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Satellite radar picture of the Earth's surface during an earthquake.
Image courtesy of NASA/JPL
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Mission
Wharton's Insurance and Risk Management Department, the first of its kind in the world, approaches its field from a number of different perspectives: as a market,
a risk management technique, a business, and as an instrument of public policy. Wharton faculty examine insurance against a background of accelerating change in the legal,
regulatory, organizational, and economic environment in which businesses operate. Other risk management tools are evaluated from a financial management viewpoint.
The department also focuses on actuarial science, which includes actuarial mathematics, statistics, computer technology, and operations research, as well as insurance and
other business disciplines.