Ruin problems for epidemic insurance

2021 ◽  
Vol 53 (2) ◽  
pp. 484-509
Author(s):  
Claude Lefèvre ◽  
Matthieu Simon
Keyword(s):  
Insurance Coverage ◽  
Matrix Analytic Methods ◽  
Sir Epidemic Model ◽  
Ruin Time ◽  
Probability Of Ruin ◽  
Closed Population ◽  
Sir Epidemic ◽  
Sir Epidemic Models ◽  
Care Costs ◽  
Final Amount

AbstractThe paper discusses the risk of ruin in insurance coverage of an epidemic in a closed population. The model studied is an extended susceptible–infective–removed (SIR) epidemic model built by Lefèvre and Simon (Methodology Comput. Appl. Prob.22, 2020) as a block-structured Markov process. A fluid component is then introduced to describe the premium amounts received and the care costs reimbursed by the insurance. Our interest is in the risk of collapse of the corresponding reserves of the company. The use of matrix-analytic methods allows us to determine the distribution of ruin time, the probability of ruin, and the final amount of reserves. The case where the reserves are subjected to a Brownian noise is also studied. Finally, some of the results obtained are illustrated for two particular standard SIR epidemic models.

scholarly journals Bifurcation analysis of an SIR epidemic model with saturated treatment function

2021 ◽  
Author(s):  
Phuc Ngo
Keyword(s):  
Epidemic Models ◽  
Stable Node ◽  
Sir Epidemic Model ◽  
Treatment Rate ◽  
Globally Asymptotically Stable ◽  
Sir Epidemic ◽  
Treatment Function ◽  
Sir Epidemic Models ◽  
Saturated Treatment ◽  
Disease Free

In this thesis we investigate the dynamics and bifurcation of SIR epidemic models with horizontal and vertical transmissions and saturated treatment rate. It is proved that such SIR epidemic models always have positive disease free equilibria and also have three positive epidemic equilibria. The ranges of the parameters related in the model were found under which the equilibria of the models are positive. By applying the qualitative theory of planar systems, it is shown the disease free equilibria is a saddle, stable node and globally asymptotically stable. Furthermore, it is also shown that the interior equilibria are saddle, saddle node or saddle point.

Identifying the number of unreported cases in SIR epidemic models

2019 ◽  
Vol 37 (2) ◽  
pp. 243-261 ◽  
Author(s):  
A Ducrot ◽  
P Magal ◽  
T Nguyen ◽  
G F Webb
Keyword(s):  
New York ◽  
Seasonal Influenza ◽  
Influenza Epidemic ◽  
Sir Epidemic Model ◽  
Sir Epidemic ◽  
Sir Epidemic Models ◽  
Relationship Of ◽  
The Relationship ◽  
Case Data ◽  
Epidemic Diseases

Abstract An SIR epidemic model is analysed with respect to the identification of its parameters and initial values, based upon reported case data from public health sources. The objective of the analysis is to understand the relationship of unreported cases to reported cases. In many epidemic diseases the reported cases are a small fraction of the unreported cases. This fraction can be estimated by the identification of parameters for the model from reported case data. The analysis is applied to the Hong Kong seasonal influenza epidemic in New York City in 1968–1969.

scholarly journals Bifurcation analysis of an SIR epidemic model with saturated treatment function

2021 ◽  
Author(s):  
Phuc Ngo
Keyword(s):  
Epidemic Models ◽  
Stable Node ◽  
Sir Epidemic Model ◽  
Treatment Rate ◽  
Globally Asymptotically Stable ◽  
Sir Epidemic ◽  
Treatment Function ◽  
Sir Epidemic Models ◽  
Saturated Treatment ◽  
Disease Free

In this thesis we investigate the dynamics and bifurcation of SIR epidemic models with horizontal and vertical transmissions and saturated treatment rate. It is proved that such SIR epidemic models always have positive disease free equilibria and also have three positive epidemic equilibria. The ranges of the parameters related in the model were found under which the equilibria of the models are positive. By applying the qualitative theory of planar systems, it is shown the disease free equilibria is a saddle, stable node and globally asymptotically stable. Furthermore, it is also shown that the interior equilibria are saddle, saddle node or saddle point.

