2009 Bowles Symposium on Liquidity, Valuation, and Financial Crisis
The 11th annual Bowles Symposium will be held February 12-13, 2009 at Georgia State University in Atlanta, Georgia.
The unfolding financial crisis brings new questions into the debate between mark-to-market versus “mark-to-model” or “mark-to-what-model.” It also calls for significant changes in the regulatory framework for financial institutions. Against this backdrop, the 2009 Bowles Symposium is dedicated to presenting research on the interplay between liquidity and valuation and on the reconciliation of different valuation approaches/methods within global banking and insurance systems along with the associated regulatory environments. In addition to discussing current risk management issues for financial institutions, the development of new regulations (such as Solvency II for insurance companies or proposed regulations for revising the role of the SEC and/or the Federal Reserve) will be addressed.
This year's symposium leader is Dr. Paul Embrechts, Professor of Mathematics at the ETH (Swiss Federal Institute of Technology, Zurich). In addition to Dr. Embrechts, the symposium will feature two keynote speakers:
- Til Schuermann (Vice President in the Financial Intermediation Function, Federal Reserve Bank of New York)
- Stuart M. Turnbull (C.T. Bauer Chair of Business Leadership and Professor of Finance at the University of Houston).
The Bowles Symposia Series—established in 1995 as a special program of the Georgia State University's Department of Risk Management and Insurance— represents a collection of actuarial research and education seminars that focus on specific issues relevant to the changing and complex environment in which contemporary actuaries practice.
The symposium is co-sponsored by:
- Thomas P. Bowles Chair at Georgia State University
- Joint Risk Management Section of the Casualty Actuarial Society, the Canadian Institute of Actuaries, and the Society of Actuaries
- The Enterprise Risk Management Institute International (ERM-II)
- The Federal Reserve Bank of Atlanta.
Registration: Space is limited, therefore, early registration is advised. Cost for academics is $100 and for participants is $250. Please visit the Georgia State University Web Site to register.
Lodging: The Symposium has a limited block of rooms at the following two hotels: Springhill Suites and the Grand Hyatt Buckhead. Hotel information can be found on the Symposium information page.
For more information, visit Symposium web page or call 404-413-7500.