FIFTEENTH ANNUAL RISK
MANAGEMENT CONFERENCE

3 August 2022
Hybrid Event
Conrad Centennial Singapore (in person - by invite only)
Virtual Attendance (complementary to all, registration required)
Organized by Risk Management Institute

This international conference will provide a platform for policy makers, regulators, industry executives, and researchers from academia and industry to enhance their risk management techniques, explore the latest investment strategies and manage the fundamental regulatory changes in the financial sector. The conference will feature industry panels as well as scientific paper presentation. A pre-conference workshop on Credit Portfolio Management is organized in collaboration with the International Association of Credit Portfolio Managers. This year, the conference will  feature topics such as climate change, net-zero, and the practice of financial risk management, as well as recent research on data and analytics advances. 

MARTIN EICHENBAUM

Northwestern University

The Covid epidemic had a large impact on economic activity. In contrast, the dramatic decline in mortality from infectious diseases over the past 120 years had a small impact on economic activity. People’s response to successive Covid waves helps reconcile these two findings. Our analysis uses a unique administrative data set with anonymized monthly expenditures at the individual level that covers the first three Covid waves. Consumer expenditures fell by about the same amount in the first and third waves, even though the risk

of getting infected was larger in the third wave. We argue that people had pessimistic prior beliefs about the case-fatality rates that converged over time to the true case-fatality rates. Using a model where Covid is endemic, we show that the impact of Covid is small when people know the true case- fatality rate but large when people have empirically-plausible pessimistic priors about the case-fatality rate. These results reconcile the large economic impact of Covid with the small effect of the secular decline in mortality from infectious diseases estimated in the literature.

WANG NENG
Columbia Business School

WOLFGANG HÄRDLE
Humboldt-Universität zu Berlin

ROSSEN VALKANOV
UC San Diego

MATHIEU ROSENBAUM
École Polytechnique

KRISTA BAETENS
National Australia Bank Limited

EDWIN LEE
OCBC Bank

LUTFEY SIDDIQI
NUS Risk Management Institute (RMI)

MARCIA BANKS
International Association of Credit Portfolio Managers (IACPM)

MIKKO LEHTONEN
McKinsey & Company

BENJAMIN WONG
DBS Bank

MARCIA BANKS
International Association of Credit Portfolio Managers (IACPM)

EDWARD LEE WEE KOK
Standard Chartered Bank

FRANKIE PHUA
United Overseas Bank Limited (UOB)

JASON VALOTI
Simmons & Simmons

HAOJIE ZHANG
Standard Chartered Bank

MARK HOUGHTON
AXA XL

VICTOR ONG
AXIS Capital

VIDAYASAGAR PULAVARTI
Apollo Global Management

BENJAMIN WONG
DBS Bank

For more information, please visit RMI website.