Comprehensive Research OrganizationWaseda University

Project Research Institutes

The Insurance and Risk Management Institute

Research Theme

Modern Risk Management and Insurance

Research Director

LEE, Hongmu
LEE, Hongmu
Faculty of Commerce, School of Commerce

Project Members

  • HOSHINO, Akio Associate Professor, Faculty of Commerce, School of Commerce
  • Lee, Hongmu Professor, Faculty of Commerce, School of Commerce
  • LIM, SoYoung Assistant Professor, Faculty of Commerce, School of Commerce
  • NAKAIDE, Satoshi Professor, Faculty of Commerce, School of Commerce
  • NAKAMURA, Nobuo Professor, Faculty of Commerce, School of Commerce
  • TAGUCHI, Naoshi Professor, Faculty of Commerce, School of Commerce

Research Keywords

Risk Management, Insurance, Pension, Long-term Care Insurance

Research Summary

Risks surrounding society are changing dramatically. Typical causes are the 4th industrial revolution, aging of society, and increase in catastrophes. It is necessary to conduct systematic and internationally comparative research to address these new risks.

First, in recent years, the Fourth Industrial Revolution, represented by IOT (Internet of Things) and AI (Artificial Intelligence), has brought about a major transformation of industry. On the other hand, these changes have also spurred the development of financial technology, known as fintech, which has had a significant impact on the financial industry.
For example, virtual currencies have become borderless and unsupervised, and composite financial products that transcend the boundaries of banking, insurance, and securities are being launched. This rapid development of fintech is making it difficult for existing supervisory regimes to protect financial consumers, and financial consumer protection in many countries is not keeping pace with the progress of fintech.

Second, Japan’s aging population has reached one of the highest levels in the world, with the ratio of elderly people aged 65 and over to the total population at 27.7% (2018). This places a heavy burden on social security, and various problems have erupted in the areas of pensions, medical care, and long-term care.

Third, Japan is a country prone to earthquakes and other natural disasters. These natural disasters have increased along with the size of the economy. In particular, earthquake disasters in Japan require urgent countermeasures. Unlike “mass risk,” which is homogeneous and independent of each other, such as human life and automobile accidents, natural disaster risk has a “non-mass risk” character in which the law of large numbers is ineffective. Although non-mass risk insurance is of great importance, research on it has been slower than on mass risk. By focusing on non-mass risk, we aim to expand the scope of insurance research.

Fourth, the environment of international trade is dramatically changing. Service trade has been increasing and digital trade has been spreading. Additionally, risks are increasing due to the changing payment methods for international trade, changing global value chains, the rise of neo-protectionism, climate change, and the outbreak of war. Therefore, international trade risk management is crucial for efficient and sustainable international trade in a rapidly changing economic environment. Furthermore, it is important to change and improve international trade risk management strategies in accordance with the current circumstances. This means the necessity to systematically organize international trade risk management and offer new insights on conducting such management.

Contact

hmlee[at]waseda.jp
※Replace [at] with the at sign [@]

