 2007 (with Ph. Choquard) [DOI: 10.1016/j.physd.2006.12.003]
  32. Finite element approximation of multi-scale elliptic problems using patches of elements, in: Numerische Mathematik, 101(4):663–687, 2005 (with R. Glowinski, J. He, A. Lozinski and J. Rappaz) [DOI: 10.1007/s00211-005-0614-5]
  33. On a class of implicit solutions of the continuity and Euler’s equations for 1D systems with long range interactions, in: Physica D – Nonlinear Phenomena, 201(3-4):230–248, 2005 (with Ph. Choquard) [DOI: 10.1016/j.physd.2004.12.003]
  34. A multi-domain method for solving numerically multi-scale elliptic problems, in: Comptes Rendus Mathématique. Acad. Sci. Paris, Ser. I, 338(9):741–746, 2004 (with R. Glowinski, J. He and J. Rappaz) [DOI: 10.1016/j.crma.2004.02.014]
  35. On the “Mean Field” Interpretation of Burgers’ equation, in: Journal of Statistical Physics, 116(1-4):843– 853, 2004 (with Ph. Choquard) [DOI: 10.1023/B:JOSS.0000037211.80229.04]
  36. Approximation of multi-scale elliptic problems using patches of finite elements, in: Comptes Rendus Mathématique. Acad. Sci. Paris, Ser. I, 337(10):679–684, 2003 (with R. Glowinski, J. He and J. Rappaz) [DOI: 10.1016/j.crma.2003.09.029]
  37. The homogeneous Hamilton-Jacobi and Bernoulli equations revisited, II, in: Foundations of Physics, 32(8):1225–1249, 2002 (with Ph. Choquard) [DOI: 10.1016/j.crma.2003.09.029]

Selected Further Publications in Risk Management and Insurance
(non-peer-reviewed publications, conference proceedings, book chapters, case studies)

