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Topic · Economics and Econometrics

Insurance and Financial Risk Management

Insurance and Financial Risk Management is a research topic within Economics and Econometrics. Science Explorer counts 38k research works in it since 1950. 10.0% of them reached the world's top 10% most cited for their field and year.

This cluster of papers explores the economic implications of insurance market dynamics, including the relationship between insurance and economic growth, risk management strategies, catastrophe bonds, market efficiency, reinsurance practices, financial performance of insurance companies, regulatory impact, and capital allocation.

  • Insurance
  • Economic Growth
  • Risk Management
  • Catastrophe Bonds
  • Market Structure
  • Efficiency
  • Reinsurance
  • Financial Performance
  • Regulation
  • Capital Allocation
Research works
38k
fractional, since 1950
In the world top 10%
3.8k
per year above
Top-10% rate
10.0%
share of its works in the world top 10%
Growth, 2018-21 → 2022-25
+42%
the tick is no change
Largest producer
China
25% of the 10 largest, 2022-now
Insurance and Financial Risk Management

Which countries lead Insurance and Financial Risk Management research?

By volume, China and the United States publish the most (1.4k and 1.3k works in 2022-now).

By volume, 2022-now

  1. 1 China 1.4k works
  2. 2 United States 1.3k works
  3. 3 India 910 works
  4. 4 Indonesia 685 works
  5. 5 United Kingdom 384 works
  6. 6 Nigeria 287 works
  7. 7 Germany 224 works
  8. 8 Türkiye 198 works
  9. 9 Italy 190 works
  10. 10 Australia 173 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

China: 24.9%United States: 22.4%India: 15.7%Indonesia: 11.8%6 others listed: 25.1%25%largest
China1,443 · 24.9%United States1,301 · 22.4%India910 · 15.7%Indonesia685 · 11.8%6 others listed1,456 · 25.1%

Shares of the rows listed above, not of the whole node.

Which institutions lead Insurance and Financial Risk Management research?

By volume in 2022-now, Tribhuvan University publishes the most Insurance and Financial Risk Management research, followed by Jomo Kenyatta University of Agriculture and Technology and University of Indonesia.

By volume, 2022-now

  1. 1 Tribhuvan UniversityNepal 59 works
  2. 2 Jomo Kenyatta University of Agriculture and TechnologyKenya 43 works
  3. 3 University of IndonesiaIndonesia 42 works
  4. 4 Islamic Azad University, TehranIran 37 works
  5. 5 Kenyatta UniversityKenya 37 works
  6. 6 Padjadjaran UniversityIndonesia 33 works
  7. 7 Central University of Finance and EconomicsChina 31 works
  8. 8 Southwestern University of Finance and EconomicsChina 27 works
  9. 9 Nanjing University of Finance and EconomicsChina 26 works
  10. 10 Government of Western AustraliaAustralia 26 works

Who are the leading researchers in Insurance and Financial Risk Management?

The most-cited researchers publishing on Insurance and Financial Risk Management include Amos Tversky, Ted R. Miller and Eugene F. Fama.

  1. 1 Amos Tversky United States 327k citations
  2. 2 Ted R. Miller United States 279k citations
  3. 3 Eugene F. Fama United States 262k citations
  4. 4 Andrei Shleifer United States 234k citations
  5. 5 Michael C. Jensen United States 203k citations
  6. 6 David F. Larcker United States 197k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

What are the most cited papers in Insurance and Financial Risk Management?

The most cited paper in Insurance and Financial Risk Management is "Legal Determinants of External Finance" (RAFAEL LA PORTA, Florencio López‐de‐Silanes, Andrei Shleifer et al., 1997), with 10,059 citations. Next come "Law, finance, and economic growth in China" (4,573) and "Options, Futures and Other Derivatives" (3,987).

Most cited papers
#PaperReleasedCitations
1 Legal Determinants of External Finance RAFAEL LA PORTA, Florencio López‐de‐Silanes, Andrei Shleifer et al. · The Journal of Finance Open access Jul 1997 10,059
2 Law, finance, and economic growth in China Fred H. Allen, Jun “QJ” Qian, Meijun Qian · Journal of Financial Economics 2 Apr 2005 4,573
3 Options, Futures and Other Derivatives Takeaki Kariya, Regina Y. Liu Book chapter 2003 3,987
4 Conditional value-at-risk for general loss distributions R. TYRRELL ROCKAFELLAR, Stan Uryasev · Journal of Banking & Finance Jul 2002 3,758
5 THE INVERSE CARE LAW Julian Tudor Hart · The Lancet Open access Feb 1971 3,303
All 98 most cited papers, with filters and sorting

Where is Insurance and Financial Risk Management research done?

