Life Insurance / General

Insurers grapple with evolving pandemic risk

Insurers are having a tough time modelling pandemic risk as they grapple with countless variables that could influence eventual claims outcomes. “The novelty, unpredictability and severity of this pandemic, as well as its progression through multiple waves and variants, make it extremely difficult to accurately model how the pandemic will progress,” noted Discovery Group Risk, during a presentation on its 2021 claims experience. The sharp rise in claims proves that mortality and morbidity risks are significantly increased by Covid-19 infections, and flags certain demographic, health and lifestyle factors for contributing to the severity of the disease.

Living with diabetes comes with a high financial cost

Diabetes is not just a physically and emotionally debilitating disease, it also holds significant financial burdens for people living with it.

Discovery Life claims data demonstrates the significant value of comprehensive life insurance during the COVID-19 pandemic

Securing and growing your legacy is too significant to leave to chance