2025 RISK SCIENCES ANNUAL CONFERENCE PROGRAM

Time

Activity

Venue

08:00 – 08:45

Registration

08:45 - 09:00

Opening Remarks

Gala Auditorium

09:00 - 10:30

Keynote Panel 1: Strengthening Financial System: Corporate Risk, Capital Markets, and Retirement Challenges

-          Speakers: Prof. David Blake, Prof. Xin (Simba) Chang, Prof. Katja Hanewald, Prof. Moshe Arye Milevsky, Prof. Wei Zheng

Gala Auditorium

10:30 - 11:00

Coffee Break

11:00 - 12:30

Keynote Panel 2: Confronting Climate Change: Risk Modeling, Financial Solutions, and Resilient Systems

-          Speakers: Prof. Enrico Biffis, Prof. Benjamin Horton, Prof. Steve Yim, Prof. Yildiray Yildirim, Prof. Jun Zhuang

Gala Auditorium

12:30 – 13:45

Lunch Break

13:45 – 15:15

Keynote Panel 3: Governing Emerging Risks: AI, Digital Health, and the Future of Risk Management

-          Speakers: Prof. Jan Dhaene, Prof. Leonard Lee, Prof. Ruodu Wang, Prof. Wenfeng Wu, Prof. Xiaofei Xie

Gala Auditorium

15:15 - 15:45

Coffee Break

15:45 - 16:45

Parallel Session I

See Detailed Program

16:45 - 17:00

Short Break

17:00 - 18:15

Parallel Session II

See Detailed Program

18:30 – 21:00

Gala Dinner

Nanyang Pavilion

Time

Activity

08:00 – 08:45

Registration

08:45 - 09:00

Opening Remarks

-          Ms. Min Hung Cheng, CEO, Global Asian Insurance Partnership (GAIP)

-          Prof. Runhuan Feng, Chair Professor, School of Economics and Management, Tsinghua University & Executive Editor-in-Chief, Risk Sciences

-          Prof. Adam D. Switzer, Professor, Asian School of the Environment & Director, CIFAL @ NTU, Assistant Dean (Development), College of Science, NTU

-          Prof. Shinichi Kamiya, Co-Director, Insurance Risk and Finance Research Centre (IRFRC), Nanyang Technological University

-          Prof. Wenjun Zhu, Deputy Head, Division of Banking & Finance & Deputy Director, Insurance Risk and Finance Research Centre (IRFRC)

09:00 - 10:30

Keynote Panel 1 - Strengthening Financial System: Corporate Risk, Capital Markets, and Retirement Challenges

Moderator: Prof. Joey Zhou

-          Prof. David Blake, Professor & Director of the Pensions Institute, Bayes Business School, City St George's, University of London

-          Prof. Xin (Simba) Chang, Professor of Finance & Associate Dean (Research), Nanyang Business School (NBS), Nanyang Technological University (NTU)

-          Prof. Katja Hanewald, Associate Professor, UNSW School of Risk and Actuarial Studies & President of the Asia-Pacific Risk and Insurance Association (APRIA)

-          Prof. Moshe Arye Milevsky, Professor of Finance, Schulich School of Business, York University

-          Prof. Wei Zheng, Professor, Head of the Department of Risk Management and Insurance at the School of Economics, & Director of the China Center for Insurance and Social Security Research (CCISSR), Peking University

10:30 - 11:00

Coffee Break

11:00 - 12:30

Keynote Panel 2 - Confronting Climate Change: Risk Modeling, Financial Solutions, and Resilient Systems

Moderator: Prof. Jade Nie

-          Prof. Enrico Biffis, Associate Professor of Actuarial Finance & Academic Director of the Centre for Climate Finance and Investment (CCFI), Imperial College Business School

-          Prof. Benjamin Horton, Chair Professor of Earth Science & Dean of the School of Energy and Environment (SEE) at City University of Hong Kong (CityUHK)

-          Prof. Steve Yim, Associate Professor & Director of the Center for Climate Change and Environmental Health (CCEH), Asian School of the Environment & Lee Kong Chian School of Medicine, Nanyang Technological University (NTU)

-          Prof. Yildiray Yildirim, William Newman Professor in Real Estate Finance, Chair of Department of Real Estate & Director, Steven Newman Real Estate Institute, Baruch College, CUNY

