Life Insurance / General

Navigating New Horizons: Embracing Mental Health Challenges in the Insurance Industry

The prevalence of mental health disorders in our country continues to rise, presenting both challenges and opportunities for the insurance industry. To address this growing trend, insurers and financial advisers must adapt their strategies and develop a deeper understanding of mental health conditions.

The low-drawdown plus portfolio growth tonic

Living annuities are arguably the most popular product used to manage South African retirees’ post-retirement income requirements. Annuitants and their financial advisers love the flexibility of being able to select income drawdown levels annually and the ability to alter asset allocations through underlying funds; but this does not mean the products are without risk.

Future complications and potential claims

With ongoing health problems linked to the pandemic causing higher-than-normal mortality rates, what are the key mortality drivers that life insurers and reinsurers will be watching closely over the coming years?

Discovery Life making strides in closing the insurance gap