The Impact of a Pandemic Influenza on Mortality, Temporary Disability and Hospitalization Risks for the Protection Insurance and Hedging Strategies

Marine Habart Corlosquet (), Jacques Janssen, Philippe Lenca () and Raimondo Manca
Additional contact information
Marine Habart Corlosquet: Lab-STICC_TB_CID_DECIDE - Lab-STICC - Laboratoire des sciences et techniques de l'information, de la communication et de la connaissance - UEB - Université européenne de Bretagne - European University of Brittany - ENIB - École Nationale d'Ingénieurs de Brest - UBS - Université de Bretagne Sud - UBO - Université de Brest - Télécom Bretagne - IBNM - Institut Brestois du Numérique et des Mathématiques - UBO - Université de Brest - ENSTA Bretagne - École Nationale Supérieure de Techniques Avancées Bretagne - IMT - Institut Mines-Télécom [Paris] - CNRS - Centre National de la Recherche Scientifique, LUSSI - Département Logique des Usages, Sciences sociales et Sciences de l'Information - UEB - Université européenne de Bretagne - European University of Brittany - Télécom Bretagne - IMT - Institut Mines-Télécom [Paris], GEOARCHI - Institut de Géoarchitecture - UBS - Université de Bretagne Sud - UBO - Université de Brest - IBSHS - Institut Brestois des Sciences de l'Homme et de la Société - UBO - Université de Brest
Jacques Janssen: ULB - Université libre de Bruxelles
Philippe Lenca: Lab-STICC_TB_CID_DECIDE - Lab-STICC - Laboratoire des sciences et techniques de l'information, de la communication et de la connaissance - UEB - Université européenne de Bretagne - European University of Brittany - ENIB - École Nationale d'Ingénieurs de Brest - UBS - Université de Bretagne Sud - UBO - Université de Brest - Télécom Bretagne - IBNM - Institut Brestois du Numérique et des Mathématiques - UBO - Université de Brest - ENSTA Bretagne - École Nationale Supérieure de Techniques Avancées Bretagne - IMT - Institut Mines-Télécom [Paris] - CNRS - Centre National de la Recherche Scientifique, LUSSI - Département Logique des Usages, Sciences sociales et Sciences de l'Information - UEB - Université européenne de Bretagne - European University of Brittany - Télécom Bretagne - IMT - Institut Mines-Télécom [Paris]
Raimondo Manca: UNIROMA - Università degli Studi di Roma "La Sapienza" = Sapienza University [Rome]

Post-Print from HAL

Abstract: As far as Protection Insurance is concerned, the emergence of an influenza pandemic could lead to an excess of claims in the insured population. A pandemic would obviously have a significant impact on Death risk, but could also affect the risk of Temporary Disability and Hospitalisation. The aim of this article is to determine how to model the effects of a pandemic event on mortality risk, and to analyse how a pandemic may affect the risk of Temporary Disability and Hospitalisation. Knowing that a pandemic could cause bankruptcy in the worst scenarios, an insurance company should consider buying adequate coverage. The last part of this article is devoted to the search for a solution to hedge against a pandemic event. This overview is not limited to standardized products sold by reinsurers, but more elaborate and exotic offers are described, with their advantages and drawbacks.

Keywords: Solvency II; Basel II-III; Risk management; Capital; Internal Model (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Published in New Perspectives in Stochastic Modeling and Data Analysis, ISAST, 2014, 6188069874

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01185087

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().