-          Prof. Jun Zhuang, Morton C. Frank Professor & Associate Dean for Research, School of Engineering and Applied Sciences (SEAS), University at Buffalo (UB)

12:30 – 13:45

Lunch Break

Time

Activity

13:45 – 15:15

Keynote Panel 3- Confronting Climate Change: Risk Modeling, Financial Solutions, and Resilient Systems

Moderator: Prof. Jinggong Zhang

-          Prof. Jan Dhaene, Professor & Head of the Research Centre Insurance (Actuarial Research Group), Department Accountancy, Finance and Insurance, Faculty of Business and Economics, KU Leuven

-          Prof. Leonard Lee, Director and Lloyd’s Register Foundation Professor of Lloyd’s Register Foundation Institute for the Public Understanding of Risk (IPUR), and Professor of Marketing at NUS Business School, National University of Singapore (NUS)

-          Prof. Ruodu Wang, Tier-1 Canada Research Chair in Quantitative Risk Management and Professor of Actuarial Science and Quantitative Finance, University of Waterloo

-          Prof. Wenfeng Wu, Professor of Finance, Antai College of Economics and Management & Director of Division for Development Liberal Arts, Shanghai Jiao Tong University

-          Prof. Xiaofei Xie, Assistant Professor and Lee Kong Chian Fellow, Singapore Management University (SMU)

15:15 - 15:45

Coffee Break

15:45 - 16:45

Parallel Session I (PSI)

PSI-A: Biodiversity and Environmental Risk (Moderator: Tracy Xie)

Gaia Auditorium

15:45 - 16:00

Indebted to Nature:  Corporate Biodiversity Endowment and Bond Market Reactions

-          Han Xing, University of Auckland

16:00 - 16:15

Readying For Risk Convergence & Emergence of Polycrisis

-          Gupta Praveen, Sanctuary Asia

16:15 - 16:30

Insuring Against the Heat

-          Chua Yeow Hwee, Nanyang Technological University

16:30 - 16:45

Transition Risk in Energy Transition: A Double Materiality Approach to Risk Mitigation and Value Creation

-          Tracy Xie, E2 Advisory

PSI-B: AI Risk (Moderator: Zeng Jing)

TR+151 (S4-B2C-36)

15:45 - 16:00

A Study of The Impact of Artificial Intelligence Technology Application on Corporate ESG Performance

-          Yupei Wu, SWUFE

16:00 - 16:15

Navigating Artificial Intelligence Risk: Investigating the Adoption Intention for Driverless Vehicles Through an Extended Technology Acceptance Model

-          Weiwei Zhu, Hefei University of Technology

16:15 - 16:30

An Empirical Study on International Rules of AI Functional Sovereignty: A Comparative Study Based on Legal Data of the Global South and the Global North

-          Jingyi Xu, Zhejiang Normal University

16:30 - 16:45

Measurement and Analysis of Residents' Risk Perception of Artificial Intelligence Embedded in Urban Governance

-          Zeng Jing, Southwest University of Science and Technology

Time

Activity

PSI-C: Climate Change and Sustainability I (Moderator: Tianhao Zhi)

TR+152 (S4-B2C-38)

15:45 - 16:00

Sustainability Risks under Lotka-Volterra Dynamics

-          Tianhao Zhi, Beijing Normal-Hong Kong Baptist University

16:00 - 16:15

Optimizing Socio-Economic Resilience: Data-Driven Analysis of Weather Risk on Hong Kong Households

-          Justin Chen, Chinese International School

16:15 - 16:30

Pricing Climate Change Exposure: New Evidences from Chinese Listed Companies

-          Jundu Wu, Hunan Normal University

16:30 - 16:45

Climate Change and Insurer Performance

-          Canchun He, Peking University

PSI-D: Mortality and Longevity Risk I (Moderator: Ze Chen)

TR+61 (SS1-B1-07)

15:45 - 16:00

A Simulation Study on the Incentive of Personal Pension Contributions for Rural Residents in China

-          Jianhai Yang, Beijing Technology and Business University

16:00 - 16:15

The Real Effects of the Recent Life Expectancy Shock

-          Ze Chen, Renmin University

16:15 - 16:30

An assessment framework for equitable longevity pooling arrangements

-          Thalagoda Gayani, UNSW Sydney

16:30 - 16:45

Can improving longevity literacy motivate interest in life annuities?