  1. How Do the Consideration of Non-Normal Return Distributions and of Higher Moments Influence the Optimal Asset Allocation in Swiss Pension Funds?, in: Zeitschrift für die gesamte Versicherungswissenschaft, Sonderheft zur Jahrestagung 2018, forthcoming (with P. Müller) [DOI: 10.1007/s12297-018-0410-9, Springer Nature SharedIt]
  2. Long-Term Care Models and Dependence Probability Tables: New Empirical Evidence from Switzerland, in: I.VW Management-Information, 3:24-28, 2017 (with M. Fuino)
  3. The impact of guaranteed interest rates on long term investments in insurance products, in: HECimpact, University of Lausanne, 4 September 2017 [English: link, French: link]
  4. En Suisse, les soins et la dépendance représentent un risque systémique, in: Le Temps, 28 June 2016 (with M. Rockinger)
  5. From Research to Purchase: An Empirical Analysis of Research-Shopping Behaviour in the Insurance Sector, in: Zeitschrift für die gesamte Versicherungswissenschaft, Sonderheft zur Jahrestagung 2015, 104(5):573–593, 2015 (with S. Mau, I. Pletikosa Cvijikj) [DOI: 10.1007/s12297-015-0310-1]
  6. Trends im Schadenmanagement 2015: Digitalisierung, Betrugsbekämpfung, Dienstleistermanagement, HEC Lausanne/Innovalue, Lausanne/Hamburg, October 2015 (with N. Mahlow, S. Maier, P. Müller, J. Schmidt)
  7. Precificação de seguros sem consideração do sexo do segurado: Possìveis implicações no mercado, in Cadernos de seguro, 184:21–25, July 2015 (with T. Störmer and H. Schmeiser)
  8. Entwicklungen im Schadenmanagement: Strategische Themenfelder und Prozessmodell-Benchmark, in: I.VW Management-Information, 3:29–32, 2014 (with N. Mahlow)
  9. Possible Market Implications of Unisex Insurance Pricing, in: Asia Insurance Review, September 2014 (with T. Störmer and H. Schmeiser)
  10. Possible Market Implications of Unisex Insurance Pricing, in: The Geneva Association, Insurance Economics Newsletter, July:70, 2014 (with T. Störmer and H. Schmeiser)
  11. Pricing: Kampf geht weiter?, in: Schweizer Versicherung, July:54–55, 2014 (with D. Laas and H. Schmeiser)
  12. Steigende Kosten für Garantien, in: AWP Soziale Sicherheit, 40(7):6, 2014
  13. Pricing-Strategien in der KFZ-Versicherung, I.VW/Solution Providers, St.Gallen/Zürich, March 2014 (with M. Hartmann, D. Laas, C. Nützenadel, H. Schmeiser)
  14. Invalidität in der Schweiz – Einflussfaktoren und zukünftige Entwicklung, I.VW/PKRück, St.Gallen/ Zürich, January 2014 (with C. Curtius, E. Flückiger, A. Heimer, U. Kieser, R. Knöpfel, K. Müller, H. Schmeiser, K. Simon)
  15. Art. 8 der Lebensversicherungsrichtlinie: Prüfungsbericht zum Regelwerk zur Erstellung von Beispielrechnungen zur Wertentwicklung, St.Gallen/Zurich, November 2013 (jointly with Swiss Insurance Association)
  16. Hedging Longevity Risk with the Help of Annuity Securitizations: An Application to the German Market, in: I.VW Management-Information, 1:33–35, 2013 (with J. Lorson)
  17. Weniger ist oft mehr: Warum sich mit niedrigerem Zins ein höherer Nutzwert erzielen lässt, in: Schweizer Versicherung, November:24–25, 2012 (with H. Schmeiser)
  18. Feasible Fraud and Auditing Probabilities for Insurance Companies and Policyholders, in: Zeitschrift für die gesamte Versicherungswissenschaft, Sonderheft zur Jahrestagung 2012, 101(5):705–720, 2012 (with K. Müller and H. Schmeiser) [DOI: 10.1007/s12297-012-0219-x]
  19. Art. 8 der Lebensversicherungsrichtlinie: Prüfungsbericht zum Regelwerk zur Erstellung von Beispielrechnungen zur Wertentwicklung, St.Gallen/Zurich, November 2012 (jointly with Swiss Insurance Association)
  20. The Influence of Interest Rate Guarantees and Solvency Requirements on the Asset Allocation of Life Insurers, in: I.VW Management-Information, 3:31–33, 2012 (with H. Schmeiser)
  21. Unisex Insurance Pricing: Consumers’ Perception and Market Implications, in: I.VW Management- Information, 3:35–38, 2012 (with H. Schmeiser and T. Störmer)
  22. Ungleiches Risiko, gleicher Preis, in: Schweizer Versicherung, März:8–13, 2012 (with H. Schmeiser and T. Störmer)
  23. Neuerungen in Regulierung und Rechnungslegung: Aktuelle Entwicklungen in der Versicherungsindustrie, in: Strategische Unternehmensführung: Auf der Suche nach einer neuen Balance, RoCC Series No. 2, Eds. M. Menz, J. Wagner, Chr. Lechner, St. Gallen, 41–43, 2012
  24. Insurance Guaranty Schemes in a Contingent Claims Setting, in: Zeitschrift für die gesamte Versicherungswissenschaft, Sonderheft zur Jahrestagung 2011, 100(5):719–731, 2011 (with H. Schmeiser) [DOI: 10.1007/s12297-011-0167-x]
  25. Art. 8 der Lebensversicherungsrichtlinie: Regelwerk zur Erstellung von Beispielrechnungen zur Wertentwicklung, Institute of Insurance Economics / Swiss Insurance Association (SVV), St.Gallen/Zurich, December 2011 (with H. Schmeiser, jointly with SVV)
  26. Die strategische Steuerung des Versicherungsvertriebs im integrierten Vertriebsmodell, in: I.VW Management- Information, 4:19–23, 2011 (with C. Gaus and A. Ströbel)
  27. How Insurance Companies and Policyholders Behave Optimally in Case of Insurance Claims Fraud, in: I.VW Management-Information, 4:29–33, 2011 (with K. Müller and H. Schmeiser)
  28. Antworten mit Fragezeichen – IFRS 4 Phase II, I.VW/PricewatherhouseCoopers, St. Gallen/Zürich, June 2011 (with P. Lüssi, M. Schaeffer, H. Schmeiser, B. von Boyen and A. Zemp)
  29. Comparison of Stakeholder Perspectives on Current Regulatory and Reporting Reforms, in: I.VW Management- Information, 2:46–49, 2011 (with A. Zemp)
  30. Model Risk in Solvency Frameworks for Property-Liability Insurers, in: I.VW Management-Information, 1:31–34, 2011 (with H. Schmeiser and C. Siegel)
  31. Insurance Guaranty Fund – What Good is It? in: Zeitschrift für die gesamte Versicherungswissenschaft, Sonderheft zur Jahrestagung 2010, 99(5):637–648, 2010 (with P. Rymaszewski and H. Schmeiser) [DOI: 10.1007/s12297-010-0100-8]
  32. Case Management und seine strategische Bedeutung für Versicherer, January 2010 (with The Boston Consulting Group, Swiss Re, Intégration pour tous, Swiss Life and SVV)

Monographs

  • Finite element methods with patches and applications, Ph.D. Thesis directed by J. Rappaz, Swiss Federal Institute of Technology Lausanne (EPFL), Thesis No. 3478, March 2006
    [library.epfl.ch/en/theses/?nr=3478]
  • Etude par analyse numérique des équations de continuité et d’Euler associés á différents modèles uni-dimensionnels de liquides conservatifs, Master Thesis directed by J. Rappaz and Ph. Choquard, Swiss Federal Institute of Technology Lausanne (EPFL), February 2002