In this video, Ryan Kiefer from Deloitte Consulting introduces the concepts of mortality and longevity risk in the life insurance and annuity industry. He explains how insurance companies pool and diversify their risk exposure and use reinsurance to limit their losses. He also discusses the impact of broader mortality trends such as medical advances and COVID 19 on the insurance market.
Contributors: Ryan Kiefer ASA, MAAA ; Anthony Champi , FSA, MAAA; Ryan Bruner FSA, MAAA; Jon Forster, ASA, MAAA