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Company Directors: Duties, Liabilities and Remedies

Edited by: Mark Arnold KC, Simon Mortimore KC
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Pandemics: Insurance and Social Protection

Edited by: María del Carmen Boado-Penas, Julia Eisenberg, Şule Şahin‬‬‬

ISBN13: 9783030783365
Published: November 2021
Publisher: Springer-Verlag
Country of Publication: Switzerland
Format: Paperback
Price: £34.99



Low stock.

This 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.

Subjects:
Insurance Law
Contents:
M.C. Boado-Penas, J. Eisenberg, S. Sahin: Covid-19: a trigger for innovations in insurance?
Jose Garrido: Compartment models
David Wilkie: On a dynamic epidemiological actuarial model
Andrew Cairns: Changes in mortality during a pandemic
Gary Venter: Mortality models with contagion - Diagnostic tests and procedures during a pandemic
Matthew Aldridge: Group tests
Gustavo Demarco and Fiona Stewart: On World Bank's pandemic emergency financial facilities
Hirbod Assa & Tim Boonen: Mathematical modelling of catastrophe bonds
Nuria Badenes Pla: Behaviouristic aspects, obedience to the introduced measures in different countries
Alexia Furnkranz-Prskawetz:The optimal length and severity of a lockdown
Peter Filzmoser: The optimal length and severity of a lockdown
Rachel Hillier: Pandemic related legal problems
Frank Schiller: An actuary's opinion