It is important to recognize the impact of the COVID-19 pandemic on different aspects of society and to analyze its effects to forecast future scenarios. The goal of this project was to analyze the impact of a pandemic on the reserves of a life insurance company. Reserve calculations were completed with pre-pandemic and post-pandemic factors to provide comparative data. The pandemic inputs impacted interest rates, mortality rates, infection rates, and lapse rates, and accounted for different regions of the US.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• MacInnis, Lindsay J.
• White, Jessie M.

Publisher

• Worcester Polytechnic Institute

Identifier

• 4731
• E-project-120820-160911

Keyword

• Actuarial
• Stochastic Reserves
• Life Insurance

Advisor

• Abraham, Jon P.
• Posterro, Barry John

Year

• 2020

Date created

• 2020-12-08

Resource type

• Major Qualifying Project

Major

• Actuarial Mathematics

Rights statement

• In Copyright

License

• All rights reserved

Last modified

• 2021-03-09