DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL
Compartmental epidemiological models are mathematical approaches used to model the dynamic of epidemic diseases spread. Compartmental epidemiological models applied in this thesis are the SIR (Suscepted - Infected - Removed) and SIRD (Suscepted - Infected - Recovered - Death) models. This thesis...
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id-itb.:827362024-07-10T14:52:19ZDETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL Priyo Sembodo, Ramadhyan Indonesia Final Project premium, reserve funds, disease insurance, compartmental epidemiological model, actuarial. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/82736 Compartmental epidemiological models are mathematical approaches used to model the dynamic of epidemic diseases spread. Compartmental epidemiological models applied in this thesis are the SIR (Suscepted - Infected - Removed) and SIRD (Suscepted - Infected - Recovered - Death) models. This thesis aims to determine the premium and reserve funds in disease insurance using these compartmental epidemiological models. Parameters in the SIR and SIRD models will be estimated using assumption-based approaches and optimization with genetic algorithms. Once the model parameters are estimated, the model will be used to predict the spread of the disease so that the premium and reserve funds for disease insurance can be calculated through an actuarial approach. This research are expected to contribute to the determination of accurate premiums and the adequate planning of reserve funds for disease insurance. text |
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Indonesia |
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Compartmental epidemiological models are mathematical approaches used to
model the dynamic of epidemic diseases spread. Compartmental epidemiological
models applied in this thesis are the SIR (Suscepted - Infected - Removed) and
SIRD (Suscepted - Infected - Recovered - Death) models. This thesis aims to
determine the premium and reserve funds in disease insurance using these
compartmental epidemiological models. Parameters in the SIR and SIRD models
will be estimated using assumption-based approaches and optimization with
genetic algorithms. Once the model parameters are estimated, the model will be
used to predict the spread of the disease so that the premium and reserve funds for
disease insurance can be calculated through an actuarial approach. This research
are expected to contribute to the determination of accurate premiums and the
adequate planning of reserve funds for disease insurance. |
| format |
Final Project |
| author |
Priyo Sembodo, Ramadhyan |
| spellingShingle |
Priyo Sembodo, Ramadhyan DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL |
| author_facet |
Priyo Sembodo, Ramadhyan |
| author_sort |
Priyo Sembodo, Ramadhyan |
| title |
DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL |
| title_short |
DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL |
| title_full |
DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL |
| title_fullStr |
DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL |
| title_full_unstemmed |
DETERMINATION OF INSURANCE PREMIUMS AND RESERVES USING EPIDEMIOLOGICAL MODEL |
| title_sort |
determination of insurance premiums and reserves using epidemiological model |
| url |
https://digilib.itb.ac.id/gdl/view/82736 |
| _version_ |
1822997810187862016 |