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Life Insurance

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Life Insurance

Challenges in implementing an insurance-based solution for meeting cost of care in England

Adele Groyer of the IFoA’s Social Care Working Party gives an overview of the Association of British Insurers ‘Prepare for Care’ report against a background of continued uncertainty about what state support will be available in future.

Climate Change
Life Insurance

Recommended Papers: Embedding Climate Change risks into Life Insurer Risk Frameworks

The Risk Management workstream of the IFOA’s Life Board Climate Risk Working Party is tasked with looking to support life insurers with embedding climate change risks into their risk frameworks. As this is a very broad topic, the scope was limited to key pillars of the risk management framework, such as risk governance, risk appetite and stress and scenario testing. The finer details of modelling the impact of climate change risks on assets and/or liabilities are covered by other workstreams of this working party.

Life Insurance
Mental health

Mental Health in Life Insurance: Triggers to Purchasing Insurance

Mental Health in Life Insurance: Triggers to Purchasing Insurance

Life Insurance
Mental health

Mental Health in Life Insurance: Underwriting mental health conditions

1 in 4 people will experience a mental health challenge of some kind each year, and 1 in 6 people report experiencing a common mental health issue like anxiety and depression in any given week in England.

Life Insurance
Mental health

Mental Health in Life Insurance: Access to insurance with a consideration of consumers who have a mental health condition.

Mental Health in Life Insurance: Access to insurance with a consideration of consumers who have a mental health condition.

Life Insurance
Mental health

Mental Health in Life Insurance: How the claims process for income protection supports mental health vulnerability

Mental Health in Life Insurance: How the claims process for income protection supports mental health vulnerability

Life Insurance
Mental health

A look back on Mental Health in Life Insurance week

Over the last decade, the UK, along with the insurance industry, has experienced an increased focus on awareness and treatment of mental health conditions. The pandemic has further focused the national conversation around mental health which has been encouraging. This is beginning to break down some of the barriers and stigmas surrounding those living with mental health conditions. The industry has been giving considerable thought to the challenges surrounding mental health in recent years and we have seen some really great examples of insurers putting customer needs first in this area.

Life Insurance
Mental health

Mental Health in Life Insurance: Mental Health and Disability Insurance Claims

Mental Health in Life Insurance: Mental Health and Disability Insurance Claims

Life Insurance
Life Conference

Recovery and resolution plans: Life Conference 2023

A preview of the upcoming Life Conference 2023 session on meeting the new regulations for pension providers.

Life Insurance
Climate Change

Climate scenario analysis for life insurers

This short article is an initial output from the IFoA Life Climate Scenarios Working Party (Assumptions and scenario modelling) – it provides a brief outline of how climate scenarios can be used by a life insurance company.