This is the 4th joint Insurance Institute of London (IIL) and AIR Worldwide webinar aimed at improving members understanding of developments in extreme event modelling and risk evaluation in today’s insurance world.

Description

The insurance industry often uses catastrophe models to better manage the financial impact of low-frequency, high-severity events. These models are not limited to natural disasters like hurricanes and wildfires. Pandemic models use epidemiology, statistics, and human behaviour to enhance our understanding of how these events affect (re)insurers, governments, and societies.

In this webinar, Doug Fullam will explain the structure, key concepts, and use cases for stochastic pandemic models and describe how they can be used to better understand COVID-19’s effect on the (re)insurance industry.

Speaker

Doug Fullam ASA, Director, Life and Health Solutions, AIR Worldwide

By the end of this webinar members would have gained an insight into:

• What are the main elements of a pandemic model?
• What questions do pandemic models try to answer?
• How are pandemic models being used to better understand the impacts of COVID-19?

Due to the interactivity of the event, places are limited (1,000 places) and will be allocated on a first come, first served basis.

This webinar will be hosted on GoToWebinar. Please familiarise yourself with their T&Cs and Privacy Statement.