Covid 19 And Insurance

Author : María del Carmen Boado-Penas,Julia Eisenberg,Şule Şahin
Publisher : Springer Nature
Page : 314 pages
File Size : 52,7 Mb
Release : 2022
Category : Applied mathematics
ISBN : 9783030783341

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Pandemics: Insurance and Social Protection by María del Carmen Boado-Penas,Julia Eisenberg,Şule Şahin Pdf

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.

Author : María Luisa Muñoz Paredes,Anna Tarasiuk
Publisher : Springer Nature
Page : 354 pages
File Size : 47,5 Mb
Release : 2023-01-10
Category : Law
ISBN : 9783031137532

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Covid-19 and Insurance by María Luisa Muñoz Paredes,Anna Tarasiuk Pdf

This book offers a novel study on the impact of the Covid-19 pandemic on insurance from an international and comparative perspective. It assesses how insurance has to adapt to a new landscape, the effects of which will last over time and cut across all areas of the field. To avoid physical contact, digitalisation has accelerated dramatically, affecting insurance in all its phases: risk selection, underwriting, pricing and claims settlement. However, the effects of the Covid-19 pandemic go far beyond that. The extent to which a claim caused directly or indirectly by the virus is or is not covered by a given policy has been the subject of debate in many insurance branches. The most litigated cases worldwide are those that concern damages resulting from business interruption due to restrictions enforced by the authorities in virtually every country. This book analyses the rulings (for and against the insured) that have already been handed down by courts in various jurisdictions (for example in the US, Latin America, Spain and Germany), in order to provide guidance to the parties in future lawsuits and also to guide the courts’ own responses. This analysis extends to the measures that governments have taken in relation to insurance during the pandemic, as well as the changes that insurers have introduced in their general conditions to exclude coverage for the pandemic. This response is unsatisfactory, as the big question is how pandemic-related risks can be covered if private insurers simply refuse to do so. Solutions based on risk sharing with public entities or the use of contractual modalities such as parametric insurance are among those outlined by the authors. The book was written by experts from academia and lawyers specialising in this field, and written for all those interested in the field of insurance: lawyers, judges, academics and legal professionals.

Author : Timothy F. Harris,Aaron S. Yelowitz,Charles Joseph Courtemanche
Publisher : Unknown
Page : 0 pages
File Size : 53,7 Mb
Release : 2020
Category : Electronic
ISBN : OCLC:1228682326

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Did COVID-19 Change Life Insurance Offerings? by Timothy F. Harris,Aaron S. Yelowitz,Charles Joseph Courtemanche Pdf

The profitability of life insurance offerings is contingent on accurate projections and pricing of mortality risk. The COVID-19 pandemic created significant uncertainty, with dire mortality predictions from early forecasts resulting in widespread government intervention and greater individual precaution that reduced the projected death toll. We analyze how life insurance companies changed pricing and offerings in response to COVID-19 using monthly data on term life insurance policies from Compulife. We estimate event-study models that exploit well-established variation in the COVID-19 mortality rate based on age and underlying health status. Despite the increase in mortality risk and significant uncertainty, we find limited evidence that life insurance companies increased premiums or decreased policy offerings due to COVID-19.

Author : Timothy F. Harris,Aaron Yelowitz,Charles J. Courtemanche
Publisher : Unknown
Page : 128 pages
File Size : 52,7 Mb
Release : 2020
Category : Electronic
ISBN : OCLC:1228681391

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Did COVID-19 Change Life Insurance Offerings? by Timothy F. Harris,Aaron Yelowitz,Charles J. Courtemanche Pdf

Abstract: The profitability of life insurance offerings is contingent on accurate projections and pricing of mortality risk. The COVID-19 pandemic created significant uncertainty, with dire mortality predictions from early forecasts resulting in widespread government intervention and greater individual precaution that reduced the projected death toll. We analyze how life insurance companies changed pricing and offerings in response to COVID-19 using monthly data on term life insurance policies from Compulife. We estimate event-study models that exploit well-established variation in the COVID-19 mortality rate based on age and underlying health status. Despite the increase in mortality risk and significant uncertainty, we find limited evidence that life insurance companies increased premiums or decreased policy offerings due to COVID-19

Author : Divya Kirti
Publisher : International Monetary Fund
Page : 59 pages
File Size : 54,7 Mb
Release : 2017-08-07
Category : Business & Economics
ISBN : 9781484314395

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When Gambling for Resurrection is Too Risky by Divya Kirti Pdf

Rather than taking on more risk, US insurers hit hard by the crisis pulled back from risk taking, relative to insurers not hit as hard by the crisis. Capital requirements alone do not explain this risk reduction: insurers hit hard reduced risk within assets with identical regulatory treatment. State level US insurance regulation makes it unlikely this risk reduction was driven by moral suasion. Other financial institutions also reduce risk after large shocks: the same approach applied to banks yields similar results. My results suggest that, at least in some circumstances, franchise value can dominate, making gambling for resurrection too risky.

