Unmodelled aspects of longevity could invalidate insurer's predictions for policy pricing, reinsurer RGA has said.
The term ‘avocational' describes activities taken up outside one's regular work or profession. Asking life and health insurance applicants whether they participate or plan to participate in hazardous sports, for example, is standard practice.
With about 1.2 million active motorcyle riders in the UK, advisers would do well to familiarise themselves with covering the proportion who race. Andrzej Serwadczak explains
Never mind the stats, actuaries need to get talking to their colleagues in claims to understand the people, skills and experience, says Alex Isted
If you're an expat worker living abroad, what would happen if your parent fell ill back home? Greg Becker looks at an Indian innovation
Consumers are more concerned about protecting their family since the financial downturn, research suggests.
Governments across Europe are getting on board to help people stop smoking. Ross Campbell discusses nicotine replacement therapy's underwriting implications
The rise of bank-based distribution for many long-term insurance products led to the term ‘bancassurance'. But is bancassurance distribution ready for a rethink? Greg Becker investigates
Despite tough times and extra risk, the outlook for the group protection landscape looks brighter, says Lee Lovett
Greg Becker looks at how Ghana is leading the way in providing insurance - through mobile phones