A series of drivers are reshaping financial risks, particularly in the area of retirement. A rise in health expenditures, ageing populations and low interest rates are contributing to retirement insecurity around the world. Long-term savings will be increasingly important in the coming decades, yet the demand for savings-oriented life insurance products has been declining.

Over the past few decades, the economies of many emerging markets have grown rapidly, lifting millions out of poverty and creating a growing middle class.

By Rachel Anne Carter

Twenty years today, the world watched in shock as tragedy unfolded – as events that were previously unfathomable during peacetime, generated by human actors, occurred. Nearly 3,000 people lost their lives and 6,000 were injured, many severely, in the 9/11 terrorist attacks. In fact, the death toll continues to rise today, with almost 20,000 civilians or first responders diagnosed with a 9/11-related cancer, according to the World Trade Centre Health Program.

By Adrita Bhattacharya-Craven

By:

Adrita Bhattacharya-Craven, The Geneva Association

David Tordrup and Rebekka Aarsand, Triangulate Health Ltd, UK

By Maryam Golnaraghi

Director Climate Change and Environment

The highly anticipated 26th session of the Conference of Parties (COP) meeting in Glasgow, known as COP26, was the largest United Nations (UN)-convened gathering of private-sector leaders, including from insurance and finance, technology and engineering. Delegates from over 192 governments participated, ultimately negotiating the official outcome document, The Glasgow Climate Pact.¹

Improving coverage for virtual threats such as ransomware and supply chain attacks is one of the most pressing and thorny issues facing the insurance industry today. It has become even more urgent since the onset of the COVID-19 pandemic because the resulting changes in the way the world works and does business mean such incidents have become more frequent and varied in character. The costs of their potential harm have also grown exponentially, with the worst-case scenarios estimated to generate economic disruption running into billions of dollars.