RePlay by Hannover Re | Episode 11
Living longer: Lessons from Australia
Australia pairs a highly developed pension system with long life expectancy. And yet people still underestimate how long their income needs to last. That gap raises a central question for insurers: why do so many retirees insure their home and car, but not their income for life?
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In the latest episode of RePlay by Hannover Re, Andrea Stähr and Kris Boundy discuss why developments in the Australian longevity market matter beyond its borders, and what they reveal for insurers in other regions.
Tune in to hear about:
- Why retirees often carry longevity risk themselves
- How flexibility and behavioural insight shape lifetime income products
- What insurers in other markets can learn from Australia