Insurance design for the loss of epidemic outbreaks involving Cramér–Lundberg model
A simple model of the insurance coverage for the damage of COVID-19 is introduced. Concerning the estimation of the numbers of patients and/or deaths, we employ the Cramér–Lundberg model for the risk process, which is combined with the discrete SIR model. Under various premium principles, we are abl...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
World Scientific Publishing
2024-12-01
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| Series: | International Journal of Mathematics for Industry |
| Subjects: | |
| Online Access: | https://www.worldscientific.com/doi/10.1142/S2661335224500151 |
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