Work

COVID-19: A Trigger for Innovations in Insurance?

Year: 2021

Type: book-chapter

Abstract: This chapter gives an overview of the consequences of the novel coronavirus, COVID-19 on the insurance branch. The main problems caused by the pandemic on the commercial insurance, and in particular, on the business interruption and possible innovations are discussed. The aim is to prepare the reader for the following chapters specifically by demonstrating connections between different aspects of modelling a pandemic. These models are necessary to create new insurance products supplementing governments’ actions in response to a pandemic.

Source: Springer Actuarial

DOI: 10.1007/978-3-030-78334-1_1

Authors: María del Carmen Boado-Penas, Julia Eisenberg, Şule Şahin

Institutions: University of Liverpool, TU Wien

Language: English

Topic: Insurance and Financial Risk Management

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W3211293460