Life insurers are constantly devising ways to update their products and customer interface to reflect what customers want.

Peter Schaefer, CEO Hannover Re Life U.S., spoke to The Geneva Association at its 2019 Global Ageing Conference about the potential for technology to help life insurers reach more segments of the population and how far technology could go to transform the industry.

Ronald Klein: Thank you for speaking with us here at the 16^th Global Ageing Conference, hosted by RGA.

The Geneva Association’s Global Ageing Conference is held against the backdrop of increasing proportions of old-age populations around the world. Yet, in the U.S. at least, overall life expectancy is declining, largely due to mortality linked to opioid abuse.

Dale Hall, Managing Director of Research, Society of Actuaries, gave us a break-down on the relationship between mortality and longevity rates.

Employer-funded pensions, known as defined-benefit pension plans, have long been on the decline. By taking on employer pension liabilities through pension-risk transfer, insurers are bringing value to companies and individuals and realizing important growth opportunities for their businesses.

ZURICH, 18 November 2019 – The Geneva Association, the global organisation of insurance and reinsurance Chief Executive Officers (CEOs) and leading think tank of the insurance industry, is announcing the appointment of Kai-Uwe Schanz as Deputy Managing Director and Head of Research & Foresight, effective 18 November 2019.

How do insurers approach underwriting in the sharing economy space? Curtis Scott, Vice President, Global Risk at Lyft, spoke with Geneva Association collaborating expert, Ronnie Klein, about the benefits for customers, insurers and platforms alike with individualised pricing.

The Geneva Association is lauching a joint task force on cyber terrorism and cyber warfare with the International Forum of Terrorism Risk Reinsurance and Insurance Pools (IFTRIP). The special-purpose task force aims to conduct research on cyber terrorism risks across the re/insurance industry. Its initial findings will be published in mid-2020.

On the mitigation side, benefits from reduced carbon emissions need to be monetizable so they can be invested in and included in ESG ratings; on the adaptation side, it needs to be clear what asset managers and insurers are protecting for.

Fiona Cousins, an engineer specialising in sustainable design, participated in an interview with the GA at the 2019 General Assembly in Buenos Aires.