waterloo insurance company
Life expectancy and insurance
People are living longer than ever, which means insurance companies and pensions face bigger payouts. Waterloo actuarial scientists are helping them cope.
Topics for this story
One of the most radical shifts in the last century is how much longer people are living. Life expectancy has been steadily rising for as long as there’s been reliable data, which for Canada means since the 1920s. In most senses, that’s a good thing.
But increased life expectancy is a challenge for financial institutions, because when people live longer than expected, they get more pension and health insurance payouts and, in some cases, life insurance payouts. That means increased liability for insurance companies and pension plans.
Luckily for financial services companies, Fairfax Chair and associate professor Johnny Li of Water... http://life-insurance.ucoz.com/news/waterloo_insurance_company/2013-07-01-4336
Комментариев нет:
Отправить комментарий