Actuarial Modeling of COVID-19 Insurance
In this article, we provide an actuarial model expected to be able to help financial arrangements to cover losses due to the outbreak of coronavirus disease (COVID-19). We construct the dynamical models of premium and benefit based on generalized SEIR (Susceptible-Exposed-Infected-Recovered). Based...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Mathematics Department UIN Maulana Malik Ibrahim Malang
2022-10-01
|
| Series: | Cauchy: Jurnal Matematika Murni dan Aplikasi |
| Subjects: | |
| Online Access: | https://ejournal.uin-malang.ac.id/index.php/Math/article/view/14999 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | In this article, we provide an actuarial model expected to be able to help financial arrangements to cover losses due to the outbreak of coronavirus disease (COVID-19). We construct the dynamical models of premium and benefit based on generalized SEIR (Susceptible-Exposed-Infected-Recovered). Based on its dynamical model, we formulate the premium and the premium reserves on hospitalization and death benefits of the COVID-19 insurance. |
|---|---|
| ISSN: | 2086-0382 2477-3344 |