Browsing: aging population

Global dependency ratio expected to rise to 26 seniors per 100 working-age people by 2050, driving changes in consumer behavior and insurance industry trends

The Capgemini Research Institute’s report reveals how the aging global population will impact the property and casualty insurance industry by 2050, driving changes in consumer behavior and insurance models.

The Financial Services Commission will introduce Tontin Insurance, a new pension insurance product, to enhance the social safety net and address the challenges of an aging population.

The Financial Services Commission (FSC) is expanding the business scope for insurance companies, encouraging them to explore new markets and products to adapt to demographic shifts and technological advancements.

Aging population and technological advancements drive growth in Japan’s insurance sector.