COVID-19 Actuaries Response Group

Testing to contain the second wave threat

Bulletin 29

In early February, when there were less than two hundred confirmed COVID-19 cases outside mainland China, each country formulated its own national strategy for dealing with the emerging coronavirus.

The most successful strategies, which have minimised loss of life, contained the first wave through a rigorous regime of testing, contact tracing and quarantining, in addition to social distancing measures.

Strategies relying on self-isolation of infected people have failed because of widespread asymptomatic transmission. Mass testing is a prerequisite for breaking the invisible chains of asymptomatic transmission which inflate the reproduction number.

UK antigen testing capacity, manifestly deficient in the spring, should be up to South Korean levels by the autumn, thanks to newly authorised Roche and Abbott tests. These testing developments provide pharmaceutical grounds for UK optimism that the reproduction number, R, can be maintained below the epidemic threshold, and that a potential second wave threat of COVID-19 infection can be contained.

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Gordon Woo

Catastrophist - Risk Management Solutions

Dr. Gordon Woo is an architect of the RMS LifeRisks pandemic risk model, which was developed in 2006, at the time of the H5N1 avian flu crisis.

He has contributed widely to the IFoA literature on pandemics, including writing an actuarial perspective on pandemics for the special pandemics edition of the 2015 longevity bulletin, and an article on the age-dependence of the 1918 pandemic.

His IFoA talk on extreme pandemic scenarios in September 2016 included an alternative more transmissible version of MERS, which has similarities with COVID-19.

Trained at Cambridge, MIT and Harvard, he is a visiting professor at UCL, and a visiting professor at NTU, Singapore.

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