Prof. Dr. Andreas Richter
Head of the Institute
Institute for Risk Management and Insurance
Chairman of the Munich Risk and Insurance Center
Office hours:
by appointment
Postal address:
Geschwister-Scholl-Platz 1
80539 Munich
Curriculum Vitae
- since 10/2013
- Vice Dean, Munich School of Management, LMU Munich
- 2011-2013
- Dean, Munich School of Management, LMU Munich
- since 02/2010
- Director, Munich Risk and Insurance Center
- since 10/2007
- Academic Director, Executive Program "Executive Master of Insurance", LMU Munich
- 2006-2010
- Advisor and Guest Lecturer, Chinese-German University College, Tongji University Shanghai, China
- since 01/2006
- Professor of Risk and Insurance; Chair, Institute for Risk Management and Insurance (INRIVER), Munich School of Management, LMU Munich
- 2004-2007
- Guest lecturer at Friedrich-Alexander-University Erlangen-Nürnberg
- 08/2003-12/2005
- Assistant Professor (Tenure Track), Department of Finance, Insurance and Law and Katie School of Insurance and Financial Services at Illinois State University
- 11/2002
- Habilitation, University of Hamburg
- 04/1999-10/1999
- Postdoctoral fellow at the Wharton School of the University of Pennsylvania (Philadelphia)
- 1998 - 2003
- Assistant Professor, Institute for Risk and Insurance, University of Hamburg
- 07/1998
- Doctorate (Dr.rer.pol.), University of Hamburg
- 1994
- Diplom, Business Administration and Mathematics, University of Hamburg
Awards and Grants
- 2013
- Research grant for the "Behavioral Risk and Insurance Research Group" from LMUexcellent
- 2008
- Harold D. Skipper Best Paper Award, Asia-Pacific Risk and Insurance Association
- 2007, 2008, 2013
- Research grants from the German Insurance Science Association
- 2004, 2005
- Summer research grants, Katie School of Insurance, Illinois State University
- 2002
- Hamburg Insurance Science Award
- 2001
- Outstanding Paper Award, 5th Annual Conference of the Asia-Pacific Risk and Insurance Association
- 2000
- Dissertation awarded the Ernst Meyer Prize of the International Association for the Study of Insurance Economics (The Geneva Association)
- 1999
- Research grant from the German Academic Exchange Service (DAAD)
Research Interests
- Microeconomic theory of insurance
- Law and economics
- Management of catastrophe risks
Professional Service
- Past President, American Risk and Insurance Association
- Executive Board, European Group of Risk and Insurance Economists
- Editorial Board, Journal of Risk and Insurance (2006-2018)
- Associate Editor, Geneva Risk and Insurance Review
- Editorial Board, Geneva Papers on Risk and Insurance - Issues and Practice
- Advisory Board, Federal Financial Supervisory Authority (BaFin)
- Advisory Board, Insurance Ombudsman
- Editorial Board, Journal of Insurance Issues (until 2019)
- Advisory Board, International Center for Insurance Regulation, House of Finance, Goethe University, Frankfurt (2012-2014)
- International Advisory Board, Risk and Insurance Research Center, National Chengchi University, Taiwan
- Advisory Board, SKKU Graduate School of Insurance, South Korea
- Board of Trustees, Bavarian Finance Center
Publications
- Moderne Verhaltensökonomie in der Versicherungswirtschaft, Wiesbaden 2018.
- Risiko und Versicherungstechnik - Eine ökonomische Einführung, Wiesbaden 2018.
- Zu Funktion und Ausgestaltung von Haftungsregeln bei Risikoaversion - Eine ökonomische Analyse unter besonderer Berücksichtigung von Kumulrisiken und unvollkommenen Versicherungsmöglichkeiten, Dissertation, Karlsruhe 1999.
- Adverse Selektion auf Versicherungsmärkten - Informationsökonomische Analyse bei exogener, vom Versicherer nicht beobachtbarer Schadenverteilung, Karlsruhe 1995.
- Holzapfel, J., Peter, R. and Richter, A., 2023. Mitigating moral hazard with usage‐based insurance. Journal of Risk and Insurance.
- Huber, T., Jaspersen, J.G., Richter, A. and Strümpel, D., 2023. On the change of risk aversion in wealth: a field experiment in a closed economic system. Experimental Economics, 26(1), pp.1-26.
- Browne, M.J., Jäger, V., Richter, A. and Steinorth, P., 2022. Family changes and the willingness to take risks. Journal of Risk and Insurance, 89(1), pp.187-209.
- Li, L., Richter, A. and Steinorth, P., 2023. Mental health changes and the willingness to take risks. The Geneva Risk and Insurance Review, 48(1), pp.31-62.
Further journal articles can be found under Open Access LMU: Journal Articles.
The working papers can be found at Open Access LMU: Papers.
- Biagini, F.; Richter, A.; Schlesinger, H. (Hrsg.): Risk Measures and Attitudes, 2013.
- Hesberg, D.; Nell. M.; Richter, A.; Schott, W. (Hrsg.): Versicherungsbetriebslehre: Kernfragen aus entscheidungsorientierter Sicht, Karlsruhe 2000.
Further publications can be found under Open Access LMU: Further Publications.