Monthly Archives: November 2010

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Experts examine longevity and nanotechnology risks through CRO Forum Emerging Risks Initiative

he CRO Forum, a professional risk management group, whose members are large insurance and reinsurance companies, has released two position papers today through its Emerging Risks Initiative. The first addresses the risks posed to pension funding by increased longevity.

Experts examine longevity and nanotechnology risks through CRO Forum Emerging Risks Initiative2010-11-25T10:46:27+00:00

Nanotechnology

This presents the insurance industry with significant challenges and opportunities. The paper recommends that assessing risk over the life cycle of these nanomaterials should be standard practice for the nanotechnology industry, as well as for their insurers and reinsurers.

Nanotechnology2010-11-25T08:15:44+00:00

Longevity Risk

The longevity paper finds that increased life expectancy will challenge society to provide adequate income to all individuals through old age. Consequently, demand for longevity risk mitigation solutions is growing, and life insurers should play an important role. However, their current capacity to take longevity risk onto their balance sheets is small relative to global longevity risk exposure.

Longevity Risk2010-11-25T08:04:56+00:00