Geneva Association

The longevity revolution, whereby life expectancy has risen from 46 years in 1950 to 74 years in 2025, is reshaping societies everywhere. For the insurance sector, it is a pivotal moment for innovation to meet emerging needs. Read the key findings and recommendations of our latest report, Insurance and the Longevity Economy, in this Forbes article👉https://lnkd.in/dFegQiXT

We’re living longer than ever, and that comes with big challenges. Health systems face increasing pressure, and financial security in later years is becoming harder to achieve. Our report by Adrita Bhattacharya-Craven, Axel Heitmueller, and Kai-Uwe Schanz explores how health & life insurance can evolve to help people navigate longer life spans and thrive throughout. Get the report’s key insights in our 4-page summary: https://lnkd.in/dpjaep_9

New tariffs and evolving trade relations require global businesses to strategically plan and adapt. What should the insurance industry expect? How can it effectively navigate the increasingly fragmented geoeconomic landscape? Our #RiskConversations webinar on 24 February will explore this topic, drawing on the Geneva Association’s latest report, "Insurance in a Fragmented World Economy" (https://lnkd.in/gP2-DZSB) and featuring the following speakers: - Miguel Abecasis, Fidelidade - Kweilin Ellingrud, McKinsey Global Institute - Runhuan Feng, PhD, FSA, CERA, Tsinghua University - Kai-Uwe Schanz, Geneva Association and Purpose for Insurance AG - Pamela Corn, Geneva Association (Moderator) Tune in live here on LinkedIn or sign up via Zoom! (Translation available)

Life expectancy has surged from 46 to 74 years since 1950, exceeding 80 in many countries. While this marks significant human progress, it also presents financial and health challenges. Life and health insurers play a crucial role. Our new report explores public perceptions of longevity, based on a global survey of over 15,000 people. Encouragingly, it finds that people have high awareness of longevity risks; but they also overestimate their preparedness to manage them. The report outlines how insurers can adapt their offerings and develop new solutions to address this mismatch and foster a resilient longevity economy.

From AI-driven claims processing to wearables for the prevention of health risks, digital technologies are reshaping insurance. A new special issue of The Geneva Papers, edited by Alexander Braun and Ruo (Alex) Jia, explores how technologies like IoT, blockchain, and big data are creating value for insurers and their customers, and how companies can navigate the rapidly evolving landscape of digital insurance. Read the editorial for free: https://lnkd.in/gWAhNGy7

Insurers have a key role to play in helping societies adapt to shifting demographics and growing longevity risks. Our report by Adrita Bhattacharya-Craven, Axel Heitmueller, and Kai-Uwe Schanz finds that people are aware of the benefits insurance offers for preparing for a longer life, and outlines how insurers can translate this into improved uptake through innovative solutions. Read the press release: https://lnkd.in/d2kfkCqP

The prospect of living to 100 years old will continue to increase over the coming decades. This so-called 'longevity revolution', combined with falling birth rates, poses serious societal challenges – strained healthcare and pension systems with fewer young people to contribute. This report by Adrita Bhattacharya-Craven, Axel Heitmueller, and Kai-Uwe Schanz explores how insurance can evolve to help navigate this shift. Backed by insights from a 15,000-person survey across 12 countries, it shows how, through innovative products and collaboration with policymakers, the insurance industry can promote a thriving longevity economy in a world of 100-year lives. Read the report: https://lnkd.in/dpjaep_9 We are grateful to the following experts for their contributions to the report: Johan Auwerx (EPFL), Gautam Bhardwaj (pinBox Solutions), John Cai (China Pacific Life Insurance (H.K.) Co. Ltd.), Adelina Comas-Herrera (The London School of Economics and Political Science (LSE)), Rushika Fernandopulle (Iora Health), Stephen Frank (Global Federation of Insurance Associations (GFIA)), Martin Frölander (Junoverse), Scott Gaul (Prudential Financial), R. Dale Hall, FSA, MAAA, CFA, CERA (Society of Actuaries), Christophe Heck (Swiss Re), Kostas Kalauli (EpiCure Biotechnologies), Sanjeev Kapur (MetLife), Alistair McQueen (Aviva), Edward Moncreiffe (HSBC), Nils Reich (AXA), Andrew J Scott (London Business School), Daniel Zimmerman, M.D. (Reinsurance Group of America, Incorporated)

Keynote speaker announcement!: Rogerio Campos Henriques, CEO of Fidelidade, has joined the lineup of our Health & Demography Conference next week, kindly hosted by Munich Re. We look forward to his insights on not only the challenges, but also the opportunities, for insurers from the so-called 'longevity revolution' and to learning more about Fidelidade's initiatives in this space. View the agenda and register here: https://lnkd.in/d8WEMmbU #GALongevityConf25

From risks linked to AI-driven decisions to climate-related damages, the liability landscape is transforming and traditional legal frameworks are being challenged. As courts and regulators respond to new harms with expanded legal doctrines and compensation mechanisms, insurers must navigate their exposures. Our upcoming Evolving Liability Conference, ‘New Harms, Legal Responsibilities and Routes for Redress', kindly hosted by Intact RSA, will explore these shifts, what they mean for insurers, and how the industry can respond. Request to register at events@genevaassociation.org Tony Sebok (Cardozo School of Law), Ina Ebert (Munich Re), Lydia Savill (Hogan Lovells), Kevin LaCroix (RT Specialty) #GALiabilityConf25

As life expectancies rise and birth rates fall, health systems face mounting pressure, and financial security is at risk. How can insurance address these challenges? Drawing on insights from 15,000 people across 12 countries, our upcoming report, Insurance and the Longevity Economy, focuses on how people perceive their longevity and the insurance innovations needed to support people in an era of 100-year lives. Stay tuned! #LongevityEconomy #InsuranceInnovation