The Institute and Faculty of Actuaries has identified lack of clarity about how to plan for future long term care needs and a lack of reliable sector data as barriers to market development.
Actuaries' professional body, The Actuarial Profession, has said that, if implemented, the Dilnot Report will present significant opportunities for the long term care insurance market.
Ranking people in affordability terms for long term care (LTC) would open the market to insurers actuaries have been told.
Chelsea is to win the Premiership, the Actuarial Profession's Life conference has been told
EU moves to enforce gender equality in insurance rates and pension calculations could lead to greater inequality The Actuarial Profession has said.