Author : Karen Monaghan
Publisher : Unknown
Page : 34 pages
File Size : 49,9 Mb
Release : 2003
Category : Communicable diseases
ISBN : IND:30000102913963

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SARS by Karen Monaghan Pdf

Author : National Academies of Sciences, Engineering, and Medicine,Health and Medicine Division,Board on Population Health and Public Health Practice,Board on Health Sciences Policy,Committee on Equitable Allocation of Vaccine for the Novel Coronavirus
Publisher : National Academies Press
Page : 273 pages
File Size : 42,8 Mb
Release : 2020-11-30
Category : Medical
ISBN : 9780309682244

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Framework for Equitable Allocation of COVID-19 Vaccine by National Academies of Sciences, Engineering, and Medicine,Health and Medicine Division,Board on Population Health and Public Health Practice,Board on Health Sciences Policy,Committee on Equitable Allocation of Vaccine for the Novel Coronavirus Pdf

In response to the coronavirus disease 2019 (COVID-19) pandemic and the societal disruption it has brought, national governments and the international community have invested billions of dollars and immense amounts of human resources to develop a safe and effective vaccine in an unprecedented time frame. Vaccination against this novel coronavirus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), offers the possibility of significantly reducing severe morbidity and mortality and transmission when deployed alongside other public health strategies and improved therapies. Health equity is intertwined with the impact of COVID-19 and there are certain populations that are at increased risk of severe illness or death from COVID-19. In the United States and worldwide, the pandemic is having a disproportionate impact on people who are already disadvantaged by virtue of their race and ethnicity, age, health status, residence, occupation, socioeconomic condition, or other contributing factors. Framework for Equitable Allocation of COVID-19 Vaccine offers an overarching framework for vaccine allocation to assist policy makers in the domestic and global health communities. Built on widely accepted foundational principles and recognizing the distinctive characteristics of COVID-19, this report's recommendations address the commitments needed to implement equitable allocation policies for COVID-19 vaccine.

Author : Maxi Scherer,Niuscha Bassiri,Mohamed S. Abdel Wahab
Publisher : Kluwer Law International B.V.
Page : 314 pages
File Size : 45,8 Mb
Release : 2020-11-17
Category : Law
ISBN : 9789403528434

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International Arbitration and the COVID-19 Revolution by Maxi Scherer,Niuscha Bassiri,Mohamed S. Abdel Wahab Pdf

International Arbitration and the COVID-19 Revolution Edited by Maxi Scherer, Niuscha Bassiri & Mohamed S. Abdel Wahab The impact of the COVID-19 pandemic on all major economic sectors and industries has triggered profound and systemic changes in international arbitration. Moreover, the fact that entire proceedings are now being conducted remotely constitutes so significant a deviation from the norm as to warrant the designation ‘revolution’. This timely book is the first to describe and analyse how the COVID-19 crisis has redefined arbitral practice, with critical appraisal from well-known practitioners of the pandemic’s effects on substantive and procedural aspects from the commencement of proceedings until the enforcement of the award. With practical guidance from a variety of perspectives – legal, practical, and sector-specific – on the conduct of international arbitration during the COVID-19 pandemic and beyond, the chapters present leading practitioners’ insights into the unprecedented and multifaceted issues that arise. They provide expert tips and challenges in such practical matters as the following: preventing and resolving disputes of particular types – construction, energy, aviation, technology, media and telecommunication, finance and insurance; arbitrator appointments; issues of planning, preparation and sample procedural orders; witness preparation and cross-examination; e-signature of arbitral awards; setting aside and enforcement proceedings; and third-party funding. Also included are an empirical survey of users’ views and an overview of how the COVID-19 revolution has affected the arbitration rules of leading arbitral seats. With this timely and practical book, arbitration practitioners and scholars will gain up-to-date knowledge of sector-specific challenges brought about by the COVID-19 pandemic and approach arbitration proceedings with an understanding of the most important legal and practical considerations during the crisis and beyond.

Author : Colleen M. Flood,Vanessa MacDonnell,Jane Philpott,Sophie Thériault,Sridhar Venkatapuram
Publisher : University of Ottawa Press
Page : 850 pages
File Size : 48,5 Mb
Release : 2020-07-14
Category : Social Science
ISBN : 9780776636436

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Vulnerable by Colleen M. Flood,Vanessa MacDonnell,Jane Philpott,Sophie Thériault,Sridhar Venkatapuram Pdf

The novel coronavirus SARS-CoV-2, which causes the disease known as COVID-19, has infected people in 212 countries so far and on every continent except Antarctica. Vast changes to our home lives, social interactions, government functioning and relations between countries have swept the world in a few months and are difficult to hold in one’s mind at one time. That is why a collaborative effort such as this edited, multidisciplinary collection is needed. This book confronts the vulnerabilities and interconnectedness made visible by the pandemic and its consequences, along with the legal, ethical and policy responses. These include vulnerabilities for people who have been harmed or will be harmed by the virus directly and those harmed by measures taken to slow its relentless march; vulnerabilities exposed in our institutions, governance and legal structures; and vulnerabilities in other countries and at the global level where persistent injustices harm us all. Hopefully, COVID-19 will forces us to deeply reflect on how we govern and our policy priorities; to focus preparedness, precaution, and recovery to include all, not just some. Published in English with some chapters in French.