The largest centres of Insurance and Financial Risk Management research in 2022-now are Beijing (China), London (United Kingdom), Jakarta (Indonesia) and Nairobi (Kenya). Among places with at least 20 works in it, it is an unusually large share of all research in Nairobi.

Largest cities, 2022-now

  1. 1 BeijingChina 246 works
  2. 2 LondonUnited Kingdom 133 works
  3. 3 JakartaIndonesia 125 works
  4. 4 NairobiKenya 121 works
  5. 5 ShanghaiChina 109 works
  6. 6 New YorkUnited States 106 works
  7. 7 Washington D.C.United States 97 works
  8. 8 NanjingChina 86 works
  9. 9 BandungIndonesia 84 works
  10. 10 MoscowRussia 82 works

Where it is the local speciality

  1. NairobiKE · 121.1 works16×
← less than its size predicts1×more →

Location quotient: how much more of its research is in Insurance and Financial Risk Management than the world average.

See Insurance and Financial Risk Management on the map

Where is the best place to study Insurance and Financial Risk Management?

Among universities, judged by research, Hong Kong Polytechnic University, University of the Witwatersrand and University of Waterloo score highest, combining citation excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%20%40%mean 21.42%fractional works in this field (log) →share of work in the world top 10% →University of the Wi…Hong Kong Polytechni…University of Hong K…University of Waterloo
above the meannear itbelow it

One dot per university in the first ten of the table below, at the default weights. The upper left is the interesting corner: small places doing unusually strong work.

Citation excellenceshare of its work in the world top 10%, 2022-now and all time averaged
40%
Specialisationhow much of its work is in this field, counted up to 10× the world share
10%
Sizeits output in this field, on a log scale
30%
Growthoutput growth, counted from -20% to +20%
10%
Internationalshare of its work with a co-author abroad
10%
Each slider sets a weight; the share it gets of the score is beside it.
#UniversityScoreTop 10%SpecialisationWorksGrowth
1Hong Kong Polytechnic UniversityChina 68.825.3%2.0×14 +198.6%
2University of the WitwatersrandSouth Africa 64.734.6%3.1×11 +202.7%
3University of WaterlooCanada 63.713.8%4.0×18 +27.4%
4University of Hong KongChina 62.019.2%1.9×14 +29.3%
5Florida Atlantic UniversityUnited States 61.932.6%6.3×10 +185.5%
6University of Illinois Urbana-ChampaignUnited States 60.221.9%2.4×17 +217.1%
7New York UniversityUnited States 59.523.3%1.8×16 +3.5%
8Southwestern University of Finance and EconomicsChina 59.215.4%23.5×27 +197.5%
9Central University of Finance and EconomicsChina 57.811.5%34.4×32 +50.7%
10Imam Mohammad ibn Saud Islamic UniversitySaudi Arabia 56.916.6%6.6×10 +366.2%

Universities only. The score blends citation excellence (40%), size (30%), specialisation (10%), growth (10%), international reach (10%), 2022-now; growth compares 2018-21 with 2022-25 and counts up to +20%, since a jump from a small base is mostly noise.

Every institution in Insurance and Financial Risk Management, country by country

Is Insurance and Financial Risk Management research growing?

Output in 2022-2025 was 42% higher than in 2018-2021, peaking in 2024. The fastest-growing topics are Insurance and Financial Risk Management.

still counting19801990200020102020
grewheldshrank

The same series as a ribbon: one cell per year, darker for more. The line above answers how much; this answers when.

Its share of all research

Growing output can still be a shrinking share: all of science grows. This is Insurance and Financial Risk Management as a percentage of every work published that year, 0.050% in 2024.

still counting0.020%0.040%0.060%Insurance and Financial Risk Management0.040% in 202519801990200020102020

Fractional works of Insurance and Financial Risk Management over all fractional works that year. How the balance of science has shifted.

How much of it reaches the world top 10%

Year by year.

still counting5%10%15%Insurance and Financial Risk Management10.4% in 2025200020102020

Of each year's works in it, the share that reached the world's 10% most cited for their field and year. A field is the world for its own topics, so there is no other line to hold it against.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.

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