Financial Support for Informal Care Provision in European Countries: A Short Overview
Long-term care (LTC) systems all over the world rely heavily on provision of care by unpaid carers, mostly family members without specific training in this field. In several developed countries, the share of informal care provided to the elderly is estimated to amount to about three quarters of all long-term care provided, thus forming one of the most important building blocks of national care systems. Several international developments, however, raise concerns if and how this most important type of care provision will be able to retain its role.
Screening for Dementia and the Impact on Mortality and Morbidity in Long-Term Care Insurance
Carriers providing long -term care (LTC) insurance have historically invested significant resources in risk management activities designed to ensure that policies are properly priced and that premiums can remain relatively stable for consumers. An important focus of such risk management activities has been the medical underwriting process and more specifically dementia screening. Dementia-related claims continue to present the single largest claim liability to LTC carriers.
Equitable Life U.K.: a Decade of Regulations and Restructuring
This report examines the Equitable Life crisis and subsequent run-off as part of a series of case studies undertaken by The Geneva Association to identify the best practices for ensuring smooth, non-disruptive resolutions, with a focus on policyholder protection and the overall stability of financial markets and economies.
Joint Statement of The Geneva Association, UNEP-FI, MCII and ClimateWise: "Global insurance industry statement on adapting to climate change in developing countries"
Four leading insurance climate change initiatives, whose combined membership includes more than a hundred of the world's leading insurers across Africa, Asia, Europe, North and South America, and Oceania, have combined their members' expertise to present this Statement.
The Public Pensions Crisis in the U.S.
In this report The Geneva Association examines the issues at the root of the crisis and suggests that the non-payment of annual required contributions and an unbalanced strcture to pension planning are among the most significant challenges to overcome.
GA and NTU Singapore Sign Cyber Research Collaboration
JOINT PRESS RELEASE The Geneva Association and Nanyang Technological University, Singapore collaborate in cyber risk insurance research (Zurich/Singapore, 26 September 2016) Leading international insurance think tank The Geneva Association and Nanyang Technological University, Singapore (NTU Singapore) will jointly collaborate in cyber risk insurance research.
The Geneva Association Restates its Commitment on International Efforts to Address Climate Risk
On the eve of the COP21 in December 2015, 68 CEOs of (re)insurance companies signed The Geneva Assocation's Climate Statement, reaffirming their commitment to support the three international frameworks adopted by the member states in 2015, namely (i) the Sendai Framework for Disaster Risk Reduction (2015-2030), (ii) the 2030 Agenda for sustainable development and (iii) the Paris Agreement on Climate Change.
Geneva Association Signs MoU with the Insurance Society of China
Leading international think tank The Geneva Association is pleased to announce that it has entered into a Memorandum of Understanding (MoU) with the Insurance Society of China (ISC)
Under the terms of the agreement, The Geneva Association and the ISC have agreed to work together on certain insurance theoretical and practical research initiatives and share the research findings, which will promote the establishment of a platform of industry exchange, the production of studies and the integration of insurance cultures.
Geneva Association Chairman Speaks at UN Paris Agreement Signing Ceremony
Chairman of the Board of The Geneva Association and CEO of XL Group, Mike McGavick, reaffirmed the (re)insurance industry's commitment to supporting global climate resilience and disaster risk reduction measures at a High-Level Luncheon hosted by the UN Secretary General Ban Ki-Moon, ar the UN Paris Agreement signing ceremony in New York.