Analisis Titik Kesetimbangan Dan Kestabilan Penyebaran Penyakit Malaria di Distrik Manokwari Barat Berdasarkan Model Epidemik SIR

2012 ◽  
Vol 8 (2) ◽  
Author(s):  
Fandy Fandy ◽  
Andi Fajeriani Wyrasti ◽  
Tri Widjajanti
Keyword(s):  
Epidemic Model ◽  
Sir Epidemic Model ◽  
Endemic Diseases ◽  
Sir Epidemic

<em>Stability and equilibrium of malaria&rsquo;s epidemics in Manokwari Barat district based on SIR epidemic model will be discussed in this paper. The SIR epidemic model can be applied to make a model of endemic diseases like malaria. Based on this research, there are 2 types of the equilibrium of malaria&rsquo;s epidemics in Manokwari Barat District, endemic and non endemic point.</em>

scholarly journals Using Unstated Cases to Correct for COVID-19 Pandemic Outbreak and Its Impact on Easing the Intervention for Qatar

Biology ◽  
2021 ◽  
Vol 10 (6) ◽  
pp. 463
Author(s):  
Narjiss Sallahi ◽  
Heesoo Park ◽  
Fedwa El Mellouhi ◽  
Mustapha Rachdi ◽  
Idir Ouassou ◽  
...  
Keyword(s):  
Public Health ◽  
A Priori ◽  
Epidemiological Models ◽  
Sir Epidemic Model ◽  
Gulf Region ◽  
Epidemiological Modeling ◽  
Public Health Policies ◽  
Sir Epidemic ◽  
The Impact ◽  
Case Data

Epidemiological Modeling supports the evaluation of various disease management activities. The value of epidemiological models lies in their ability to study various scenarios and to provide governments with a priori knowledge of the consequence of disease incursions and the impact of preventive strategies. A prevalent method of modeling the spread of pandemics is to categorize individuals in the population as belonging to one of several distinct compartments, which represents their health status with regard to the pandemic. In this work, a modified SIR epidemic model is proposed and analyzed with respect to the identification of its parameters and initial values based on stated or recorded case data from public health sources to estimate the unreported cases and the effectiveness of public health policies such as social distancing in slowing the spread of the epidemic. The analysis aims to highlight the importance of unreported cases for correcting the underestimated basic reproduction number. In many epidemic outbreaks, the number of reported infections is likely much lower than the actual number of infections which can be calculated from the model’s parameters derived from reported case data. The analysis is applied to the COVID-19 pandemic for several countries in the Gulf region and Europe.

scholarly journals Global dynamics of a novel deterministic and stochastic SIR epidemic model with vertical transmission and media coverage

2020 ◽  
Vol 2020 (1) ◽  
Author(s):  
Xiaodong Wang ◽  
Chunxia Wang ◽  
Kai Wang
Keyword(s):  
Vertical Transmission ◽  
Epidemic Model ◽  
Media Coverage ◽  
Existence And Uniqueness ◽  
Deterministic Model ◽  
Reproduction Number ◽  
Global Dynamics ◽  
Sir Epidemic Model ◽  
Sir Epidemic ◽  
Stochastic Sir

AbstractIn this paper, we study a novel deterministic and stochastic SIR epidemic model with vertical transmission and media coverage. For the deterministic model, we give the basic reproduction number $R_{0}$ R 0 which determines the extinction or prevalence of the disease. In addition, for the stochastic model, we prove existence and uniqueness of the positive solution, and extinction and persistence in mean. Furthermore, we give numerical simulations to verify our results.

scholarly journals Using excess deaths and testing statistics to determine COVID-19 mortalities

2021 ◽  
Author(s):  
Lucas Böttcher ◽  
Maria R. D’Orsogna ◽  
Tom Chou
Keyword(s):  
New York ◽  
New York City ◽  
Disease Prevalence ◽  
Statistical Testing ◽  
Biased Sampling ◽  
Mortality Data ◽  
Sir Epidemic Model ◽  
Excess Death ◽  
Sir Epidemic ◽  
Excess Deaths

AbstractFactors such as varied definitions of mortality, uncertainty in disease prevalence, and biased sampling complicate the quantification of fatality during an epidemic. Regardless of the employed fatality measure, the infected population and the number of infection-caused deaths need to be consistently estimated for comparing mortality across regions. We combine historical and current mortality data, a statistical testing model, and an SIR epidemic model, to improve estimation of mortality. We find that the average excess death across the entire US from January 2020 until February 2021 is 9$$\%$$ % higher than the number of reported COVID-19 deaths. In some areas, such as New York City, the number of weekly deaths is about eight times higher than in previous years. Other countries such as Peru, Ecuador, Mexico, and Spain exhibit excess deaths significantly higher than their reported COVID-19 deaths. Conversely, we find statistically insignificant or even negative excess deaths for at least most of 2020 in places such as Germany, Denmark, and Norway.

Sign in / Sign up

Export Citation Format

Share Document