COVID-19 modelling reference
March 31, 2020
Overview of modelling done for government decision-making on the level four restrictions due to the pandemic can be found at the link below.
https://www.newsroom.co.nz/2020/03/31/1106913/new-modelling-shows-scale-of-covid-19-threat
Another report often quoted in the news can be found at this link.
We think this is an important foundation for the discussion about modelling. Other data sources used in the development of our model, include:
- http://weekly.chinacdc.cn/en/article/id/e53946e2-c6c4-41e9-9a9b-fea8db1a8f51
- https://www.who.int/docs/default-source/coronaviruse/who-china-joint-mission-on-covid-19-final-report.pdf
- https://www.cdc.go.kr/board/board.es?mid=a30402000000&bid=0030&act=view&list_no=366633
- https://www.nature.com/articles/s41591-020-0822-7#MOESM1
- https://www.cdc.gov/mmwr/volumes/69/wr/mm6912e2.htm
Based on the above, we have been working on a model for COVID-19 impacts on life insurance claims. We compared the outputs for our model with the approaches taken here and found sufficient accord that we are comfortable that our model is generating reasonable outputs. Subscribers to our quarterly life and health report will receive a copy of the model.