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.
Our new report explores public perceptions of longevity, based on a global survey of over 15,000 people. Encouragingly, it finds that people have high awareness of longevity risks; but they also overestimate their preparedness to manage them. The report outlines how insurers can adapt their offerings and develop new solutions to address this mismatch and foster a resilient longevity economy.