Related Institutes

Institute of Japan in the Global Economy
Research Theme
Through “Japan’s lost decades,” we study the chall...
Research Director
KIKUCHI, Tomoo
Institute for Democratic Innovation
Research Theme
We aim to propose viable practices to innovate our...
Research Director
HINO, Airo
Institute of International Reconciliation Studies
Research Theme
"Reconciliation" is nurturing new relationships co...
Research Director
ASANO, Toyomi
Institute for EU Studies
Research Theme
The European Union in a Fluid Global Order: the pa...
Research Director
NAKAMURA, Hidetoshi
Institute of Science, Technology and Entrepreneurship
Research Theme
Exploring the mechanism of generating knowledge on...
Research Director
MAKI, Kanetaka
Institute of Sexual Orientation and Gender Identity Research
Research Theme
(1) Building networks of researchers and practitio...
Research Director
KAMANO, Saori
Institute for Well-being and Productivity Studies
Research Theme
Enhancing Individual Well-being, Corporate Profita...
Research Director
KURODA, Sachiko
Innovation Laboratory
Research Theme
Investigating antecedents, processes, and conseque...
Research Director
YAMANOI, Junichi
Institute of Social and Human Capital Studies
Research Theme
Empirical and Theoretical Research for Social Welf...
Research Director
NOGUCHI, Haruko
Institute of Peace Studies
Research Director
HORI, Yoshie
Next Stage Logistics Institute
Research Theme
The objective is to develop human resources for lo...
Research Director
YOKOTA, Kazuhiko
Gender Studies Institute
Research Theme
Research into issues related to gender and sexuali...
Research Director
YUGE, Naoko
Institute for Digital Society
Research Theme
Solving social issues using ICT
Research Director
MITOMO, Hitoshi
Research Institute for Sport Business(RISB)
Research Theme
(1) Collect and analyse data on the sports industr...
Research Director
MATSUMOTO, Taisuke
Institute for Comprehensive Study of Policy Science
Research Director
FUKUSHIMA, Yoshihiko
Research Institute for Strategy of Natural Resources
Research Theme
Mechanical Engineering, Business Studies, Internat...
Research Director
HIRATA, Takeo
Institute of Maritime Law
Research Theme
Establishment of a research area based on the pers...
Research Director
HAKOI, Takashi
Accounting Research Institute
Research Theme
Conceptual, empirical, and institutional research ...
Research Director
SHIMIZU, Nobumasa
Vietnam Research Institute
Research Theme
Economic Development of Vietnam and Industrial Dyn...
Research Director
NABESHIMA, Kaoru
Research Institute for Sports Industry
Research Director
NAKAMURA, Yoshio
Institute of Medical Anthropology on Disaster Reconstruction
Research Theme
This program will pursue various physical, psychol...
Research Director
TSUJIUCHI, Takuya
Sustainable Technology and Law Institute
Research Theme
Comprehensive Research on Legal Issues Concerning ...
Research Director
SHIMOYAMA, Kenji
Institute of the Policy of Social Safety
Research Theme
Interdisciplinary research on measures to prevent ...
Research Director
MATSUZAWA, Shin
Center for Decision Research
Research Theme
Judgment and Decision Research, and Risk Analysis
Research Director
TAKEMURA, Kazuhisa
Research Center for the Legal System of Intellectual Property
Research Theme
Research on intellectual property law
Research Director
UENO, Tatsuhiro
Institute for Social Simulation
Research Director
TAKAHASHI, Shingo
Institute for Water Cycle System Research
Research Theme
Research on how to manage sustainable water supply...
Research Director
TAKASE, Koichi
Institute of Data Science
Research Theme
Data Science, Business Analytics, Machine Learning...
Research Director
GOTO, Masayuki
Institute of Real Estate Studies
Research Director
KAWAGUCHI, Yuichiro
Research Institute for Children's Social Care
Research Theme
Our mission is to improve outcomes for all childre...
Research Director
KAMIKADO, Kazuhiro
Institute of d-Government
Research Theme
Research on Global ICT Stragegy, Digital Governmen...
Research Director
KATO, Atsushi
Institute of Value Creation Management
Research Theme
(1) Customer and Market Development Development of...
Research Director
OHNO, Takahiro
Institute for Transnational Human Resource Management
Research Theme
Research and advice about the Human Resources Mana...
Research Director
HORIE, Tetsu
Research Institute for Environmental Economics and Management
Research Theme
Empirical and interdisciplinary approaches centere...
Research Director
ARIMURA, Toshihide
Institute of Public Policy
Research Theme
The Institute of Public Policy was established on ...
Research Director
AGATA, Kouichiro
Institute for Motivation Science
Research Theme
Development of measures to improve motivation in e...
Research Director
KATSURAYAMA, Yasunori
Governance & Sustainability Research Institute
Research Theme
Contribute to the development of Japan through fut...
Research Director
MALEN, Joel Baker
Center on Finance and Innovation
Research Director
HIBARA, Nobuhiko
Global Family Business Research Institute
Research Theme
Research focused on deepening the family business ...
Research Director
HASEGAWA, Hirokazu
Institute for the Next Generation of Journalism and Media
Research Theme
Engaged in research on constructing a model for ne...
Research Director
TANAKA, Mikihito
Global strategic Leadership Research Institute
Research Theme
Conduct practical research to explore the relation...
Research Director
SUGIURA, Masakazu
Institute of Marketing Communication
Research Theme
To advance the generation and dissemination of soc...
Research Director
ONZO, Naoto
Institute of Global Production & Logistics
Research Theme
Research on developing theory and algorithm for de...
Research Director
OHMORI, Shunichi
Institute for Medical Regulatory Science
Research Theme
The Institute for Medical Regulatory Science promo...
Research Director
IWASAKI, Kiyotaka
Waseda Blue Ocean Shift Institute
Research Theme
To develop a world-class business creation theory ...
Research Director
IKEGAMI, Jusuke
Page Top
WASEDA University

Sorry!
The Waseda University official website
<<https://www.waseda.jp/inst/cro/en/>> doesn't support your system.

Please update to the newest version of your browser and try again.

Continue

Suporrted Browser

Close