Pandemics: Insurance and Social Protection

This open access book collects expert contributions on actuarial modelling and related topics, from machine learning to legal aspects, and reflects on possible insurance designs during an epidemic/pandemic. Starting by considering the impulse given by COVID-19 to the insurance industry and to actuar...

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Bibliographic Details
Other Authors: Boado-Penas, María del Carmen (Editor), Eisenberg, Julia (Editor), Şahin‬‬‬, Şule (Editor)
Format: Electronic Book Chapter
Language:English
Published: Springer Nature 2022
Series:Springer Actuarial
Subjects:
Online Access:DOAB: download the publication
DOAB: description of the publication
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520 |a This open access book collects expert contributions on actuarial modelling and related topics, from machine learning to legal aspects, and reflects on possible insurance designs during an epidemic/pandemic. Starting by considering the impulse given by COVID-19 to the insurance industry and to actuarial research, the text covers compartment models, mortality changes during a pandemic, risk-sharing in the presence of low probability events, group testing, compositional data analysis for detecting data inconsistencies, behaviouristic aspects in fighting a pandemic, and insurers' legal problems, amongst others. Concluding with an essay by a practicing actuary on the applicability of the methods proposed, this interdisciplinary book is aimed at actuaries as well as readers with a background in mathematics, economics, statistics, finance, epidemiology, or sociology. 
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