Funding longer lives

Medical advances have helped increase life expectancy, but with this good news comes challenges in retirement financing. Swiss Re believes governments, insurers and pension funds should work together in funding longer lives.

We are living longer and having fewer children. These two issues are behind the growing financial challenges associated with rising demand for retirement income, long-term care and healthcare in old age.

During a European Policy Centre dialogue, Swiss Re Head of Life and Health Alison Martin stated that the challenge is not just that people are living longer – which is a positive trend in society – but also the fact that how long they live has been significantly underestimated for decades.

A joined-up approach is needed with governments, businesses and financial service providers working in tandem to create a suitable plan. Educating the general population about the issue is also important As a provider of risk transfer services to the life industry for over a century, Swiss Re has funding solutions to assist the insurance industry and pension funds in addressing their longevity exposure.

Learn more in the stories below.

Insurers reduce risk in their employee pension funds

Products protecting insurers and pension funds against the financial risk of retirees living longer than previously expected are becoming more common – and primary insurers are leading the way.

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Making life insurance more attractive in Latin America

Insurers can play an important role in closing the mortality protection gap on the Continent.

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