Risk Theory Society Proceedings - 2025

Here are the papers of the 2025 Risk Theory Seminar at HEC Montréal:

Commitment and Nitpicky Behaviors in Insurance
Ze Chen, Hong Li, Tao Li, Li Wei

Does Enterprise Risk Management Bolster Investor Confidence?

Michael Neel, Jianren Xu

Coverage Neglect in Homeowners Insurance
Anthony Cookson, Emily Gallagher, Philip Mulder

Moral Hazard under Liquidity Constraints
Keith Marzilli Ericson, Johannes Jaspersen, Justin Sydnor

Reinsurance, Financial Frictions, and Subsidy Efficiency: Evidence from Health Insurance
Paul Kim, Anran Li

Market Power and Insurance Coverage
Daniel Gottlieb, Humberto Moreira

Firm Learning in a Selection Market
Claudio Lucarelli, Evan Saltzman

Physical Climate Risk Factors and an Application to Measuring Insurers Climate Risk Exposure
Hyeyoon Jung, Robert Engle, Shan Ge, Xuran Zeng

Unrealized Trading Gains
Chuck Fang

Gambling for Recovery? Exploring the Credit Risk of European Insurers’ Bond Portfolios during the Covid-19 Market Crash
Marcel Beyer