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Petra Steinorth, Ph.D.

Assistant Professor
Associate Professor
School of Risk Management, Insurance and Actuarial Science
PhD, Ludwig-Maximilians University

Petra is a tenured associate professor at the School of Risk Management (St. John’s University). Her research in the field of risk management and insurance, risk preferences, and employee benefits has received national and international awards, industry grants, as well as media attention. Petra’s interdisciplinary research is published in top tier journals in risk and insurance (Journal of Risk and Insurance), actuarial sciences (Insurance: Mathematics and Economics), health economics (Journal of Health Economics and Health Economics), and public economics (Journal of Public Economics). She has received research funding from the TIAA-Cref foundations and works with several industry partners on joint research topics. Petra has been featured in the Retirement Income Journal and Ignites and is cited in the Handbook of Insurance. Petra serves as an associate editor for the Risk Management and Insurance Review and the Journal of Insurance Issues. She is a regular reviewer for various journals including the Journal of Risk and Insurance, the Journal of Health Economics, and Insurance: Mathematics and Economics. She is a longstanding member of the American Risk and Insurance Association where she has chaired and served on several committees. Petra has been a member of the highly selective Risk Theory Society since her admission during her graduate studies. She is an associate member of the Munich Risk and Insurance Center at Ludwig-Maximilians-Universitaet Muenchen. Petra holds a combined Bachelor's/Master’s degree in Mathematics and Economics from the University of Hamburg, a Master of Business Research and a PhD in public economics from Ludwig-Maximilians-Universitaet Muenchen. Among other prices, Petra’s PhD thesis was awarded with the prestigious Ernst-Meyer-Price of the Geneva Association for significant and original contribution to the study of risk and insurance economics.

Teaching Interests

Life and health insurance, risk management, and insurance economics

Research Interests

Social Insurance, risk preferences, life and health insurance

Courses Taught


Select Publications

Journal Articles

Lange, R., Schiller, J., and Steinorth, P. Demand for Supplemental Health Insurance in Germany – Improving Quality of Care and Closing Coverage Gaps. Geneva Papers on Risk and Insurance - Issues and Practice.

Peter, R., Richter, A., and Steinorth, P. (2016). Yes, no, perhaps? - Explaining the demand for risk classification insurance with incomplete private information. Journal of Risk and Insurance.

Steinorth, P., and Mitchell, O. S. (2015). Valuing Variable Annuities with Guaranteed Minimum Withdrawal Benefits for Lifetime. Insurance: Mathematics and Economics.

Peter, R., Soika, S., and Steinorth, P. (2015). Health insurance, health savings accounts and health care utilization. Health Economics.

Steinorth, P. (2012). The Demand for Enhanced Annuities. Journal of Public Economics. vol. 96, pp. 973-980.

Lange, R., and Steinorth, P. (2012). Using Experiences from the U.S. to implement HSA to German Statutory Health Insurance. Schmollers Jahrbuch/Journal of Applied Social Science Studies. vol. 132, pp. 27-52.

Scordis, N., and Steinorth, P. (2012). Value from Hedging Operating Risk with Reinsurance. Journal of Insurance Issues. vol. 35,

Steinorth, P. (2011). Impact of health savings accounts on precautionary savings, demand for health insurance and prevention effort. Journal of Health Economics.

Steinorth, P. (2008). Enhanced Annuities Produktinnovation als Lösungsstrategie für das Annuity Puzzle?. Zeitschrift fuer die gesamte Versicherungswissenschaft. vol. 97, pp. 71-89.

Petra Steinorth, Ph.D.