-          Jiamin Yan, UNSW Sydney

PSI-E: Machine Learning (Moderator: Zhiyu Quan)

TR+64 (SS1-B1-04)

15:45 - 16:00

Beyond Linearity: Multidimensional Supply Chain Resilience Indicators Drive Total Factor Productivity via Machine Learning

-          Qianni  Wu, Hang Seng University of Hong Kong

16:00 - 16:15

InsurTech innovation using natural language processing

-          Zhiyu Quan, University of Illinois Urbana-Champaign

16:15 - 16:30

Enhancing Risk Classification in Bonus–Malus Systems Using Telematics and Neural Networks

-          Ibrahim Mohamed Hanafy Kotb, UNSW Sydney

16:30 - 16:45

An Optimal Economic Epidemiological Framework Using Neural Networks

-          Chang Zhai, University of Melbourne

Time

Activity

PSI-F: Catastrophe Risk (Moderator: Xiaowei Chen)

TR+65 (SS1-B1-03)

15:45 - 16:00

Multifactor CAT Bond Pricing Using Distortion Operator Models with Neural Networks

-          Xiaowei Chen, Nankai University

16:00 - 16:15

Catastrophe risk sharing with insurance levy under distortion risk measures

-          Yiying Zhang, Southern University of Science and Technology

16:15 - 16:30

From Monsoons to Megacities: A Hybrid Modeling Blueprint for the Asia-Pacific’s Catastrophe Resilience

-          Kagarlis Marios, Ecomonitor

16:30 - 16:45

Can Catastrophic Health Insurance for Urban and Rural Residents Alleviate Health Inequality? Empirical Evidence from China

-          Chufeng Yang, Southeast University

PSI-G: Risk Theory (Moderator: Wing Fung (Alfred) Chong)

TR+68 (SS1-B1-14)

15:45 - 16:00

Stochastic dominance for linear combinations of infinite-mean risks

-          Yuyu Chen, University of Melbourne

16:00 - 16:15

Disagreement on Tail

-          Jiangyuan Li, Shanghai University of Finance and Economics

16:15 - 16:30

Variance Risk Premia under Volatility Models

-          Chuan-Hsiang Han, National Tsing-Hua University

16:30 - 16:45

Strategic Risk Reduction by Self-Protection and Self-Insurance

-          Wing Fung (Alfred) Chong, Heriot-Watt University

16:45 – 17:00

Short Break

17:00 - 18:15

Parrell Session II (PSII)

PSII-A: Climate Change and Sustainability II (Moderator: Yanbin Xu)

Gaia Auditorium

17:00 - 17:15

A View of Future Cyclone Risk in the Asia Pacific

-          Yanbin Xu, Nanyang Technological University

17:15 - 17:30

A Study on the Impact of Climate Change on the Solvency of the Insurance Industry and Corresponding Response Strategies

-          Fu Yang, Xi'an University of Finance and Economics

17:30 - 17:45

Academic Interests in Global Risks

-          Rongtao Duan, Peking University

17:45 - 18:00

Too Green to Burn: The Unexpected Fire-cutting Effects of National Forest City Construction in China

-          Xiaoran Yang, Chongqing University

Time

Activity

PSII-B: Mortality and Longevity Risk II (Moderator: Lingfeng Lyu)

TR+151 (S4-B2C-36)

17:00 - 17:15

Longevity Bond Pricing in Pension with Positive Jumps

-          Yitian Xu, Central University of Finance and Economics

17:15 - 17:30

Financing Aged Care with Home Equity Allowing for Government Age Pension and Aged Care Support

-          Lingfeng Lyu, UNSW Sydney

17:30 - 17:45

Study on the Endogenous Linkage Optimization of Life Insurance Companies' Assets and Liabilities under Longevity Risk Shock -- Synergetic Modeling Based on C-ROSS II and Dynamic Hedging Strategies

-          Zihan Jiao, Beijing Technology and Business University

17:45 - 18:00

PM2.5-Associated Premature Mortality Attributable to Hot-And-Polluted Episodes and the Inequality Between the Global North and the Global South

