World Alzheimer’s Day marks a longstanding partnership between the SCOR Foundation and France's Alzheimer’s Disease Foundation to seek advances in the treatment, early diagnosis and prevention of this debilitating condition.
The agricultural industry is faced with a plethora of risks, and some of its major loss drivers are weather-driven natural catastrophes. SCOR’s latest technical newsletter takes a look at winterkill, caused when crops are damaged through exposure to cold in the winter.
Viral hepatitis is currently the world’s 7th deadliest human disease. To mark World Hepatitis Day on June 28, SCOR Global Life Medical Director Dr. Gabriela Buffet shares some key points about this widespread pathology.
Automated vehicles (AV) are keenly anticipated for the benefits they are expected to bring to society: greater safety, fewer traffic accident victims, improved access to mobility, and more efficient traffic flow resulting in reduced emissions.
In the video interview below, Thomas Sterner, Professor of Environmental Economics at the University of Gothenburg in Sweden, explores the risks associated with climate change and the uncertainty surrounding their quantification. He goes on to discuss the most efficient tools to mitigate those risks from the perspective of policymakers, corporates and the (re)insurance industry.
During her presentation titled “Longevity: recent trends and the role for (re)insurers to meet the challenges” at the SCOR Conference 2017, Daria Ossipova, Head of Health and Longevity R&D at SCOR Global Life, addressed the challenges posed by aging societies.
More and more people are living to 65 and over, and for a long time this has fueled general concerns about associated financial issues. The thinking is that, at this age, people generally stop being net contributors and instead become net receivers of benefits. Moreover, people who live longer tend to see a deterioration in their health, which increases the global cost of care.
However, that vision is no longer completely true. Nowadays people tend to reach retirement age in better health and to be more active – they create companies, they continue to work, they consume. Unfortunately, this assessment is not true for all layers of the population, and varies deeply between countries. Governments and private institutions have to work together to tackle this issue. Governments should create incentives for people to save for retirement. The (re)insurance sector should adapt their products to the new characteristics of older generations.
To achieve these goals, longevity risk needs to be monitored closely. Analyzing longevity trends is a very complex matter. Mortality drivers are evolving over time, and using old information may lead to misleading conclusions. Not all countries make the same progress at the same time. Furthermore, socio-economic conditions create divergence in trends: events such as major economic crises or sudden political transitions may deeply alter the trend, as we have seen with the dramatic fall of life expectancy in Russia following the breakdown of the communist system.
In the presentation below, Daria Ossipova highlights some of the key challenges involved in making a comprehensive estimation of longevity.
Daria OSSIPOVA, Head of Health and Longevity R&D at SCOR Global Life, talks about "Longevity: recent trends and the role for (re)insurers to meet the challenges