Wharton / Penn Risk and Insurance Program

Exhaust Trail of STS-51-L, the Space Shuttle Challenger, destroyed January 28, 1986.
Image 86-HC-220 courtesy of NASA

Our Mission

The Program on Risk and Insurance seeks to promote and disseminate cutting-edge research on risk and insurance at the University of Pennsylvania. Drawing on the work of our world-class faculty, students, and partners, we promote interdisciplinary research on empirical, theoretical, domestic, and global topics in the risk/insurance field. Our topics of interest include corporate, government, and household risk management; property/casualty risk and insurance; health and longevity risk management; pensions and health insurance; the management and financing of extreme events, and legal/regulatory aspects of risk and insurance.

Our activities include a working paper series, conferences and workshops, research projects, and white papers on topics of mutual interest. We offer a hub where academics and practitioners can discuss how modern decision-makers think about making and implementing decisions in an uncertain world. The Program was established in 2012 by the Wharton School of the University of Pennsylvania in conjunction with the Law School, Medical School, and School of Arts and Sciences to promote excellence in risk and insurance research.


The Program on Risk and Insurance actively promotes and funds cutting-edge scholarly research on topics of vital interest to industry, government, and consumers. Research conducted by affiliated faculty and others are posted on the program’s Working Paper website and in leading academic journals.  

Meetings and Lecture Series
The Program plays a leading role in the discussion and formulation of risk and insurance policy. It sponsors and co-hosts a wide range of seminars and conferences throughout the year.
Other Initiatives and Outreach
The Program on Risk and Insurance supports and extends the globalization initiatives of the Wharton School of the University of Pennsylvania. The Program also serves as a liaison between faculty and students and business professionals, calling upon the expertise of an Advisory Board and its diverse membership to promote timely, policy-relevant research.