-          Tao Huang, Nanyang Technological University

PSII-C: Health & Medical Risk (Moderator: Zhijun Wang)

TR+152 (S4-B2C-38)

17:00 - 17:20

Informal Care, Health Prevention and Long-Term Care Policy

-          Zitong Su, Central University of Finance and Economics

17:20 - 17:40

Medical Insurance Payment and Insured Equity: A Study on the Insurance Coverage Effects of Basic Medical Insurance in Palliative Care Services

-          Shangcong Liang, Southwestern University of Finance and Economics

17:40 - 18:00

Foodborne disease Risk Assessment and Monitoring Enhancement (FRAME) for Mitigating Aflatoxin B1-Related Health Risks along China’s Food Supply Chain

-          Zhengcong Wang, Huazhong Agricultural University

PSII-D: Risk Transfer & Management (Moderator: Xiaobai Zhu)

TR+61 (SS1-B1-07)

17:00 - 17:15

Innovating Risk Transfer: Weather-Indexed Smart Contracts for Climate-Resilient Infrastructure

-          Jain Yash, Cliff Horizon Pte. Ltd.

17:15 - 17:30

Moral Hazard in Index Insurance

-          Xiaobai Zhu, The Chinese University of Hong Kong

17:30 - 17:45

The Vicious Cycle of Bad Faith Denial, Buildup Claims, and Premium Adjustment: An Experimental Study

-          Yeonjae Lee, Beijing Technology and Business University

17:45 - 18:00

Have you Reached the Standard in Risk Management? Information Island and Resilience of Safety Network

-          Jianting Yao, Zhejiang University

Time

Activity

PSII-E: Auto Risk and Insurance Innovation (Moderator: Xindi Fang)

TR+64 (SS1-B1-04)

17:00- 17:20

Using Self-assessment Data in Automobile Insurance Risk Assessment with Dynamic Modelling

-          Xindi Fang, The University of Melbourne

17:20 - 17:40

Does P/L insurance accelerate the spatial diffusion of new energy vehicles in China?

-          Xiangyou Wu, Minjiang University

17:40 - 18:00

The Paradox of Explainability in AI-Driven Autonomous Vehicles: Mapping Ethical Risk Landscapes Through Public Cognition

-          Jia Xu, Hohai University

PSII-F: Supply Chain & Technology (Moderator: Che Zhang)

TR+152 (S4-B2C-38)

17:00 - 17:15

From Fragility to Flexibility: How do Firms Respond to Upstream Technology Vulnerability?

-          Che Zhang, Tsinghua University

17:15 - 17:30

Research on Crisis Learning Mechanism and Organizational Resilience Enhancement Based on Production Safety Accidents

-          Shanshan Lu, Hefei University of Technology

17:30 - 17:45

Telescoping Loans from Space: A Remote Sensing Analysis

-          Mingyan Leng, Southwestern University of Finance and Economics

17:45 - 18:00

Interactions among human and organizational factors in counter-terrorism security at large-scale events

-          Lipeng Fu, Fuzhou University

PSII-G: Finance (Moderator: Yang Fu)

TR+61 (SS1-B1-07)

17:00 - 17:15

The Impact of Financial Sanctions on the Restructuring of Global Value Chains: Empirical Evidence from Global Sanctions Data

-          Guohao Zou, Southeast University

17:15 - 17:30

An Exploration of the Impact of Bitcoin Options Futures Market Position Behaviour on Basis Spreads and Futures Spot Returns

-          Jiayu Shen, Zhejiang University

17:30 - 17:45

Unified National Market Development and Corporate Risk-Taking -- A Quasi Experiment from the Chinese Standardization Comprehensive Reform Pilot Project

-          Shiyu Wu, Beijing Normal University

17:45 - 18:00

Reputation in Insurance: Unintended Consequences for Capital Allocation

-          Harold Guo, Academy of Mathematics and Systems Science, Chinese Academy of Sciences

18:00 – 18:15

The impact of Environmental Pollution Liability Insurance on Corporate ESG Performance: Evidence from China's Industrial Listed Enterprises

-          Yang Fu, Xi'an University of Finance and Economics

18:30 – 21:00

Gala Dinner

Nanyang Pavilion