The global life insurance industry has seen major transformations over the past decades, but none have been as course-altering as the Covid-19 pandemic. The pandemic reminded life insurers across the globe that protecting people against risk will continue to remain at the heart of insurance offerings. It also brought into focus two dominant themes, health and retirement, as the imperative business drivers in the decades ahead. By 2030, the number of persons aged 60 and over will have increased by more than 50 per cent.
Furthermore, lifestyle diseases such as diabetes and heart disease are estimated to account for nearly 71
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

)