Author : Lars Jonung,Werner Röger
Publisher : Unknown
Page : 40 pages
File Size : 43,6 Mb
Release : 2006
Category : Epidemics
ISBN : IND:30000116373154

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The Macroeconomic Effects of a Pandemic in Europe by Lars Jonung,Werner Röger Pdf

Author : OECD
Publisher : OECD Publishing
Page : 381 pages
File Size : 52,8 Mb
Release : 2021-11-25
Category : Electronic
ISBN : 9789264505377

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COVID-19 and Well-being Life in the Pandemic by OECD Pdf

COVID-19 and Well-being: Life in the Pandemic explores the immediate implications of the pandemic for people’s lives and livelihoods in OECD countries. The report charts the course of well-being – from jobs and incomes through to social connections, health, work-life balance, safety and more – using data collected during the first 12-15 months of the pandemic.

Author : Canada. Comité consultatif national de l'immunisation,Canada. National Advisory Committee on Immunization
Publisher : Unknown
Page : 392 pages
File Size : 47,8 Mb
Release : 2006
Category : Immunization
ISBN : 0660193922

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Canadian Immunization Guide by Canada. Comité consultatif national de l'immunisation,Canada. National Advisory Committee on Immunization Pdf

The seventh edition of the Canadian Immunization Guide was developed by the National Advisory Committee on Immunization (NACI), with the support ofthe Immunization and Respiratory Infections Division, Public Health Agency of Canada, to provide updated information and recommendations on the use of vaccines in Canada. The Public Health Agency of Canada conducted a survey in 2004, which confi rmed that the Canadian Immunization Guide is a very useful and reliable resource of information on immunization.

Author : Neil Fawcett
Publisher : Unknown
Page : 0 pages
File Size : 49,8 Mb
Release : 2022-04-22
Category : Electronic
ISBN : 1913715779

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A Practical Guide to Business Interruption Insurance by Neil Fawcett Pdf

A practical guide to a fast-developing area of law of substantial importance to businesses hit by the effects of COVID-19 and the imposition of restrictions by the UK Government. The book explains in practical terms the complex decisions in the FCA test case and subsequent appeal to the UK Supreme Court, dealing with the key differences between policies, the definitions of specific words and phrases in insurance contracts, and the new approach to causation in claims arising from the pandemic. This guide provides a walk through of examples of policy wordings, recent decided cases, FCA guidance and the practical and tactical aspects of insurance litigation. It is suitable for practitioners and businesses alike. ABOUT THE AUTHOR Neil Fawcett was called to the Bar of England and Wales in 2006 and was appointed a Deputy District Judge in 2015 sitting in the civil jurisdiction. He currently practices at the Bar from 3 Paper Buildings in the fields of Commercial and Chancery Litigation, with a particular focus on Insurance, Property, and Commercial litigation. CONTENTS Chapter One - COVID-19 Chapter Two - Government Intervention Chapter Three - Categories of Business Chapter Four - The FCA Test Case Chapter Five - Policies and Clauses Chapter Six - The Nature of Insurance Policies Chapter Seven - Causation Chapter Eight - Disease Clauses Chapter Nine - Denial of Access Clauses Chapter Ten - The Measure of Loss Chapter Eleven - Insurance Claims Chapter Twelve - Broker Claims Chapter Thirteen - Litigation Funding Appendix - Sample Particulars of Claim

Author : Vanessa C. Forsberg
Publisher : Unknown
Page : 15 pages
File Size : 40,6 Mb
Release : 2020
Category : COVID-19 (Disease)
ISBN : LCCN:2020253309

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COVID-19 and private health insurance coverage by Vanessa C. Forsberg Pdf

Author : Dean T. Jamison,Hellen Gelband,Susan Horton,Prabhat Jha,Charles N. Mock,Rachel Nugent
Publisher : World Bank Publications
Page : 426 pages
File Size : 41,5 Mb
Release : 2017-12-06
Category : Medical
ISBN : 9781464805288

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Disease Control Priorities, Third Edition (Volume 9) by Dean T. Jamison,Hellen Gelband,Susan Horton,Prabhat Jha,Charles N. Mock,Rachel Nugent Pdf

As the culminating volume in the DCP3 series, volume 9 will provide an overview of DCP3 findings and methods, a summary of messages and substantive lessons to be taken from DCP3, and a further discussion of cross-cutting and synthesizing topics across the first eight volumes. The introductory chapters (1-3) in this volume take as their starting point the elements of the Essential Packages presented in the overview chapters of each volume. First, the chapter on intersectoral policy priorities for health includes fiscal and intersectoral policies and assembles a subset of the population policies and applies strict criteria for a low-income setting in order to propose a "highest-priority" essential package. Second, the chapter on packages of care and delivery platforms for universal health coverage (UHC) includes health sector interventions, primarily clinical and public health services, and uses the same approach to propose a highest priority package of interventions and policies that meet similar criteria, provides cost estimates, and describes a pathway to UHC.