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Mission Statement: Center for Risk
Management and Insurance
The Center for Risk Management and Insurance is designed to conduct and disseminate research relevant to the operational concerns and public policy implications of risk analysis and risk management. The mission of the Center is to be the premier independent research resource for public policy decision makers within the state of Texas concerning issues related to risk and its analysis and management, and for insurance research in general. We provide independent unbiased analysis of public policy issues related to insurance and risk, and provide rigorous examination of issues involving risk, uncertainty, and insurance.
The Center researches broadly in areas of management and analysis of risk and uncertainty (including statistics) and researches risk handling through risk sharing, risk transfer, and risk pooling mechanisms (e.g., insurance or capital market solutions). Research topics include: analysis of and public policy implications of the use of credit scoring in insurance, environmental risks and their handling, management of risks in the private and public sectors; the social, ethical and financial implications of genetic testing for risk and insurance underwriting, insurance finance, the demand for insurance, moral hazard, and adverse selection problems in insurance, issues in insurance regulation; actuarial and statistical methodology; efficiency of insurance organizations, regulatory issues in automobile insurance, and other topics in risk, insurance, and risk management.
An
integral part of the Center’s mission is the dissemination of research in peer
reviewed academic journals. Furthering this goal is the sponsorship and
editing of The Journal of Risk and Insurance within the
Center. The Journal of Risk and Insurance is the flagship
journal of the American Risk and Insurance Association, and is the premier
academic journal in risk management and insurance research in the world.
Documenting the preeminence of The Journal of Risk and Insurance are
several studies on the impact of scholarly journals. For example, in a survey of
business school deans, The Journal of Risk and Insurance is ranked as the
most influential risk and insurance journal. Another study examined
journal subscriptions of libraries at universities whose business schools are
accredited by the American Association of Collegiate Schools of Business (AACSB)
and found that The Journal of Risk and Insurance's market penetration in
accredited business schools is three times as high as that of the second ranking
refereed risk and insurance journal and comparable to that of most finance
journals. A study of journals in the area of risk and insurance found that
The Journal of Risk and Insurance ranked first in terms of the number of
citations in the refereed insurance literature and was in a closely ranked group
of three journals at the top of the insurance impact rankings. The Journal of
Risk and Insurance is indexed by the American Economic Association's
Economic Literature Index, the Finance Literature Index, the Social Sciences
Citation Index, ABI/Inform, and other major indexing services. | ||
Send your questions or comments
to
pat.arnold@mccombs.utexas.edu | ||