Annette Hofmann, Ph.D.

Associate Professor
Annette Hofmann, Ph.D. is an Associate Professor in the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science, Tobin College of Business. She holds the Robert F. Corroon endowed Chair in Risk. She is also the director of the Master of Science Program in Risk Management and Risk Analytics. Prior to joining the faculty of St. John’s University, Dr. Hofmann was a professor and director of the Risk Management and Insurance MBA program at Hamburg School of Business Administration in Germany. She earned her Habilitation and Ph.D. from the University of Hamburg. Among others, she has published in the Journal of Risk and Insurance, Journal of Risk and Uncertainty,Geneva Risk and Insurance Review, European Journal of Health Economics, Journal of Banking and Finance, and Economics Letters. One of her papers was selected for the Geneva Risk and Insurance Review’s 40th Anniversary Edition in 2015., where the 10 most influential papers published in the Review up to 2015 were selected to be reprinted. She is a member of the American Risk and Insurance Association, the European Group of Risk and Insurance Economists, and Risk Theory Society.
A selection of recent publications is below. For a complete publication record, click on Personal Website [box on the right].

Research Interests

Economics of risk and uncertainty, insurance markets, decision-making under risk, prevention and health, health insurance, health economics.

Courses Taught


Select Publications

Journal Articles

Hofmann, A., and Eugster, P. (2020). Guaranteed Renewability in Health Insurance: Taking into Account Changes in Risk Status and Cost of Dying. Journal of Insurance Regulation.

Hofmann, A., Richter, A., Steinorth, P., Browne, M. J., and Roth, S. (2020). Peer Effects in Risk Taking: Evidence from Germany. Annals of Operations Research.

Hofmann, A., and Rogalla, R. (2020). Intermediary Compensation under Endogenous Advice Quality in Insurance Markets. Journal of Insurance Issues. vol. 43, pp. 79-108.

Hofmann, A., Neumann, J., and Zweifel, P. (2019). Risky Health Decisions under Regulatory Constraints. Journal of Risk and Uncertainty. vol. 59,

Hofmann, A., Wheatley, S., and Sornette, D. (2019). Addressing insurance of data breach cyber risks in the catastrophe framework. Geneva Papers on Risk and Insurance - Issues and Practice.

Hofmann, A., and Rothschild, C. (2019). On the Efficiency of Self-Protection with Spillovers in Risk. Geneva Risk and Insurance Review.

Hofmann, A., and Scordis, N. A. (2018). Challenges in applying Risk Management Concepts in Practice. Risk Management and Insurance Review. vol. 21, pp. 309-333.

Hofmann, A., Neumann, J. K., and Pooser, D. (2018). Plea for Uniform Regulation and Challenges of Implementing the New Insurance Distribution Directive. Springer : Geneva Papers on Risk and Insurance - Issues and Practice [Special Issue on Insurance Regulation]. vol. 43, pp. 740-769.

Hofmann, A., and Pelster, M. (2018). About the Fear of Reputational Loss: Social Trading and the Disposition Effect. Journal of Banking and Finance . vol. 94, pp. 75-88.

Hofmann, A., Haefen, O. V., and Nell, M. (2018). Optimal Insurance Policy Indemnity Schedules with Policyholders' Limited Liability and Background Risk. Journal of Risk and Insurance. pp. forthcoming.

Hofmann, A., and Peter , R. (2016). Self-Insurance, Self-Protection, and Saving: On Consumption Smoothing and Risk Management. Journal of Risk and Insurance. vol. 83, pp. 719-734.

Hofmann, A. (2015). Internalizing Externalities of Loss Prevention through Insurance Monopoly: An Analysis of Interdependent Risks (Reprint). Geneva Risk and Insurance Review (40th Anniversary Edition, Reprint from 2007). pp. 92-111.

Hofmann, A., and Peter , R. (2015). Multivariate Prevention Decisions: Safe Today or Sorry Tomorrow?. Economics Letters. vol. 128, pp. 51-53.

Hofmann, A., Shehu , E., Langmaak, A., and Clement, M. (2014). The Healthy Donor Effect and Satisfaction with Health. European Journal of Health Economics. vol. 16, pp. 1-13.

Hofmann, A., and Browne, M. J. (2013). One-sided Commitment in Dynamic Insurance Contracts: The Market for Private Health Insurance in Germany. Journal of Risk and Uncertainty. vol. 46, pp. 81-112.

Hofmann, A., and Nell , M. (2012). Smoking Bans and the Second-hand Smoking Problem: An Economic Analysis. European Journal of Health Economics. vol. 13, pp. 227-236.

Hofmann, A., and Nell , M. (2011). Information Cost, Broker Compensation and Collusion in Insurance Markets. Germany: Schmalenbach Business Review . vol. 63, pp. 287-307.