Globally, poor mental health afflicts close to a billion people.1 Incidents of mental illness soared during the pandemic due to social restrictions, isolation and increased financial insecurity. The cost-of-living crisis, effects of climate change and other destabilising factors are set to exacerbate mental health risk and its impact on societies and economies.
The rapid rise of InsurTech is transforming the insurance industry, driving innovation in products, processes, and business models. The January 2025 special issue of The Geneva Papers on Risk and Insurance, edited by Alexander Braun and Alex (Ruo) Jia, explores how InsurTech, including digital technologies like big data, IoT, and blockchain, create value for insurers and their customers.
Investing in innovation
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.
ZURICH, 19 February 2025 – Increasing longevity and falling fertility mean the world is facing a new demographic reality – a growing elderly population with fewer working-age people to support it. A new research report by the Geneva Association, Insurance and the Longevity Economy: Navigating protection in the era of 100-year lives, reveals insurers’ innovative strategies to address the challeng
