BNET Industries
Last Fiscal Year Sales:$3.0B
- Private
- US
Dow Jones Description
At the University of Pennsylvania, you'll find a historic, Ivy League school with highly selective admissions and a history of innovation in interdisciplinary education and scholarship. You'll also find a picturesque campus amidst a dynamic city and a world-class research institution. Today Penn is home to a diverse undergraduate student body of nearly 10,000, hailing from every state in the union and all around the globe. Admissions are among the most selective in the country and Penn consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Another 10,000 students are enrolled in Penn's 12 graduate and professional schools, which are national leaders in their fields. The Wharton School is consistently one of the nation's top three business schools. The School of Nursing is one of the two best in the U.S. The School of Arts and Sciences, Graduate School of Education, Law School, School of Medicine, School of Veterinary Medicine, and Annenberg School for Communication all rank among the top 10 schools in their fields.
Number of Employees 20,000
NAICS Code Colleges, Universities, and Professional Schools: 611310
Recent Events
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University of Pennsylvania president Gutmann to chair Obama’s bioethics commission
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Vendor Notebook - Siemens Healthcare to provide Penn with integrated service management
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CSC Renews its Contract with the University of Pennsylvania through 2012
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Remembering Marie Little
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Debate surrounds new prostate-cancer treatment
News & Analysis
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insurance and university of pennsylvania - All News and Analysis
Rules Rather Than Discretion: Lessons From Hurricane Katrina
This paper explores options for programs to be put in place prior to a disaster to avoid large and often poorly-managed expenditures following a catastrophe and to provide appropriate protection against the risk of those large losses which do occur. The lack of interest in insurance protection and mitigation by...
Wanted: Owners
State Sen. Vince Fumo is on the list. So are Comcast execs Brian and Ralph Roberts. Mayor Street, Campbell Soup heiress Dorrance Hill Hamilton, U.S. Sen. Arlen Specter, and the late Ambassador to Britain Walter Annenberg are on it, too. So are various institutions, including the University of Pennsylvania...
Has the Time Come for Comprehensive Natural Disaster Insurance?
This paper examines the role that insurance coupled with mitigation can play in reducing losses from future natural disasters while at the same time providing funds for recovery. After examining the decision processes of three interested parties who will be at the centerpiece of such a program, residents in hazard-prone...
Credit Risk Transfer and Contagion
Some have argued that recent increases in credit risk transfer are desirable because they improve the diversification of risk. Others have suggested that they may be undesirable if they increase the risk of financial crises. Using a model with banking and insurance sectors, this paper shows that credit risk transfer...
Life Insurance and the Value of Spouses: Labor Supply Vs. Household Production
To understand women's decision on labor market participation, it is crucial to correctly measure the value of household production as well as earning ability. Researchers have attempted to measure home production and other nonmarket activity by looking at the amount of time devoted to nonmarket production or the amount of...
Financial and Management Practice in a Voluntary Medical Insurance Company in the Developed World
The paper provides a summative evaluation of the financial and management practice of voluntary health insurance in UK, Australia, New Zealand, and Ireland from the practitioner's view point. From a statistical perspective, the paper concentrates on Australia, as one of the few environments where there is a wealth of publicly...
TRIA and Beyond: What Would Be the Most Effective Way for the Nation to Recover From (Mega)-Terrorist Attacks?
Estimating the risk of a terrorist attack is problematic because of limited historical data, divergent models, and differing expert judgments on the likelihood and impact of an attack. Therefore, professionals seeking to manage the risk are further challenged by uncertainty over whether to buy insurance, by how to conduct appropriate...
Challenges for Terrorism Risk Insurance in the United States
The terrorist attacks on September 11, 2001, against the United States raise a fundamental question about the responsibilities of the public and private sectors in reducing the risks of terrorist attacks and in providing adequate financial protection to victims of catastrophes. In the field of risk management and insurance, terrorism...
What You Don't Know Can Hurt You: Terrorism Losses and All Perils Insurance
This paper deals with the role of insurance from catastrophic events due to causes that were thought by the industry to be of sufficiently low probability that they were not cause for concern. Traditionally, property-casualty insurance provided protection only from named causes, but over time has evolved into contracts that...
Can Big Blue Succeed in BPO?
After decades of specializing as a computer manufacturer and provider of computer-related services, Big Blue IBM in the past year or two has been heading into some not-terribly-technical fields. Today's IBM processes thousands of insurance claims, ensures that Procter & Gamble employees get paid, and takes charge of repairing televisions...

